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MSNBC: Obama to Bush: Action is needed on stimulus package NOW, not after inauguration

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 08:06 PM
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MSNBC: Obama to Bush: Action is needed on stimulus package NOW, not after inauguration
From NBC's Andrea Mitchell



http://firstread.msnbc.msn.com/archive/2008/11/10/1667655.aspx

A source familiar with today's White House meeting tells NBC News that President-elect Obama focused on three economic issues during his conversations with President Bush this afternoon. The top topics: a stimulus package in the lame duck session, aid to the auto industry, and help for homeowners with adjustible-rate mortgages in order to prevent more foreclosures.

According to the source, Obama told Bush that action is needed on a stimulus package now - in a lame duck session - and cannot wait until after the inauguration.

Obama also urged help for automakers and encouraged the acceleration of the disbursement of $25 billion dollars for the industry.

On his third focus - housing - Obama voiced his concern that homeowners whose mortgage rates are about to go up will need aid to prevent more Americans from defaulting on home loans.

The source would not that Michelle Obama had private visits to one or more Washington DC schools today, saying "we want to keep that completely private."
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 08:18 PM
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1. That would get in the way of their evil plan.
Nope. Not gonna happen. Thousand points of light.
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