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News Source: Inter Press Service
| about 1 year ago
Faced with the worst crisis since the Great Depression, President-elect Barack Obama ditched tradition this week, naming his economic team before anointing a secretary of state -- by custom the first and senior-most cabinet appointment. His choices...
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News Source: The Washington Times
| about 1 year ago
Associated Press President-elect Barack Obama Barack Obama has succeeded where Hillary Clinton failed. She hoped to win a third Clinton term, but it is her vanquisher who is reconstituting the Clinton administration. Mr. Obama's just-named nominee...
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News Source: Androscoggin News
| about 1 year ago
Years ago, Henry Kissinger suggested that Summers be given a White House post in which he was charged with shooting down or fixing bad ideas. Summers' loyal proteges -- Timothy Geithner, who beat him out to become the next Treasury secretary; Peter...
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News Source: Uinta County News
| about 1 year ago
We can resist some, but not all, of the temptation to note that President-elect Barack Obama, who ran on vague promises of change and changing politics as usual, has put a lot of Clinton retreads on his economic team...Now that he faces the prospect...
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News Source: Uinta County News
| about 1 year ago
The dangerous bout of Hooverism that surfaced during the late stages of the election--a call for belt-tightening and balanced budgets--seems, thankfully, to have passed. As Barack Obama said on 60 Minutes , a broad consensus of economists--from...
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News Source: Androscoggin News
| about 1 year ago
President-elect Barack Obama unveiled his economic team Monday and said they would begin work immediately on an economic stimulus package. Obama declined to specify how much money the plan would cost the federal government, but he said it needs to be...
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News Source: Lexington Herald-Leader
| about 1 year ago
Citigroup really and truly is too big to fail. It is more than a little unsettling to reflect on how little awareness Treasury Secretary Henry Paulson and his rescue brigade had about Citi's fragility. Weeks ago, they urged Citi to buy bellyflopping...
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News Source: Politico
| about 1 year ago
But even as Summers takes the lead of economic policy thinking for the Obama White House, which has promised to be one of the most open and transparent in history, neither the Obama transition team nor D.E. Shaw would say exactly what Summers had...
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News Source: Baltimore Sun
| about 1 year ago
President-elect Barack Obama is grabbing the mantle of national leadership in unprecedented ways, creating what has emerged as a virtual parallel presidency just three weeks after his election...During one of three nationally televised events on the...
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News Source: The Washington Times
| about 1 year ago
When President-elect Obama had a chance to squash the tax-increase threat once and for all at his news conference Monday, he took a pass and let the question linger for another day. But his new economic Cabinet appointments strongly suggest there...