President-Elect Obama Lays Out Key Parts Of Economic Recovery Plan

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NigelJ commented on this video
Democrats have gained the White House, and in a rare turn, a majority in Congress to go with it. That doesn’t necessarily mean that everything is going to go smoothly, however. There has been a lot of dispute between Democrats and Republicans over mortgage crisis relief funding to keep certain homeowners out of foreclosure. The idea is that homeowners that are responsible people but are facing foreclosure due to job loss or payments that were raised to Olympic heights by troubled mortgage companies would get help. Hopefully, the measures concerning mortgage relief will be helped along by both Republicans and Democrats to aid those in need.
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jcbmack commented on this video
Obama has been elected just in time before this nation hits its tipping point.
Dec
2008
more about "President-Elect Obama Lays Out Key Pa...", posted with vodpod
Dec
2008
FDR's New Deal made the depression longer and worse.  Guess what?  Obama thinks FDR made the economy better.  Pay off your bills folks because things are about to get a LOT worse thanks to Obama's New Old Deal. more about "Obama’s New Old Deal", posted with vodpod
tokyoeros commented on this video
can i eat som watermelon with you obama san
Dec
2008
veerite added this video and said
FDR's New Deal made the depression longer and worse. Guess what? Obama thinks FDR made the economy better. Pay off your bills folks because things are about to get a LOT worse thanks to Obama's New Old Deal.
Someone might want to whisper in Barack Obama’s good ear that he won the election. The campaign is over. He is the president-elect. Isn’t that why he’s announcing new advisors from the old Clinton crew every other day? And calling all the nation’s governors to Philadelphia for a 57-minute meeting that was shorter than his [...]
thagoor commented on this video
gfgf
In Obama's weekly radio address he announced a massive job-creation initiative which included building infrastructure, improving schools, modernizing hospitals, and upgrading energy efficiency across the board."Obama said the massive government spending program he proposes to lift the country out of economic recession will include a renewed effort to make public buildings energy-efficient, rebuild the nation's highways, renovate aging schools and install computers in classrooms, extend high-speed Internet to underserved areas and modernize hospitals by giving them access to electronic medical records. 'We need to act with the urgency this moment demands to save or create at least 2 1/2 million jobs so that the nearly 2 million Americans who've lost them know that they have a future,' Obama said in his weekly address, broadcast on the radio and the Internet."Watch it, AFTER THE JUMP...(transcript)Good morning.Yesterday, we received another painful reminder of the serious economic challenge our country is facing when we learned that 533,000 jobs were lost in November alone, the single worst month of job loss in over three decades. That puts the total number of jobs lost in this recession at nearly 2 million.But this isn’t about numbers. It’s about each of the families those numbers represent. It’s about the rising unease and frustration that so many of you are feeling during this holiday season. Will you be able to put your kids through college? Will you be able to afford health care? Will you be able to retire with dignity and security? Will your job or your husband’s job or your daughter’s or son's job be the next one cut?These are the questions that keep so many Americans awake at night. But it is not the first time these questions have been asked. We have faced difficult times before, times when our economic destiny seemed to be slipping out of our hands. And at each moment, we have risen to meet the challenge, as one people united by a sense of common purpose. And I know that Americans...
You, no doubt, have been in a traffic accident at one point or another in your life. You can recalled with pretty vivid imagery the scream of tires, the on-rushing approach of the other automobile’s bumper, and that nauseous feeling which accompanied your intuitively grasped realization that mathematics of your momentum could not fit inside [...]
Dec
2008

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First collected by ProgressOhio
Dec 6, 2008
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Yesterday we learned that our economy has lost 2 million jobs since the recession began 11 months ago. That's why, in today's weekly address, President-elect Barack Obama explains the key parts of his Economic Recovery Plan -- which will save or create 2.5 million jobs in the next two years. Watch Your Weekly Address now -- then send us your questions or ideas about how to fix the economy:Watch It:
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