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Obama address on economy set

Posted by Foon Rhee, deputy national political editor January 7, 2009 04:52 PM

President-elect Barack Obama's office just announced the details of his major speech Thursday on the economy.

It will be at 11 a.m. George Mason University in Fairfax, Va., just outside Washington, D.C.

"He will make the case for urgent action on an American Recovery and Reinvestment Plan that will save or create over 3 million jobs while investing in priorities like health care, energy, and education that will jumpstart economic growth," his office said. "This plan will represent not just new policy, but a new approach to meeting our challenges that focuses on responsibility, accountability, and transparency so that we can rebuild confidence and trust in our economy and our markets."

Obama is taking his appeal directly to the public after lobbying on Capitol Hill on Monday for his stimulus plan, expected to reach $775 billion over two years.

On the eve of the speech, Obama says in an interview airing tonight on CNBC that he is being careful about being too dire in his economic pronouncements.

"Right now, given the sensitivities of the market, I've got to pay some attention to market psychology, because part of what we have right now is such a loss of trust in both the marketplace and in government that restoring that confidence, restoring that trust is going to be very important," he said, in excerpts released by CNBC.

He also said he rarely reads good press about himself, but reads bad press. "I think it's important not to live in the bubble, so you've got to be open to outside information, particularly criticism," he said.

"And overall, though, one thing I'm pretty clear about is that as president I've got to be looking out at the horizon," he added. "I can't be looking at today's headlines, because if I do then I'm probably not going to make decisions based on what's best for the country. I'm going to be spending a lot of time worrying about day-to-day politics, and that's something that I've been trying to block out."

UPDATE: Obama also plans a press conference Thursday afternoon with Virginia Governor Tim Kaine, a key early supporter who is expected to be announced as the new chairman of the Democratic National Committee, succeeding former Governor Howard Dean of Vermont.


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Until Obama proves he's a natural born citizen, I will not recognize him as "president." And I will not regard anything he does as legal. Why? Because there is no evidence that he is constitutionally qualified to be president, and it is his responsibility to prove that he is a natural born citizen. It is not my job to prove he isn't. The Constitution lays out requirements that must be met by him, and he has not met them. Thus, I am not obligated to obey any laws he signs or recognize him as a legitimate president. Obama is illegitimate as far as I am concerned. And I am far from alone. Our numbers are growing every day.

And we know that you Obamanoids understand that Obama's hiding of his original birth certificate is highly suspicious. We do pray that one day you will be brave enough to raise your voices too.

tanar

Posted by tanarg January 8, 09 01:14 AM
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I' d sugggest two factors for the stimulus project delay; FIRST, the current RECESSION fuel price hinders the progressive investments for Energy Independency / Job Creation. SECONDLY, this progressive investments impede long-lasting earmarks, I guess. But without the job creations and world-wide coordinated efforts, the whole economy can not be activated, I suppose. Now might be the time to recue mainstreet, after the wall street sandbagging,I guess. After the third wave of IT REVOLUTION followed by the immense infrastructure and investments, the fourth wave of ET REVOLUTION awaits a BOLD ACTION for CHANGE, I think. The new govt is on the basis of THE POLICY OF ENERGY INDEPENDENCY adopted by a Democratic Procedure. Americans have chosen CHANGE, and NOTHING ADVENTURED, NOTHING GAINED ! Energy Independency is the unavoidable task ULTIMATELY, and it can also bring down the fuel costs in the long run as a by-product, which might be enormous enough to cover the upgrade investments. All the brilliant brains get together in the U.S. for the better life and future. Lastly, without jobs, the economic activity can't be activated, and the working class is broke due to the imported fuel costs, therefore the stimulus project by the govt may be in dire need. THANK YOU FOR YOUR CONSIDERATION !

Posted by hsr0601 January 8, 09 09:12 AM
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