George Wenschhof Bio
President Barack Obama will sign the 787 billion Stimulus bill today in Denver, Colorado - today is also when Chrysler and GM have to submit restructuring plans to the Treasury, a condition of the 13.4 billion in government loans given to them. The automakers are expected to receive an additional 7 billion in aid. Tomorrow, the president will be in Phoenix, Arizona to announce his new effort to help on the foreclosure front. The NY Times has more here.
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Meanwhile, stocks dropped worldwide - stocks in Europe and Asia dropped. The Euro fell while Gold climbed. The global economic crisis continues so it is important the Obama administration works in a concerted manner with nations around the world. Bloomberg.com has more here.
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Obama close to announcing troop increase in Afghanistan - the president has been weighing advise as to the size and the mission before he announces his decision. however, 3000 new troops just arrived in Afghanistan to bolster a weak area around Kabul. MSNBC.com has more here.
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Will Senator Roland Burris (D-Ill.) resign? - some Democrats are hoping that is what happens as the state of Illinois is preparing to investigate whether the Senator committed perjury when testifying before the impeachment panel of then Governor Rod Blagojevich (D-Ill.). Seems like Blagojevich will continue to haunt the Democrats for a little while longer. Politico.com has more here.
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Both NY Senator Kirsten Gillibrand and Governor David Paterson appear to be weak candidates for reelection - in yet another of the Democratic sagas involving a Governor selecting the replacement for a vacant senate seat. Gillibrand was selected to fill the vacant Hillary Clinton senate seat after an embarrassing series of events surrounding Caroline Kennedy who had expressed interest in the seat. A Quinnipiac poll shows Gillibrand trailing Representative Carolyn McCarthy (D) by 10 points and Governor Paterson trailing state attorney Andrew Cuomo (D) by 32 points. TheHill.com has more here
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Tuesday, February 17, 2009
Democratic Chatter 2-17-2009
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