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February 9th, 2009
09:45 PM ET

Live Blog from the Anchor Desk 2/9/09

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/01/02/liveblogfinal.copy.jpg]

Want to share your thoughts on Pres. Obama's pitch tonight for the stimulus bill? You're in the right location. Just scroll down and post your comments. This is where you can "chat" with Anderson during the program.

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Filed under: Live Blog
soundoff (604 Responses)
  1. Isabel Abreu, Brazil

    @ Steve.

    I agree with your thoughts and I will follow it. Thinking ahead, preoupar with the future and not think more in the past or inheritance (ex president Bush).
    Thanks

    February 9, 2009 at 10:55 pm |
  2. PAUL PROVIDENCE RI

    Banks are help killing the American people. They will not loan money and charge more for their services. If they need money why not offer a CD with 4.5 intrest and have people put money back into it.

    February 9, 2009 at 10:55 pm |
  3. Esma

    The biggest thing that is going to help Afghanistan is EDUCATION. They are the 4th poorest country in the world and have one of the highest illiteracy rates, and unfortunately, they have some crazy people who are not bent on killing just us in the West, but killing their own people. If someone (probably the US, but if England is willing to chip in, we'd be obliged) were to infuse the country with a concrete educational system, that will be the best long-term investment we can make in that country. Sorry, I seem to be suffering from Bidenitis tonight (Bidenitis is a condition in which the sufferer rambles in a snarky, detailed and political fashion for at least an hour and fifteen minutes. Luckily, I only have an acute case).

    February 9, 2009 at 10:55 pm |
  4. Mike, Syracuse NY

    @John, I agree. How do you ever prove that you 'saved' a job? Also, based on what David G. just said, it seems like the recovery will start prior to job creation anyway.

    February 9, 2009 at 10:54 pm |
  5. Megan Dresslar - Shoreline, WA

    Hello David Gergen.....
    I agree with you too, Yes, I am enjoy John King use magic map so cool!!!!! I wish I want magic map in my room!!!

    February 9, 2009 at 10:54 pm |
  6. Penny

    I heard some mention of a standard 4% interest rate on mortgages but I haven’t heard any further discussion of this issue. I believe that it is an important issue and would go a lot further than any $500/$1000.00 tax cut in terms of putting money in the average Americans pocket, and assist in stablizing family wealth, and help others keep their homes by reducing their monthly bills and giving them more money to do other things. Where are we this proposal? Is it in or out.

    February 9, 2009 at 10:54 pm |
  7. Glen Up North

    Sean, you hit the nail on the head. Income tax cuts will only help those who have an income. Sales tax cuts will only help those who already have access to money in order to purchase things. How much money does the American people still have, and for how long will they have it? That's why tax cuts, to me, is a gamble that only seems to pay off those who have less to fear in the face of this economic situation.

    February 9, 2009 at 10:54 pm |
  8. Ashley - Hamlin, NY

    Tracey...you didn't think we care about the news did you? Hah...we just like to stare at all the anchors. (Kidding, of course....mostly.)

    February 9, 2009 at 10:54 pm |
  9. Brandi bottom of the boot

    @Vanessa, TX

    its not really that we are smart, we are just really delirious at this time of night and are lucky that it appears as such. lol

    i just realized that if we make a john king groupie section, does that mean we have to bow at his feet???? lol

    February 9, 2009 at 10:54 pm |
  10. L Carilo, H.R. CO

    Grandmas say the darnest things.

    February 9, 2009 at 10:53 pm |
  11. Brian, Houston TX

    @Bridget,
    Agree. People are suffering which makes the politics all that much more sickening. My guess is that most of this bill won't help your friend directly, or indirectly.

    My point is that this bill should be like a canon aimed at the major areas contributing to the financial crisis, instead of a big mney grab for politicials pet projects.

    February 9, 2009 at 10:53 pm |
  12. Keneshia

    The octuplet mom should be mentally hospitalized. What kind of life did she expect to have as a single mom of 14? The doctors who did the fertility treatments should lose their licenses as well. There should be some legal action against fertility treatments when you already have six kids. It's utterly ridiculous. Did anyone ever condsider the future of those children?

    February 9, 2009 at 10:53 pm |
  13. kazport

    Its official, tomorrow I am cashing in my 401K, (i will take the penalty)
    and my IRA what little I have left. Putting my house on the market while I can still get somethig for it. Buying a gun, while It is still legal.
    And going to church every Sunday. We are in alot of trouble and Obama is steering us off a cliff.

