John Harwood of The New York Times and CNBC sits down with President-elect Barack Obama,
January 08, 2009.
Running time: 28:32
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
read more »
Tweet
Facebook
Reddit
Digg this!
January 10th, 2009 at 11:35 pm
Well guys, I am becoming umimpressed with this fellow, and he still isn’t in office. I very much hope I am very wrong…I am beginning to feel the Big Hat, No Cattle syndrome coming on….
January 11th, 2009 at 9:17 pm
He says many good things, especially about “listening”. Early on, he mentions it twice. Later on, he talks about listening to bad press more than good press. Reminds me of what I read in “Good to Great” about leaders who helped build/maintain enduring, successful companies.
Doesn’t mean I’m going to become a leveraged long for 2009. But, I’m happy to see/hear (a) how much he’s learned so far about our problems and (b) some of what he plans to do to help.