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Monday, March 2, 2009

Democratic Chatter 3-2-2009

George Wenschhof Bio

President Barack Obama to nominate Kathleen Sebelius to be HHS Secretary today - as we reported several days ago, this afternoon the President makes it official for the Kansas Governor. As Health and Human Services Secretary she will be responsible for moving Obama's health care legislation forward. She is the second pick for this position by the president. Tom Daschle had been chosen due to his experience on capitol hill but withdrew when some embarrassing tax issues came to light during the confirmation process. Time.com has more here.

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American International Group, Inc. (AIG) to receive another 30 billion in bailout funds - their fourth quarter reported loss was 61.7 billion. AIG insures 100,000 companies, municipalities and retirement plan which affect 100 million Americans. Bloomberg.com has more here.

With this additional bad news, the Dow Jones dropped below 7000 in early trading today.

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British Prime Minister Gordon Brown to meet with President Obama tomorrow to discuss the global economic crisis - Brown will be calling for a "global new deal" to rescue the world from depression. These talks come before the G-20 economic summit scheduled in London April 2. Brown will also address a joint session of congress on Wednesday. TheHill.com has more here.

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Limbaugh says he wants Obama to fail - this came as he spoke to the Conservative Political Action Conference. So much for the Republican mantra of "putting country first". White House Chief of Staff was quick to pounce on these remarks saying conservative talk show host Rush Limbaugh was the face of the Republican party. Eric Cantor (R-Va.), the House Minority Whip, said he disagreed with Limbaugh's comments. CNN.com has more here.

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Tomorrow, the Democratic primary will be held to select the Democrat to replace Rahm Emanuel's old seat in the House - There are 12 Democrats running and three are considered the front-runners. They are state representatives Sara Feigenholtz and John Fritchey and Cook County commissioner Mike Quigley. Voter turnout is expected to be low. The special election will be held April 7. Politico.com has more here.

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