    February 9, 2009 at 10:53 pm |
  14. Chris Sosa - Boston, MA

    @Vanessa H. – If he doesn't, we've got a problem. Haha.

    February 9, 2009 at 10:53 pm |
  15. EJ (USA)

    I think a reality show with the octuplet mom, grandma, and grandpa would be great TV.

    February 9, 2009 at 10:53 pm |
  16. matt

    jack
    the more money we print the less it is worth.if we take it from china what do they wont in return . now is the time to ask where the money will come from

    February 9, 2009 at 10:53 pm |
  17. Mary H. St. Louis, MO

    John is absolutely right. You are seeing that here is St. Louis. Neighborhood businesses are starting to feel the pain and go under. I can't remember in my life time where major retail establishments were closing all their stores (Circuit City, LInens and Things, etc)... Sometimes one might go under every once in awhile but several at one time, scary...

    And when you are seeing hundreds of people apply for only a few jobs... something hopefully can be done to turn this around or even slow this down.

    February 9, 2009 at 10:53 pm |
  18. Joe Yana

    I thought he did great. What a refreshing change. A president with a brain! He gave answers that were both narrative and complete.

    Your Republican analysts just don’t get it. He can’t give all of the details (ie. how 4 million jobs will be saved or created, etc) of the stimulus plan within the confines of a one hour press conference. As he pointed out, the failed policies of supply side economics must end. The economy is simply worn out and devastated by the series of burst bubbles created by supply side economics which culminated with the Gram, Leach, Bliley nightmare which directly caused the almost fatal final bubble. We have no choice at this time than to return to Keynesian economics to save this country

    February 9, 2009 at 10:53 pm |
  19. Ken

    Really what we are yet again talking about with different words is the infinite battle between the haves and have nots.

    Obama and the democrats fighting for the have nots and the Republicans fighting for the haves.

    Obama wants to give money to job creation, most of these blue collar jobs, obviously affecting the middle and lower class.

    Republicans want tax cuts. This affecting the wealthy.

    What is most amazing to me is that there is this swath of America that is poor and uneducated that votes Republican, with some false belief that because the Republican face looks similiar (white) that they are somehow they are fighting for them. And because the Democrats are mixed in race that they are not.

    Ignorance… Sad

    February 9, 2009 at 10:53 pm |
  20. John

    It's a stimulus plan that is marginally better than nothing. Very little stimulates job growth right now, rather it achieves well meaning Democratic agendas. What about people losing or who have lost their jobs? What about distressed homeowners with upside down mortgages or people out of their ARM's with loans reset to ridiculously high interest rates?

    February 9, 2009 at 10:53 pm |
  21. Miranda

    Anderson-

    Anderson you touched on a real excellent question and did not follow through on it...

    So panel- what then do you believe are the thing(s) President Obama would disagree with that are in the potential stimulus package?

    Thanks as always,

    Miranda

    February 9, 2009 at 10:53 pm |
  22. Linda Wallace

    President Obama was certainly right when he said he had inherited the deficit from the previous administration. George Bush had his head so far in the sand that he let all of this mess happen and tried to act surprised when everything started falling apart. Give Obama a break! He did inherit this mess and he has only been in office 3 weeks and what does everyone expect he's trying his best to get the rest of the republicans who have had their heads in the sand to come out and see the obvious, if this stimulus is not passed and things don't change we'll all be eating bread and water.
    President Obama is only trying everything he can to head off this disaster and a disaster is will be or as far as that goes, it is already a disasteer.

    WAKE UP YOU STUBBORN REPUBLICANS AND LET YOUR DELETED LEADER FADE INTO THE SUNSET!!

    February 9, 2009 at 10:52 pm |
  23. Bridget, TX

    Anderson,
    Will Geithner press conference tomorrow be held at night or in the morning? I need to set my tivo if it is going to air early.

    February 9, 2009 at 10:52 pm |
  24. Ken

    I also find fault with the Republican argument that this stimulus package is somehow not stimulating enough.

    Why because some of the money will be spent on projects that will take years to accomplish? Because some will not even start till next year?

    These are simplistic arguments meant to confuse the public (yet again). How can you spend 1 trillion instantly? Unfortunately it is such an astronomical number people don’t understand that no one, no stimulus, no way to spend that kind of money in a year.

