Monthly Archives: March 2009
Facing increasing questions and doubts from within his own party, President Barack Obama worked Monday to rally Democratic members of Congress with platitudes, saying "we are all in this together" and warning those with doubts that the public stands behind him and his agenda.
For Obama, the attempt to rally Democrats is important as he heads off on his first trip to Europe to face an international community that is not sold on his economic efforts.
Home ownership used to define the American dream. Now that dream has turned into a national nightmare as a nation of homeowners become a displaced populace who must rent.
And renting is an option only for those who have the money for even that.
This was not what millions of Americans had in mind when they moved into their new home. With that dream shattered, many wonder what's next.
A good question with few answers.
In an amazing turnaround, the hot-and-cold administration of Barack Obama is embracing a new concept: Bad corporate giants should be allowed to fail.
But at this point, failure is only an option, not an absolute. While the White House appears to ready to accept the fact that the government cannot save everything, it is giving General Motors yet another chance to save itself and quality for mroe federal tax handouts.
Democrats in Sen. Chris Dodd's home state are pissed over his role in the controversial bonuses paid to fat cats at American International Group (AIG). Democrats elsewhere are pretty damned mad too.
And Democratic leaders wonder if it's time to replace Dodd with someone who might have a chance of holding on to his Senate seat.
They believe Dodd is done. Time to dump the veteran Senator.