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"Help is On the Way"
The president-elect makes his third appearance this week on the economy in Chicago. Names former Fed chairman Paul Volcker to head a new White House panel designed to create jobs and stabilize financial markets. Obama adviser Austan Goolsbee will serve as staff director and top economist of the Economic Recovery Advisory Board, and serve on the [...]
The Big Five: Wednesday Edition
HALPERIN'S TAKE: The five most important people in American politics right now -- who aren't Barack Obama.
Consumer Spending Tumbles
Spending drops by 1% in October-- the most since 2001. Bloomberg: "The biggest consumer spending slump in three decades is likely to persist as home prices fall and job losses mount...."
Obama to Barbara Walters: Execs Shouldn't Take Bonuses
"I think that if you are already worth tens of millions of dollars, and you are having to lay off workers, the least you can do is say, I'm willing to make some sacrifice as well," the president-elect tells Barbara Walters on her ABC News special. Click above to watch. Airs Wednesday evening at 10 pm ET/PT. [...]
Brown: Obama to Visit UK in April
The British PM says the future president will attend a Group of 20 economic conference in London. Could be Obama's first trip to Europe as commander in chief.
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Swampland
Obama: Staying in Touch
Mike Allen highlights this exchange from Barack Obama's interview with Barbara Walters that will be broadcast tonight: WALTERS: How are you going to get along without your BlackBerry? OBAMA: (Laughs). This is a problem. ... One of the things that I'm going to have to work through is how to break through the isolation and the bubble [...]
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