    So the Republicans propose tax cuts instead? Tax cuts that inevitably will help the wealthy the most since statistically the wealthy have the most money, they would get the greatest relief? Money is numbers after all. The only universe in which 2+2 does in fact equal 4. Meaning when you take give somebody a % tax cut obviously the person with the most money made gains the most. Haven’t we tried trickle down economics for 20 years? It doesn’t work. We have slowly eroded the greatest economic engine this country has ever had. The middle class.

    February 9, 2009 at 10:52 pm |
  25. Sidney Dallas,TX

    Where you at Anderson? Wow you threw in A-Rod?

    February 9, 2009 at 10:52 pm |
  26. Maria

    Happy evening Anderson, CNN crew and bloggers,

    I think the answer of Helen Thomas question about the nuclear weapon was not clear, and president Obama looks he does not want to talk about the none-proliferating nuclear program in the Middle East. President Bush signed agreement on Civil nuclear cooperation with United Arab Emirates (UAE), probably 2 weeks before he left the office. The funny thing is that UAE is rich in gas, oil and solar and UAE population is 5 millions (UAE citizens is less than a million) and from environmental stand of view this is totally wrong.

    February 9, 2009 at 10:52 pm |
  27. Ken

    The hypocrisy of the Republicans amazes me. How can we spend 3 trillion on a fictitious war and not 1 trillion on our middle class and poor?

    It reflects the effective propaganda (again) of the Republican machine and the lack of knowledge/research on the part of the general populace. It amazes me that the Republicans think the media is left wing. After all who’s picking/potraying the news to show?

    No one has even mentioned that we have 3 trillion dollars and counting going to a war that was started by 1) propaganda (still no WMD, much less a nuclear device), 2) pursued for greed (we all know we were hoping to get a cheap controllable source of oil) and still killing innocent victims (the children of the poor and iraqi citizens just trying to make a living.

    Education not spirituality is the greatest void this nation has.

    February 9, 2009 at 10:52 pm |
  28. Scott-Pasadena TX

    This "stimulus" package is not the answer. Get back to the basics. Tell American enough is enough. Stop waiting on a hand out and get back to work. In Hawaii, they tried universal healthcare for children. Families that had health insurance dropped it to get it "free" from the government. The plan to support those that could not afford it was broke in less than a year. Focus on a tax cut for middle and lower classes to help themselves and America will right itself.

    February 9, 2009 at 10:52 pm |
  29. claire-wichita, ks

    I like his directness. It is nice to have a Pres. that is honest with the people.

    February 9, 2009 at 10:52 pm |
  30. Julia

    Jobs are going to take a LONG time to come back and Republicans are just interested in playing party politics. It seems that conservatives are just blocking anything that can be construed as 'spending', dubbing it 'wasteful spending'. My question is, how can taxes be cut if nobody has a job? Creating and saving jobs is going to take years – the process must begin now! There will be so many opportunities if there is investment in new infrastructure – not just for those people building bridges and roads and renovating schools, but for the larger community.

    February 9, 2009 at 10:51 pm |
  31. Vanessa Hale-WV

    Do you think the President feels as overwhelmed as I do?

    February 9, 2009 at 10:51 pm |
  32. Mike, Syracuse NY

    So why can Obama have a timetable for Iraq, but not Afghanistan? Rhetorical question, as the correct answer for both is that it depends on progress on the ground. Just wondering why Obama seems to see that for one and not the other.

    February 9, 2009 at 10:51 pm |
  33. Chris

    You are 100% correct, Rob!

    February 9, 2009 at 10:51 pm |
  34. Joe Jarrett

    A timetable for Afghanistan? Is this a real question to give the President now? Ask the Russians what their timetable looked like at any point in the decade + they were there trying to win a remote conflict.

    February 9, 2009 at 10:51 pm |
  35. SH

    I was against Obama at the primaries but I have been watching him since he took office and I like him more every day. The Republicans color is Red if I am not mistaking and it seems that their face is also red at this point because their approval rate is nearly 0 and Obama's is well over 70% and to add more gasoline to the fire he does not need a war or a terrorist to get there. The republicans will fight him with everything they got because they are worried that there is no more future or hope for them to regain office unless they make Obama fail on his plans. Maybe this country needs to do away with that party once and for all. Let the independents get their place instead.

    February 9, 2009 at 10:51 pm |
  36. Jeff

    All I hear day to day is how much we should spend. I'm not worried about how much we spend, I'm more interested in how efficient the dollars used are going to be. This ties directly to the wages/compensation of private and government employees. I work with city/state agencies in construction and you wouldn't believe how long and inefficient some agencies are, taking weeks or months to get anything reviewed of approved. If a private business was operated like certain government agencies, they would be out of business and bankrupt within months. And people wonder why so many states are fighting budget cuts.

