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11-09-2008, 03:52 PM #1
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Obama reassures big business on economic policy
Obama reassures big business on economic policy
By Patrick Martin
8 November 2008
In his first public appearance as president-elect, Barack Obama held a press conference in Chicago Friday afternoon after meeting for several hours with a selected group of economic advisers, comprised entirely of bankers, corporate executives and current and former government officials.
Members of Obama’s Transitional Economic Advisory Board and other economic advisers, including former Federal Reserve Chairman Paul Volcker and Clinton-era treasury secretary and current Citigroup executive Robert Rubin, were lined up behind Obama as he answered questions from reporters.
In his opening statement to the press conference, Obama underscored the gravity of the economic crisis, citing the report earlier in the day that a net 240,000 US jobs were lost in October. “In total, we’ve lost nearly 1.2 million jobs this year, and more than 10 million Americans are now unemployed,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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11-09-2008, 04:24 PM #2
What a joke!!!!!!!!!!!!!!!!!!! So much for change. And what is he doing with Tony the Villian. He has run LA into the ground financially and he is asked to help figure this mess out?
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11-09-2008, 05:52 PM #3
Obama is simply a figurehead....he has absolutely NO idea of what's going on or what to do about it. The powers that be will simply tell him what to do. That's one reason they wanted this "know nothing" man elected. He is a blank canvas on which they can project whatever they want!
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