cbsnews.com - 11/17/2008
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(CBS) Since Barack Obama was elected the 44th president of the United States 12 days ago, he has largely remained out of sight, getting high-level government briefings and conferring with his transition team. But he surfaced on Friday afternoon in Chicago, alongside his wife Michelle to give 60 ...
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Obama 60 Minutes interview
Rolfe Winkler —
Some excerpts from Obama’s interview with Steve Kroft.
On the bailout:
Kroft: The government has spent almost $300 billion out of the TARP program.
Mr. Obama: Right.
Kroft: Money that was set aside to help the financial industry. And nothing much has changed if you look at it. Nothing much has changed. It’s $300 billion. Why is that?
Mr. Obama: I think the part of the way to think about it is things could be worse. ...
Obama and the Insider Effect
DealBook —
... great. But it is to restore a sense of balance. Some think Mr. Obama’s Wall Street connections could actually make sweeping change easier. Julian Zelizer, a history and public affairs professor at Princeton University, told Bloomberg: “If he surrounded himself with the left, it would be much harder to push regulation. Now he can claim the support of Summers or Rubin. They will offer him some support and cover from the financial community.” Go to Article from Bloomberg News » Go to “60 Minutes” Interview on CBSNews.com »
Auto Bailout: All But The Name
Capital Gains and Games —
... Though far from under a totalitarian regime, U.S. taxpayers are at risk from the auto company bailout, which became "assistance" to the auto companies in a 60 Minutes interview on November 16, 2008 with President-elect Obama said: ...
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The O Corps —
The Big Money 11/17/2008
Barack Obama is a green-energy nut. It’s not because he’s a conservationist—his legislative record doesn’t suggest anything beyond the normal progressive votes. It’s not because he’s an Al Gore disciple—Obama won’t get near the former VP’s idyllic ...
Lexington: How new a deal? —
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