Submit a Story!

Obama: Financial bailout program needs overhaul

 
WASHINGTON (Reuters) - President-elect Barack Obama urged a revamping of the government's $700 billion financial bailout, saying in an interview broadcast on Sunday it had to increase the flow of credit to families and businesses. (link)

Tags:

Related Content
Obama Names Minister to Lead Prayer Service
nytimes.com 1/11/2009 — Barack Obama has selected the Rev. Sharon E. Watkins to deliver the sermon at the national prayer service that is held the day after the inauguration. >
Look what SCOTUS is up to...
atlargely.com 1/11/2009 — This is very interesting indeed: WASHINGTON — The Supreme Court served notice Friday that it may make a far-reaching change in civil rights law in 2009 and knock down a pair of long-standing rules that give special protection to minorities in the ...
Start Small and Build?
talkingpointsmemo.com 1/11/2009 — A bit counter-intuitive. But okay ... From John Harwood's CNBC interview with Obama ... President-elect Barack Obama confirmed to CNBC Thursday that he plans to lay out a roughly $775 billion economic stimulus plan but indicated that the amount ...
Rule No. 1: Do Not Call Him ‘Ball Hog in Chief’
nytimes.com 1/11/2009 — Hoping for access? Play the president’s game. Washington dusts off its high tops. >
Bush Prosecution
democrats.com 1/11/2009 — Sunday evening I spoke on a panel in Washington, D.C., about war crimes, and in walked a group of spirited activists led by Laurie Arbeiter wearing "Arrest Bush" sweatshirts and carrying "Arrest Bush" signs, and they were absolutely dumfounded by what ...
First Fan Obama takes aim at the BCS (Politico)Yahoo! News: Politics News 1/11/2009
Politico - When Barack Obama spoke out again on the issue on Friday, Americans again had reason to hope that change may come to not only Washington but—at least as important—also to the widely despised Bowl Championship Series, or BCS.
Obama says won't dictate to Congress on stimulusReuters: Politics 1/11/2009
WASHINGTON (Reuters) - President-elect Barack Obama said in an interview broadcast on Sunday he would not try to dictate to lawmakers the details of an economic stimulus package but would work closely with them to hammer out a plan.
In Obama, many see an end to the baby boomer era (AP)Yahoo! News: Politics News 1/11/2009
AP - When George W. Bush lifts off in his helicopter on Inauguration Day, leaving Washington to make way for Barack Obama, he may not be the only thing disappearing into the horizon.
Obama: Dog search harder than finding a Cabinet memberCNN Political Ticker 1/11/2009
President-elect Barack Obama says choosing the first dog is narrowing down. WASHINGTON (CNN) — Picking the first dog is harder than it seems — but it the race could be narrowing down. President-elect Barack Obama said in an interview ...
Obama's SEC pick could face bumpy ride over MadoffReuters: Politics 1/11/2009
WASHINGTON (Reuters) - President-elect Barack Obama's choice to lead the U.S. Securities and Exchange Commission is likely to be roughed up at her confirmation hearing in connection with the Bernard Madoff scandal, but ultimately she is expected to be ...