Is Obama saying the worst of the economic crisis is behind us?

[mugofbeer]

President Barack Obama will discuss the winding down of the government's involvement in the financial sector in a wide-ranging speech on Monday in which he will try to reinvigorate stalled legislation on regulatory reform.

An administration official, who previewed the speech, said it would also include a call for global coordination to prevent future financial crises.

In the remarks scheduled for 12:10 p.m. EDT, he will also urge Wall Street firms to take responsibility and avoid the kind of reckless behavior that led to the 2008-2009 financial chaos.

[metro]

Very interesting. For our sake I hope he's right about the governments involvement but I'll believe it when I see it.