    February 9, 2009 at 10:51 pm |
  37. Joel from Kingston MA

    Force the banks to re-write notes to help out the people who do have jobs and for the millions that lost jobs so that they are affordable so people can start to save themselves and this country that we the people are bailing out right now with tax money before we the people don't have jobs to pay taxes and then we are in a real mess.

    February 9, 2009 at 10:51 pm |
  38. jarrod

    aren't we creating another recession and if children and grandchildrenare going to pay this what that say about our retirment years

    February 9, 2009 at 10:51 pm |
  39. Steve Beadle

    What happened to the made in America clause. The root cause, in my opinion, of the economic crisis is that everything we are buying is made in a foreign country.

    February 9, 2009 at 10:50 pm |
  40. Ashley - Hamlin, NY

    Esme – Care Bear names work. Maybe the 12 dwarfs? Although 4 would get left out...

    Thanks for the good wishes Rikki. I've had good teachers on CNN!

    February 9, 2009 at 10:50 pm |
  41. Michelle

    I think what John King just said speaks volumes.
    There is the real world and the Washington world.
    People are hurting.

    February 9, 2009 at 10:50 pm |
  42. Jasmine-Spokane,WA

    Actually talking about Afganastahn! Finally! that place doesn't get any attention. It's pathetic to even have a title known as the "forgotton" war. Props to Ed Henry for reminding us all that there is another war.

    February 9, 2009 at 10:50 pm |
  43. Abayomi, Florida

    Once again just to thank the Resonable truths from the CNN Team, with John, Allie, and teh Rest.

    No one is spending money...no one is at the Mall...young single Professional Mothers loosing Job. Let's put away the being a sore looser and listen to the CRY of the Real Americans that voted them in office.

    February 9, 2009 at 10:50 pm |
  44. CaseyJ - Palm Springs, CA

    @Glen......Consumer goods would see a benefit first, granted. But there's this concept called flow through. Besides, all of us (as a group) patronize all of the far corners of the economy.

    Does the Canadian banking system work exactly the same way the U.S. system does?

    February 9, 2009 at 10:50 pm |
  45. BettyAnn, Nacogdoches,TX

    I believe that Republicans are a fading breed. They are all about themselves.

    February 9, 2009 at 10:50 pm |
  46. Megan Dresslar - Shoreline, WA

    tom theobold
    Welcome to Live Blog tonight!!!! enjoy join blogging tonight!!!!

    February 9, 2009 at 10:50 pm |
  47. Isabel Abreu, Brazil

    Im participating a little more than a month and am trying to understand a little more of their country. If at any time I mistake, forgive me!

    For me, today the liveblog is really great!

    February 9, 2009 at 10:50 pm |
  48. Jacqueline, NY

    @Fred – Washington PA Does anyone notice (or care) that Obama NEVER looks at the camera? I know the teleprompters are on the sides, but I’m curious why he never makes eye contact with the TV audience.

    It's customer service Fred. Rule # 1: Customer before you has first dibs, then the caller on the phone. Besides, the televised viewers are merely invited to view and listen, but we're are participants, unless otherwise stated. At least, that's the way I see it. It's not as if the president is an actor or something looking for his light and camera. It's take a lot of work and coordination to concentrate on angels and such. 🙂

    February 9, 2009 at 10:50 pm |
  49. Sarah Helmerich

    I live in Ft Myers Floirda where the President is to speak tomorrow and we have one of the nations highest foreclosure rates ie Ft Myers, Cape Coral, Lehigh Acres being Lee County Florida. With the 800 billion dollar stimulus package it seems that the House would have done more for the housing crisis. Instead of school buildings, Federal building's engery insulation that the House could have put in the 4% mortgage rate. I am glad the President kept Shelia Bair of the FDIC maybe he will listen to her.
    Sarah ( Ft Myers FL )

    February 9, 2009 at 10:50 pm |
  50. John

    It's a stimulus plan that is marginally better than nothing. Very little stimulates job growth right now, rather it achieves well meaning Democratic agendas. What about people losing or who have lost their jobs? What about distressed homeowners with upside down mortgages or people out of their ARM's with loans reset to ridiculously high interest rates? This plan helps nobody.

    Create or save 4 million jobs? Essentially that's a 4 million job swing. The description is purposefully vague.

    February 9, 2009 at 10:49 pm |
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