nytimes.com - 1/14/2009
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An army of retailers are trying to make a bounty off of merchandise tied to Barack Obama’s inauguration. >
truthdig.com - 1/19/2009
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truthdig.com —
So, the government forks over a ton of
money to flailing banks, and naturally, their customers (i.e.,...
taxpayers) might expect to gain something from this helpful transaction as well, right? Guess again, customers. The New York Times: At ...
(more)
Bailout a Boon for Bankers
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The Early Word: A Transition Stumble
The Caucus —
... The Politico’s Ben Smith reports that “dozens of entrepreneurial citizens — some with close Hill ties — are hawking their tickets to the event on Washington’s Craigslist for prices of $500 per ticket and more.” And holders of the coveted tickets are not the only ones cashing in. From Washington, The Times’s Juliet Macur writes that Mr. Obama’s mantra of hope and change has been snapped up by companies looking to market his message: On the sides of buses, inside Metro stations and over the radio, Ikea promotes its home furnishings by proclaiming “Change Begins at ...
Forget Kool-Aid, Obama's Selling OJ
JammieWearingFool —
... to send out e-mails seemingly every day pleading for more money and more money, even weeks after he won the whole national election. It's called donor fatigue. Now, less than a week before his presidential inauguration to move into the White House with his family and mother-in-law, Obama has been exposed by the funny folks over at TMZ.com as someone using the presidency to sell orange juice with his daughter, Malia. They're even taking a vote over there. Many other adverstisers are lining up as well. I'm surprised Obama doesn't trademark himself and ask for a ...
NYT's Inauguration Hypocrisy: Bush Chided in 2005, but Obama Free to Party
NewsBusters.org - Exposing Liberal Media Bias —
... Yet the incoming Obama administration has suffered no such criticism. No editorial has appeared chiding President-elect Obama about extravagant inauguration spending while the nation is involved in two wars and is being buffeted by a deep financial crisis. The difference in tone is evident in chirpy stories like Wednesday's story by Juliet Macur on Obama-related merchandise: "Inspired by ...
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Write-Offs a Boon to Builders, Bankers
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A message for Paterson
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Transition: Geithner's taxes, HRC's day —
First Read 1/14/2009
The Washington Post writes, “Timothy F. Geithner, the man tapped to lead the nation out of the greatest economic crisis in decades -- and who would oversee the Internal Revenue Service -- trekked to Capitol Hill yesterday to explain to senators ...
Agenda: Fly me to the moon? —
First Read 1/14/2009
It's tough to fly over the moon when you're broke. The Hill reports, "Obama faces a decision at the end of April on whether to continue the Space Shuttle initiative, which NASA otherwise plans to shut down." More: "Extending the program would come at ...
Obama scrambles on Geithner, bailout concerns —
Reuters: Politics 1/14/2009
WASHINGTON (Reuters) - President-elect Barack Obama on Tuesday scrambled to answer questions about the nomination of Treasury Secretary pick Timothy Geithner amid anguished congressional negotiations over a $350 billion financial bailout.