Archive for November 23rd, 2008

  • Obama plans second stimulus package of up to 700 bln dlrs: report (AFP)

    The New York Stock Exchange on November 5. US President-elect Barack Obama and his Democratic allies in Congress are preparing plans for a second massive economic stimulus programme that could total up to US$700 billion over the next two years.(AFP/File/Don Emmert)AFP – US President-elect Barack Obama and his Democratic allies in Congress are preparing plans for a second massive economic stimulus program that could total as much as 700 billion dollars over the next two years, The Washington Post reported Monday.

  • Obama to introduce economic team (AFP)

    US president-elect Barack Obama was set to unveil his economic team amid the global financial crisis, his transition office said Sunday as a top advisor confirmed Timothy Geithner, pictured in 2006, had been tapped for Treasury.(AFP/File/Mike Clarke)AFP – US President-elect Barack Obama was poised Monday to unveil his White House economic team, which faces the monumental task of reversing one of the most serious crises faced the US economy in recent decades.

  • Official: Richardson to be commerce secretary (AP)

    In this Aug. 28, 2008 file photo, New Mexico Gov. Bill Richardson waves after addressing the Democratic National Convention in Denver.  President-elect Barack Obama has chosen Richardson to be Secretary of Commerce, adding a prominent Hispanic and one-time Democratic rival to his expanding Cabinet. Obama planned to announce the nomination after Thanksgiving, according to a Democratic official familiar with the discussions.   (AP Photo/Chris Carlson, File)AP – President-elect Barack Obama has chosen New Mexico Gov. Bill Richardson to be commerce secretary, adding a prominent Hispanic and one-time Democratic rival to his expanding Cabinet.

  • Statement by Press Secretary Dana Perino

  • President Bush Meets with Secretary of the Treasury Henry Paulson – November 24, 2008

    President Bush on Monday said, “The Secretary and I share the concerns of our citizens, concerns about jobs, concerns about their savings accounts. This is a tough situation for America. But we’ll recover from it. And the first step to recovery is to safeguard our financial system.”

  • President Bush Meets with Prime Minister Olmert of Israel – November 24, 2008

    President Bush on Monday said, “We’ve been through a lot together during our time in office. We strongly believe that Israel will benefit by having a Palestinian state, a democracy on her border that works for peace. And, Prime Minister, that vision is alive because of you. And I thank you for your steadfast support for peace.”

  • Press Briefing by Dana Perino – 11/24/2008

    MR. FRATTO: Good morning, everyone. And those of you who were traveling to South America, welcome back.

  • Statement on Additional Federal Disaster Assistance for Louisiana

    The President today made additional disaster assistance available to the State of Louisiana affected by Hurricane Gustav during the period of September 1-11, 2008, by authorizing an increase in the level of Federal funding for Public Assistance projects.

  • President Bush Meets with Prime Minister Olmert of Israel

    President Bush on Monday said, “We’ve been through a lot together during our time in office. We strongly believe that Israel will benefit by having a Palestinian state, a democracy on her border that works for peace. And, Prime Minister, that vision is alive because of you. And I thank you for your steadfast support for peace.”

  • President Bush Meets with Secretary of the Treasury Henry Paulson

    President Bush on Monday said, “The Secretary and I share the concerns of our citizens, concerns about jobs, concerns about their savings accounts. This is a tough situation for America. But we’ll recover from it. And the first step to recovery is to safeguard our financial system.”