In it, but not of it. TPM DC
"Some powerful interests who had been dominating the agenda in Washington for a very long time. And they're not always happy with me. They talk about me like a dog," he said, to cheers. "That's not in my prepared remarks, but it's true."
"That's why we passed financial reform. To provide new accountability and tough oversight of Wall Street," he went on, naming Wall Street and credit card companies as two of the "powerful interests" in Washington.
Obama spent much of the speech attacking Republicans, calling them the party of "No we can't." You can read his full prepared remarks here.