GOPwinger Lies/Distortions/Omissions/Perversions of Truth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: geode00	10/26/2008 7:22:57 PM
	of 173976

Obama, McCain Face Most Pressure Since FDR to Speed Transition By John Brinsley and Edwin Chen Oct. 27 (Bloomberg) -- On the night of Nov. 4, either Barack Obama or John McCain will be celebrating his election as president. It may be a short party. Whoever wins will come under intense, immediate pressure -- unmatched since Franklin D. Roosevelt's election in 1932 -- to begin participating in policy making over which he'll have no formal control for 2 1/2 months. Within days, the winner's economic advisers may be heading to the U.S. Treasury to help tackle the nation's worst financial crisis in more than seven decades. ``The situation is so serious that he has to be involved,'' says James Thurber, director of the center for congressional and presidential studies at American University in Washington. ``But he has to be very careful because he's not the president and won't be the president until he's sworn in.'' President George W. Bush's Treasury officials are encouraging the candidates to waste no time getting a grasp of the $700 billion financial-rescue effort, even saying their aides can work out of the department, according to people who have spoken with the department. That unparalleled level of cooperation reflects a sense of urgency that the handoff by Bush be as smooth and fast as possible. ``The net effect you're searching for is a seamless transition,'' says Douglas Brinkley, a presidential historian at Rice University in Houston. ``It's exceedingly important that whoever wins names his economic team immediately. The Treasury post this time is gigantic.'' Abandoning Tradition That means either Obama or McCain would have to abandon the president-elect's traditional hands-off role in the months leading up to Inauguration Day, on Jan. 20.... bloomberg.com ----------- Just the idea of dolt McCain taking over from dolt Bush is frightening beyond belief. Thank God we're going to get the smart guy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next