Obama’s weekly address: 2/14
Without delay, here it is.
Obama gave it to us straight in tonight’s news conference – the longer we have to wait for the planned stimulus package, the worse the economy will be. In his first White House news conference, he looked poised, yet firm in his stance on the economy. If you missed it, we’ve got you covered:
In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration’s plan to revive a badly ailing economy. The vote was 244-188, with Republicans unanimous in opposition despite Obama’s frequent pleas for [...]
From the Washington Post:
President Obama plans to instruct key federal agencies today to reexamine two policies that could force automakers to produce more fuel-efficient cars that yield fewer greenhouse gas emissions, according to sources who have been briefed on the announcement.
The move, which the White House has privately trumpeted to supporters as “the first environment [...]
Zimbabwe’s central bank will introduce a $100 trillion Zimbabwean banknote, worth about US $33 on the black market, to try to ease desperate cash shortages, state-run media said on Friday.
The NAACP says it will honor environmental activists Al Gore and Wangari Muta Maathai at its 40th Image Awards.
The Feb. 12 ceremony will kick off a yearlong centennial celebration for the National Association for the Advancement of Colored People.
Gore and Maathai, both Nobel Peace Prize laureates, were chosen by NAACP Board Chairman Julian Bond to [...]
Blacks and hispanics are bearing the brunt of New York City’s tightening mortgage market, a new report shows.
The number of new mortgages fell 14% in 2007, according to numbers released by the Furman Center for Real Estate & Urban Policy.
Mortgages for white homebuyers barely fell – and Asians actually saw a 6% increase – but [...]
Barack Obama and Joe Biden will cut taxes for 95% of working families, and provide at least three times as much tax relief for middle class families as John McCain and Sarah Palin.
Use the link below to calculate your savings:
http://taxcut.barackobama.com/
In the midst of historic volatility on Wall Street there is a continuing trend of blacks saving and investing less than whites, according to a survey released Wednesday. The difference is attributed to various social and cultural reasons such as getting less exposure to personal finance concepts and advice.
The poll by Ariel Investments LLC and [...]
In round two of voting for Bush’s bailout package, the Bill passed by 263 votes to 171.
This news sent the Dow Jones on an almost immediate streak, gaining over almost 2% just after the event.