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Tuesday, August 16, 2011

Daily Political Wire

George Wenschhof

Obama Continues Midwest Bus Tour - Sits with CNN Wolf Blitzer -
yesterday in a Minnesota town tall meeting, the President went after Republicans in Congress for being obstructionists and said if they continue their destructive ways, they will be defeated in next year's election. TheHill.com has more here.

Today, in Peosta, Iowa, president Obama will outline some job creation measures he wants Congress to pass.

Also today, President Obama will sit down for an interview with Wolf Blitzer of CNN.

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Only 13% Approve of Congress -
a newly released Gallup poll supports what president Obama said yesterday during his Midwest bus tour. Many of the newly elected members of Congress, could find themselves out after just one term in office. Gallup.com has more here.

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Keep an Eye on Merkel-Sarkozy Meeting Today -
French President Nicolas Sarkozy and German Chancellor Angela Merkel will be holding discussions today on how to handle the Euro-zone financial crisis. Reuters.com has more here.

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Perry Attacks Bernanke Policies -
it did not take long for Republican Texas Governor rick Perry to stir the pot. One day after announcing his candidacy for president, Perry said the Federal Reserve chair's economic policies of printing more money is "almost treasonous". TPM.com has more here.

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Discussions Underway to Restructure Fannie Mae and Freddie Mac -
the troubled mortgage companies created by congress to support the housing market. The Washington Post has a good read on what may be in store here.

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