philly.com - 12/19/2008
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WASHINGTON - Anxious to jolt the economy back to life, President-elect Barack Obama is considering a federal stimulus package that could reach a whopping $1 trillion, dwarfing last spring's tax rebates and rivaling drastic government actions to fight the Great Depression. Obama has not settled ...
money.cnn.com - 12/15/2008
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money.cnn.com —
NEW YORK (CNNMoney.com) -- President-elect Barack Obama unveiled
his energy and environment team on Monday, ushering in...
what's likely to be a dramatic shift in the way the nation tackles the challenges of climate change, energy efficiency and the ...
(more)
Obama names energy, environment team - Dec. 15, 2008
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.
biz.yahoo.com - 12/23/2008
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biz.yahoo.com —
Despite praising it publicly, the energy industry is
wary of President-elect Barack Obama's incoming energy team which...
will likely call for major changes in the country's energy plan. When Barack Obama announced his energy and environmental staff last ...
(more)
Energy's take on Team Obama: Financial News - Yahoo!
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Stimulus Spending Skeptics
Greg Mankiw's Blog —
An AP story reports: Obama advisers, including Christina Romer and Lawrence Summers, have been contacting economists from across the political spectrum in search of advice as they assemble a spending plan that would meet Obama's goal of preserving or creating 2.5 million jobs over two years....Only one outside economist contacted by Obama aides, Harvard's Greg Mankiw, who served on President Bush's Council of Economic Advisers, voiced skepticism about the need for an economic stimulus, transition officials said.Skepticism, ...
Stimulus Spending Skeptics
Capital Gains and Games —
The new phrase working its way through conservative circles is "stimulus spending skeptics." Greg Mankiw has a couple of posts responding to this AP story, and House Republican Leader John Boehner is soliciting comments from skeptical economists.
I've made my points in earlier posts. The reason to spend is because we have unmet objectives that are typically achieved through fiscal policy. The reason to spend now is that factors of production are likely to be available at a lower cost than if we spent after the economy ...
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Blog Archive » Hedge funds: “Yes, we can!”
ftalphaville.ft.com 11/6/2008 — What a curious relationship exists between newly-elected US President Barack Obama and hedge funds. The industry has donated over $1m to Obama’s campaign, according to OpenSecrets.org (small change to a hedge fund manager, perhaps, but it still makes ...
One Trillion A Year?
market-ticker.denninger.net 1/7/2009 —
Change we can believe in? Where? This is Obama's idea of "change": WASHINGTON (AP) - President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to spur ...
AN OBAMA PANIC? - New York Post
nypost.com 10/13/2008 — Posted: 4:09 am October 13, 2008 Barack Obama has re mained cool and confident amid the financial melt down, even as John McCain at times has been embarrassing, lurching from one proposal to the next. But while the polls are reflecting Obama's steady ...
Replacing Justice Souter
reason.com 5/21/2009 — With Supreme Court Justice David Souter set to retire next month at the end of the Court's current term, President Barack Obama faces one of the most important decisions of his tenure. Reason.com asked a panel of leading legal scholars and ...
For Those Who Said He Wouldn't
maxedoutmama.blogspot.com 11/19/2008 — The governors had their climate change conference, and Obama made an appearance yesterday. The NY Times has the story : Speaking by video to a climate conference in Los Angeles, Mr. Obama repeated his campaign vow to reduce climate-altering carbon ...
Obama’s Bear
optionarmageddon.ml-implode.com 3/5/2009 —
I will preface this post by emphasizing that it is NOT Barack Obama’s fault that the market has fallen so much on his watch. The American economy was grossly over-leveraged before he was even elected to the Senate in 2004.
The stock ...
Christina Romer on YouTube on the Stimulus Plan
economistsview.typepad.com 1/11/2009 —
Paul Krugman is pushing for more:
More on Romer/Bernstein : Still picking over the Romer/Bernstein
official
evaluation of the Obama economic plan. Again, kudos to the team for
producing such a clear, honest assessment. But ...
Dissident Notes on the Obama Coronation
cato-at-liberty.org 1/20/2009 — It’s wall-to-wall Obama in the newspapers and on the airwaves, and I keep wondering, Was it quite so overwhelming in the run-up to previous inaugurations? I think not. Presumably the gushing media response is generated by some combination of ...
Obama and the Stock Market
qando.net 11/6/2008 — N o this isn’t what you think. It’s just a rather interesting example of how the press, even within one agency, and writing about the same story, will spin it in different directions to the point that you might not realize they’re ...
How to Profit from the Obama Stocks
oldprof.typepad.com 6/14/2009 — Understanding public policy decisions is crucial to investment success. This has never been more true. Government intervention is changing the nature of every business. As an investor, you need to figure out what is going to happen, and whether it ...
The Green House —
The Big Money 12/17/2008
For President-elect Barack Obama, the sagging economy is the gift that keeps on giving. First, it helped get him elected. Now it's giving him a mandate to spend more than he ever could under normal circumstances.
read more
Vilsack: Slow Change We Can Believe In —
The Big Money 12/17/2008
In announcing his choice of Tom Vilsack as Secretary of Agriculture on Wednesday, President-elect Obama talked about how the Department of Agriculture is "designed to serve not big agribusiness or Washington influence-peddlers, but family farmers ...
Education: B+ for the new boy —
The Economist: Full print edition 12/18/2008
Barack Obama’s education secretary is a diplomatic reformer DURING the election campaign the economy submerged most talk of education. But beneath the surface, a debate churned between the self-proclaimed reformers and the teachers’ ...
Taxed Men —
The Big Money 12/18/2008
Since this story is about politics, let’s begin with an opinion poll. Of the following, who would you say has a harder fiscal job, given our economic dilemma? (We’ve redacted the names to prevent bias.)
read more
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