Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Fark.com. It can be a fun place sometimes.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » The DU Lounge Donate to DU
 
FVZA_Colonel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 12:31 PM
Original message
Fark.com. It can be a fun place sometimes.
I know I'm probably taking this nut too seriously, but someone posted this article in the Business section: http://news.yahoo.com/s/nm/20080919/ts_nm/usa_politics_obama_financial_dc

Obama supports U.S. economic recovery efforts

WASHINGTON (Reuters) - Democratic presidential nominee Barack Obama said on Friday he supported efforts by the U.S. Treasury and Federal Reserve to shore up confidence in the financial markets and said he would hold off from presenting his own economic recovery plan.

"The events of the last few days have made it clear that we must take further bold and decisive action to shore up confidence in our financial markets and avoid a deepening economic crisis that could jeopardize the life savings and well-being of millions of Americans," Obama said in a statement.

Obama said he supported efforts by Treasury Secretary Henry Paulson and federal Reserve Chairman Ben Bernanke to work with the Congressional leadership to find a solution to the deepening crisis.
.....................................................................................................

"Given the gravity of this situation, and based on conversations I have had with both Secretary Paulson and Chairman Bernanke, I have asked my economic team to refrain from presenting a more detailed blue-print of how an immediate plan might be structured until the Treasury and the Federal Reserve have had an opportunity to present their proposal."

Obama said it was critical that the markets and public have confidence in the Fed and Treasury's efforts and that their work be "unimpeded by partisan wrangling."
.....................................................................................................

The subbie's title because of this? "Obama: I have a detailed plan to fix the current financial mess. Press: What is it? Obama: I ain't tellin'"

So wanting to wait and take in the advice of experts before adjusting your already detailed plan is a bad thing? I love some of the people who submit over there.
Printer Friendly | Permalink |  | Top

Home » Discuss » The DU Lounge Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC