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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (45681)	11/23/2008 8:31:15 PM
From: koan	Respond to of 149317

Never thought of that-lol. Still laughing.

To: Lizzie Tudor who wrote (45681)	11/23/2008 11:56:00 PM
From: stockman_scott	Respond to of 149317

John B. Judis On Obama's Cabinet: Well Done, Mr. President blogs.tnr.com

To: Lizzie Tudor who wrote (45681)	11/24/2008 12:15:58 AM
From: tejek	Respond to of 149317

Jeff Bagley Washington Getting the Message...Vaulting into Action 11/23/2008 9:21 PM EST Washington is getting the message. Loud and clear, apparently. The Wall Street Journal is reporting that Obama and Bush are together crafting a $500 billion (yes, half a trillion!) stimulus package, hoping to avoid further damage from the policy vacuum that has been recently devastating our markets. Importantly, Paulson is apparently ready to reverse his reversal on TARP. Since he announced that he wasn't going to go ahead with the initial plan - to get toxic securities off the books of our major banks - the "anointed" banks' stocks have been pretty much been cut in half. This is exactly the type of thing we've been looking for. Investors have been freaking out because Washington has been fiddling while the financials have been burning. We've all been absolutely dreading the fact that it's another two months before new leadership steps in. In short, we need Obama to become president now, not on January 20th, but luckily it appears that he - and the outgoing administration - realizes this as well. We need the SEC to step up now, too, to take the necessary steps to stabilize what has become a most dysfunctional market. You know the laundry list: reinstating the uptick rule, enforcing rules against naked shorting, and perhaps even modifying the mark-to-market rules. Hopefully, at least some combination of those initiatives should be coming soon.