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Ken, I don't think it's about repayment– that would be "politics as usual". I think that Obama is sincere when he wants to select the best people for the job.
Europe is now in recession and even we do not think we hit the bottom. Just imagine that the bail-outs won´t effect.
I think the Bush Family are nice people.
The cities lining up to get in on the bail out pie worries me. Hopefully everyone is not in that much trouble.
How about Al Gore for Secretary of Energy?
If Obama wants Loyalty & a true commitment for our Country, then Hillary is clearly the best choice for such an important job. Richardson is about as loyal as a snake, & would sell out his on Mother if he thought it would put him in the Spot-Light again.
I'm glad to see Bill Ayers was given the opportunity to clear any rumors about his past and his connection with Mr. Obama. As a student at UIC, I respect Professor Ayers and feel it's unfair to label him a "terrorist"
I think Obama and Hilary would make a great team and a good example, for our young people and their future.
Hey why not forget bailing out the big companies, Send a nice check to each home in this country. 700 billion put in the hands of the tax payers is what should be done. The money would go everywhere then.
@ Grace.
Absolutely right. I'm in that exact position, up for Treasurer for a small city. It's not 'official' yet (still getting vetted), but I'm their first pick. I did have a small advantage in that I've been doing the job since Sept.
I think Obama knows well the kind of stuff Hilary is made of and is wise to offer the position to her first.
How about Al Gore for Secretary of Energy?
I don't want hear from Ayers.......... I am tired to hear from him to interview him........ enough for me.......
Sarah Palin should sit down with Bill Ayers with an one on one interview and get a history lesson.
it's really a smart pick, obama needs some dependable washingtonites who know how too work the system, he is smart and tactfull and the people really love him but he needs some beef to go with his potatoes.
Funny thing is Obama said that Ayers was just someone who lived in his neighborhood, but Ayers called Obama a "family friend" this morning, so who is lying?
Hey, if I could get a PT Cruiser half off, I'd by one and I don't even need a car!
Thanks to Richard Quest. I think he is right.
Why is Ayers speaking now? Did someone tell (or pay) him NOT to speak during the campaign?
I think HC will be the best for the job - I also believe Bill Richardson will be disapointed if he is not the one
Hillary Clinton as Secy of State will serve President Obama well by presenting a strength of character and purpose around the world for
policies both of them believe in. She is an asset and has shown she handles stress well, thinks thoughtfullly, and
can articulate what needs to be said. Just considering her has moved Obama up notches because it shows he is thinking of the country and not himself personally. I have seen in business that the managers who use their talented individuals rather than compete with them are the ones who are the most successfull.
Do you really think the NY Governor will appoint a Republican senator? Isn't that what happens if a senator takes a cabinet position? Doesn't the governor appoint someone to take the position? NY doesn't strike me as a red state.
I completely agree Kathy, NC!
I thought when Congress voted on the bailout, there were guidelines as to where the money was going.
The Greatest Triumph for our Nation would be Hillary Clinton as our Sec. of State. She has attained eminence throughout her service to our country. She can truly be our American diplomat unlike Governor Richardson who lacks the diplomatic finesse. We don't need a politico we need someone honest and not just someone looking for glory.
Well, it will be interesting what comes out during that Global Economic Summit but my guess is nothing..... Richard Quest brought a good perspective to what the Europeans are thinking.
we have worked hard all our lives, the government did not help us at all, because of vvery high medical bills (heart surgery )we tried to file chapter 11 to get out cost lower, we were denied and now will lose everything.
I am thrilled to see that Hillary has been offered the job..or at least I hope that she has. I always liked Bill Richardson also, but I was very disappointed in him when he turned on Hillary. Afterall, he was a good friend of the Clintons and they helped him start his career. He showed a lot of disloyalty, so that tells me something about him...just don't trust him after that. I understand it's politics, but I can't forget that. Hillary would be the perfect choice for Secretary of State and I would love to see Colin Powell in the mix also.
