I caught bits and pieces in between watching other better programming. The fragments I've seen have been utter bullshit. Obama either talked long enough that no one noticed he didn't answer the question, or he commits multiple logical fallacies to shift blame/justify himself, or he just has no idea what he's doing.
I swear the man said things like "what we need to do next is" when he's about to spend 800 billion-with-a-B dollars. There is no "next" after that. Once you spend that much, you're done. You're out of cash. You might be able to re-regulate, but you can't spend more money. If you're going to put that kind of money down, you need to do it right the first time.