ft.com - 12/8/2008
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Barack Obama on Sunday spelled out his plans for the biggest infrastructure investment in the US for half a century. The president-elect argued that with the economy reeling, his incoming administration could not afford to worry about a spiralling budget deficit. Mr Obama’s proposals for ...
reuters.com - 12/15/2008
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reuters.com —
NEW YORK (Reuters) - President-elect Barack Obama's team
is considering a plan to boost the recession-hit U.S....
economy that could be far larger than previous estimates and might reach $1 trillion over two years, the Wall Street Journal reported on ...
(more)
Obama stimulus could reach $1 trillion: report
| U.S.
chicagotribune.com - 12/10/2008
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chicagotribune.com —
Barack Obama talks to Tribune Barack Obama says
his heart will remain in Chicago, even as he...
moves to Washington. ( Alex Garcia / Tribune / December 9, 2008)
(more)
Barack Obama, Barack Hussein Obama -
telegraph.co.uk - 12/8/2008
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telegraph.co.uk —
President-elect Barack Obama has warned that things are
going to get worse before they get better as...
he outlined details of an economic stimulus package that could reach $1 trillion and is designed to lift the United States out of recession.
(more)
Barack Obama unveils $1 trillion economic stimulus package
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Obama to focus on stimulus not deficit
FT Alphaville —
Barack Obama on Sunday spelled out plans for the biggest infrastructure investment in the US for half a century and called for tighter regulation of the financial industry. The president-elect argued that with the economy reeling, his incoming administration could not afford to worry about a spiralling budget deficit. Obama’s proposals for government works on roads, bridges, internet broadband and school buildings, together with energy efficiency measures and health spending, are far more detailed than the normal announcements during a time of transition. At a time of ...
Obama's new New Deal
Finance Trends Matter —
... Barack Obama is not wasting any time in outlining his plans to prop up America's economy. As the nation heads into the twelfth month of a recession (only officially announced last week), Obama is proposing huge government spending on infrastructure and works projects, programs that could cost $700 billion or more according to his own advisers. Deficits be damned. From, "Obama to focus on stimulus, not deficit" (Financial Times): "Barack Obama ...
Words from the (investment) wise 12.15.08
The Big Picture —
... regulations to make banks, credit ratings agencies, mortgage brokers and others ‘much more accountable and behave much more responsibly’.
“‘I am absolutely confident that if we take the right steps over the coming months that not only can we get the economy back on track but we can emerge leaner, meaner and ultimately more competitive and more prosperous,’ Mr Obama said at a subsequent press conference.”
Source: Daniel Dombey, Financial Times, December 7, 2008.
Bill King (The King Report): Obama Plan one ...
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Much in Obama stimulus bill won't hit economy soon
washingtonpost.com 1/20/2009 — The Associated Press Tuesday, January 20, 2009; 7:47 AM WASHINGTON -- It will take years before an infrastructure spending program proposed by President-elect Barack Obama will boost the economy, according to congressional economists. The findings, ...
Obama on the economy - worse before better
themessthatgreenspanmade.blogspot.com 12/8/2008 — From earlier today on Meet the Press. Oddly, the President-elect says we are not "going to be able to just keep printing money " and that the nation will have to be more fiscally responsible. Now, that really would be change you can believe in.
Micromanaging Detroit —
The Big Money 12/5/2008
The chiefs of the Big Three automakers paraded through Washington this week, asking, with ever greater plaintiveness and desperation, for federal help. Just a couple of months ago, the citizens of Michigan were treated to speeches about the ...
The economy: Days of open wallet —
The Economist: Full print edition 12/11/2008
Barack Obama is promising a vast new public-works programme as his solution to America’s economic woes NO SOONER had the worst job losses in a generation been reported (on December 5th, a Friday), than Barack Obama stepped up his calls for an ...
Lexington: Preventing genocide —
The Economist: Full print edition 12/11/2008
Advice for Barack Obama on grappling with a problem from hell A FEW years ago, Lexington visited a shabby church in Rwanda. Inside was a memorial to a massacre that took place within its walls in 1994. The most upsetting sight was that of small ...
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