Tuesday, March 10, 2009

Daily Updates from The Page on TIME.com

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Bulls Out on Wall Street

Stocks are up sharply Tuesday, after a strong earnings report from Citrigroup. The Dow is up roughly 250 points, or nearly 4%.

Obama: "We've Let Our Grades Slip"

Calls on states to "stop low-balling expectations for our kids" while talking education reform at the U.S. Hispanic Chamber of Commerce Tuesday. Also says he backs merit pay for teachers, something many in his party and his union supporters have fought. "It is time to start rewarding good teachers and stop making excuses for bad [...]

Wanted: Oversight Overhaul

Bernanke tells Council on Foreign Relations Tuesday financial regulation must be strengthened for banks, mutual funds, institutions. "We must have a strategy that regulates the financial system as a whole, in a holistic way, not just its individual components."

Back to Basics

White House releases a fact sheet on Obama's education reform plans ahead of Tuesday's speech Highlights his goals for pre-K learning, charter school accountability, re-investing in teachers and college affordability. Read the document here.

Biden to NATO: Al-Qaeda Still a Threat

The VP solicits ideas from the North Atlantic Council in Brussels Tuesday on how to reverse a losing military strategy in Afghanistan. "The deteriorating situation in the region poses a security threat...not just to the United States, but to every single nation around this table." Read his full remarks here. Plus: NY Times on why the U.S. halted [...]

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Swampland

Obama Lays Out Education Priorities

Hidden deep within the stimulus bill was a big pot of money for the Secretary of Education, Arne Duncan, to change education in America: $4.3 billion for "incentive grants" which will be awarded to states on a competitive basis based on the state's ability to do things Duncan and Obama want; and $650 million, which [...]

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