Obama is up for the challenge is very smart and knows how to solve problems. I think he would get 8 years in office.
"keep your friends close, but keep your enemies closer." I doubt they like each other, it's not that easy to get over personal attacks. Politicians are politicians, they have mastered the art of faking it. I hope Hilary accepts the job. It's to her advantage too...
Hillary would be incredible and the International Community is already speaking of the incredible approval of this pick. Go Hillary Go Barack.
If we lose our car companies, we will never regain our auto industry and many in this country will lose jobs. It would just make the situation so much worse IMHO.
Dear Anderson,
The global employment will pick up.
A good way is to link education and employment so that people can be prepared in workforce.
Thank you for keeping me up to date with the news.
Sincerely,
Lisa L
Sydney, Australia
Obama needs our support more than ever with coming into two wars, war on terror, a massive deficit, recession....I hope that people can give him time and patience to work on all of this....It will take years...
here's my thing with clinton, i don't really trust her enough to elect her but she has a shrewd, machinating streak which is exelent for a cabinet member, especially one who deals with foreign leaders!
The more this economic crisis progresses, the more it resembles
the Great Depression. The financial bailout stablized the banks but it did not get lending started again. 70 % of our economy depends on the consumer and there has been nothing done to help the consumer.
We have to wait for the Obama administration to start addressing this economic tsunami.
On one hand, you have to sympathize with the auto workers, they're just trying to put food on the table, whereas you have the Big 3 Automakers that knew gas prices were only going to rise, yet continued to produce SUVs and other gas-guzzlers. But the executives aren't the ones that are going to be laid off regardless if the government decides to bail them out or not...
About the economy and the auto companies – give each citizen a tax credit or rebate equal to the price of an inexpensive yet fuel efficient car from one of the big three – that way the people get something, the economy gets a boost, and the big 3 survive to design non-competitive cars another day. . .
I am a democrat and lean toward the liberal end of the spectrum. However, this bail out is insanity. Where are the controls? Why are banks being allowed to hoard the money and pay bonuses, deferred comp., and buy other banks? This bull about upsetting banks or wall Street by applying restrictions is asinine. Cut the crap, get some accountability built in now, and get the Justice Department in an oversight mode. Federal prison has a chilling effect of those who would defraud us. Once the money is gone, we the tax payers are going to be told, "Ooops, sorry". Hell no!!! Contact your senator and congressman. That is over a trillion dollars of our money. Wake up fellow Americans or we will all end up in another Great Depression.
Didn't the airlines go through this? They survived.
Arizona and Phoenix want the money that is owed to them that the Feds did not reimburse them for all the promises in the imigrations and the border issue....lets get the facts right before your dis a city and a State!
Marybeth, there is also Labor, Transportation, Energy, Education, Veteran Affairs, Housing and Urban Development. There are never any dumb questions, I didn't know either till I looked it up.
If they go bankrupt they would lose money in stocks and pension. I think.
Anderson or Erica....does Ali think we have finally hit bottom??
So many sectors of the economy are in trouble, I think we should look across the board and try to manage the crash uniformly. But, I think the sooner the crash happens, the faster we can get on with the restructure. Government cannot bail out every business sector.
Anderson, I think what we'll see from this economic pow-wow is a lot of fancy food, wine and big fat hotel bills. I'm very pessimistic at this point.
I agree with you...... LorieAnn..... my heart breaking for them who lost their homes.......
I think Hillary and Barack will work well together if only he and her are making deceisions with out Bills input. His input should only be when asked by Barack for advice.
Frankly I am sick of Clintons. We all worked so hard in the primary against the Clinton Machine. Hillary ran a hateful campaign, really trying to destroy Obama, I would much rather see Kerry, Richardson or there are others too he could pick. No Clintons Please ! !
Hillary is a true politician and is exactly whats needed for great diplomacy. The Clinton name stands strong overseas.
I think that when it comes to high profiles positions, people put too much importance on experience and over look ability.