In the Running: Sen. Barack Obama Takes First Step Toward Presidential Bid

Jan. 16, 2007 — -- Below is the text of a statement by Sen. Barack, D-Ill., announcing his decision to form an exploratory committee to launch a 2008 presidential bid.

As many of you know, over the last few months I have been thinking hard about my plans for 2008. Running for the presidency is a profound decision — a decision no one should make on the basis of media hype or personal ambition alone — and so before I committed myself and my family to this race, I wanted to be sure that this was right for us and, more importantly, right for the country.

I certainly didn't expect to find myself in this position a year ago. But as I've spoken to many of you in my travels across the states these past months; as I've read your e-mails and read your letters; I've been struck by how hungry we all are for a different kind of politics.

So I've spent some time thinking about how I could best advance the cause of change and progress that we so desperately need.

The decisions that have been made in Washington these past six years, and the problems that have been ignored, have put our country in a precarious place. Our economy is changing rapidly, and that means profound changes for working people.

Many of you have shared with me your stories about skyrocketing health care bills, the pensions you've lost and your struggles to pay for college for your kids. Our continued dependence on oil has put our security and our very planet at risk. And we're still mired in a tragic and costly war that should have never been waged.

But challenging as they are, it's not the magnitude of our problems that concerns me the most. It's the smallness of our politics. America's faced big problems before. But today, our leaders in Washington seem incapable of working together in a practical, common sense way. Politics has become so bitter and partisan, so gummed up by money and influence, that we can't tackle the big problems that demand solutions.

And that's what we have to change first.

We have to change our politics, and come together around our common interests and concerns as Americans.

This won't happen by itself. A change in our politics can only come from you; from people across our country who believe there's a better way and are willing to work for it.