Democratic Chatter 3-9-2009

George Wenschhof Bio

This morning, President Barack Obama will sign an executive order reversing the ban on federal funding for embryonic stem cell research - the ban had been put in place by the previous George W. Bush administration. You can read more here.

----------------------

Warren Buffet's latest comments and a volatile worldwide market may lead to losses on the Dow today - Stocks in Europe and Asia both fell as the week started. The NY Times has more here. Meanwhile, Buffet said this morning on CNBC that the economy "has fallen off a cliff". CNBC.com has more here. Expect both Buffet's comment and the losses in Asia and Europe to have a negative impact on the Dow Jones today.

--------------------

President Obama returns from Camp David early to attend Tribute to Senator Ted Kennedy - the Tribute was held at the Kennedy Center in Washington D.C.. Senator Kennedy received the John F. Kennedy "Profile in Courage" annual award while celebrating his 77th birthday. Many stars and politicians were in attendance including James Taylor, Bill Cosby, Lauren BaCall. CNN.com has more here.

--------------------

Senate expected to approve 410 billion omnibus bill tomorrow - much political bluster has resulted from this bill which Congress was unable to approve last Thursday. A stop gap government agency funding measure was approved for five days as elected officials from both sides of the aisle pointed fingers. The ballyhoo is over earmarks and there are plenty of them that were tacked on by both Republican and Democratic representatives. TheHill.com has more here.

--------------------

Vice President Joe Biden is off to Brussels today - he will be meeting with NATO allies to discuss Afghanistan and Pakistan. Secretary of State Hillary Clinton was there last week as the Obama administration develops their plan for U.S. involvement in Afghanistan. You can read more here.

--------------------

To receive "Daily Email Updates" from Air-it-Out with George Wenschhof, click on "Subscribe to this feed" below.