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Obama Makes A Show - his activities since Nov. 5th, 08 part 2
Obama Makes A Show - Part 2
Monday, November 24, 2008 02:39pm EST / Posted by Dave Rochelson
Praise pours in for Obama economic team
Words like "brilliant," "sharp," "energetic," and "visionary" are coming from across the political spectrum in praise for President-elect Barack Obama's choices to lead his economic team.
"These are the kind of people you want with their hand on the till in a storm," said Sen. Kent Conrad (D-ND), chairman of the Senate Banking Committee. "And we're in a Category 4."
"The right man for Treasury," the New York Post called Treasury Secretary-designate Timothy Geithner in a staff editorial.
"Geithner is widely respected as both sharp and energetic," the Post wrote. "Years ago, he warned of the lack of oversight of new security instruments, including some that wound up playing a role in stirring today's financial maelstrom....You couldn't ask for a better background for the job than his."
Praise has also been strong for Larry Summers, Director-designate of the National Economic Council.
"He is as visionary and insightful a thinker on economic affairs as there is in the United States and that's what we need now," Harvard professor of political economy Richard Zeckhauser told the Boston Globe.
Many, including analyists David Brooks, Ruth Marcus, and Fareed Zakaria, describe him simply as "brilliant." Kim Gandy, President of the National Organization for Women, vouched for his commitment to equality.
''[Summers] has written and spoken fairly extensively on the issue of women's wage inequality and the impact that has on the country," she said.
Christina Romer, currently a professor of economics at the University of California at Berkeley and now Director-designate of the President's Council of Economic Advisors, is widely respected as one of the nation's leading economic minds.
"I have great admiration for Christy Romer as a teacher and scholar," Harvard Economics Professor Gregory Mankiw said. A personal friend to Romer and her husband, Professor David Romer, Mankiw himself led the President's Council of Economic Advisers from 2003-05.
Of the team as a whole, Mankiw told the Wall Street Journal, "I think the Obama administration has so far put together a very impressive economic team."
Here's what some other sources had to say about the selections:
The Economist:
"Mr Geithner brings two crucial qualities. First, he represents continuity...he is now a familiar face to the most senior executives on Wall Street and to central bankers and finance ministers overseas. Second, he represents competence. He has spent more time on financial crises, from Mexico and Thailand to Brazil and Argentina, than probably any other policymaker in office today."
Sen. Richard Shelby (R-AL), ranking member on the Senate Banking Committee:
"I've worked with Tim Geithner. He's young. He's innovative. I believe he will be up to the challenge. He knows a lot about the economy and he knows a lot about problems. He has been involved in the bailout -- I don't think it's worked perfectly -- working with Secretary Paulson, but he is a breath of fresh air, so to speak. I think he will do well. I would try to work with him."
Larry Kudlow, host, CNBC's Kudlow and Company:
"Geithner is generally well regarded on Wall Street in his handling of the banking crisis. He's been the point man for both the Fed's Ben Bernanke and Bush Treasury man Paulson in their various rescue efforts to deal with the ongoing credit crisis....He is highly regarded by those who worked with him as a very smart, sharp, and insightful player. He has developed a strong working knowledge of markets and the economy as a central figure in the dramatic events of the past couple of years."
Brad Setser, fellow, Council on Foreign Relations; former Treasury official who worked briefly for Geithner both there and at the International Monetary Fund:
"I am thrilled that Mr. Geithner looks to be Obama's choice for Treasury Secretary. I am also pleased that President Obama also found a way to pull Dr. [Lawrence] Summers...into the administration. The current, severe crisis will provide plenty of work for both....I hope that the combination of Dr. Summers' intellectual creativity and Mr. Geithner's disciplined analysis and political acumen proves fruitful."
Paul Calello, CEO, Credit Suisse Investment Bank:
"I think Tim [Geithner] is a great choice for the job. He has the intellect, the experience and the ability to work across many constituencies that you need in that job. It's also important to note that Tim has both the domestic and international experience that is going to be very important going forward."
Jim Cramer, host, CNBC's Mad Money:
"I have read everything Summers has written since this crisis began, and it was prescient and constructive and smart as a whip."
National Journal (3/29/08):
"It's hard not to be impressed with their political achievements...Christina and [husband] David Romer...are well-known macroeconomists -- experts on the workings of the U.S. economy -- who jointly hold one of six spots on the academic committee of economists that decides when recessions begin and end."
Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce:
"President-elect Obama has chosen a strong, experienced economic team. Restoring the nation's economic health must be our top priority and the Chamber stands ready to work with the new administration to spur growth and job creation. This team brings a wealth of knowledge to Washington and an understanding that any sustainable economic recovery will involve the business sector. Tim Geithner has a deep understanding of our capital markets and the experience and credibility to tackle our nation's biggest challenge -- restoring our economy and rebuilding our financial markets. He has been directly engaged in all the steps taken so far to address this unprecedented crisis and is well qualified to lead the Treasury Department. Larry Summers' knowledge of economic issues and past experience as Treasury secretary will serve President Obama well. Likewise, Christina Romer and Melody Barnes will bring an understanding that any sustainable economic recovery will involve the business sector."
Monday, November 24, 2008 10:33am EST / Posted by Dan McSwain
Bold solutions to the economic crisis
The President-elect's Weekly Address called for bold action to rebuild our economy and restore the American work force. Many Americans have responded to President-elect Obama's urgent message.
Their comments echo the call to provide relief from economic threats quickly and decisively. These suggestions and stories support the Transition team's efforts to make long-term investments in our economic future right now.
Val T. from Albuquerque, NM, identifies several of the ways the Obama-Biden Administration will act to reverse the economic downturn our economy is facing. She writes:
"I am very concerned about the crumbling infrastructure of our bridges and roads, which we are so dependent on for everything... I am also thrilled that you will create/encourage jobs in alternative energy generation... Creating jobs while investing in the future -- it is a dream come true!"
Several comments focused on the need for a healthy and environmentally-responsible response to the crisis. Janet F. from Depoe Bay, WI, says:
"Let's treat this mess as a golden opportunity. President-elect Obama has America's attention and goodwill so this is the time to do the hard things...
Yes, we need new jobs. Let's make them green.
Yes, we need to help the auto companies. Let's demand green solutions.
Yes, we need to repair our infrastructure. Let's think of green ideas on what to build and repair and on what to do with the waste that will be created.
Yes, we need to repair schools. Let's make them green.
This is our opportunity to do it right. Now is the time."
The problems on Wall Street are also squeezing school budgets and threatening our children's education. Chet C., a teacher from Staten Island, NY, voices his concern about the impact the economic crisis is having in his community:
"One other area that needs help is local and state governments that are planning absolutely draconian budget cuts and service fee increases over the next year. In NYC, the Metropolitan Transportation Authority is planning fare increases of as much as 23% and less service. CUNY and SUNY are planning major tuition hikes, and the city Department of Education is cutting school budgets. I am an NYC high school teacher, my school has had its budget cut twice this year alone... This in the face of an ever increasing enrollment...
And I am sure you know, we are far from the only school in this nation facing this situation."
Your voices are part of an important dialogue at a crucial moment in our national history. If you haven't already, watch President-elect Obama's weekly address and let us hear from you:
Share your economic story.
Friday, November 21, 2008 09:48pm EST / Posted by Dave Rochelson
2.5 million jobs
President-elect Barack Obama today announced a bold initiative to save or create 2.5 million jobs in the next two years.
In his weekly address, President-elect Obama announced that he has directed his economic team to formulate an Economic Recovery Plan -- a two-year, nationwide initiative that will strengthen our economy and put millions of Americans to work rebuilding our crumbling roads and bridges, modernizing our schools, and securing our clean energy future.
Watch Your Weekly Address now -- then send us your questions or ideas about how to fix the economy:
Friday, November 21, 2008 05:11pm EST / Posted by Dave Rochelson
President-elect Obama stops by Chicago deli
President-elect Barack Obama visited Manny's Cafeteria and Deli in Chicago today to pick up two cherry pies and three corned beef sandwiches -- including one for himself and one for White House Chief of Staff Rahm Emanuel.
President-elect Obama ordered his sandwich on rye bread with mustard.
The President-elect visited the Chicago institution with Valerie Jarrett, an Obama-Biden Transition Team co-chair and White House senior adviser. He spent about 15 minutes shaking hands and taking pictures with people in and around the eatery.
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riday, November 21, 2008 03:28pm EST / Posted by Dave Rochelson
Inside the Transition: Your thoughts on energy and the environment
Since we posted a video yesterday with an inside look at a meeting of our Energy and Environment Policy Team, tens of thousands of Americans have written in with questions, ideas, and suggestions about what the Obama-Biden administration should do on this important issue.
Heather Zichal, a member of the policy team, took a moment to address some of those questions and ideas -- on topics ranging from increasing the number of hybrid cars on the road to making the White House green.
Watch the video below -- then submit your own thoughts on energy and the environment:
Thursday, November 20, 2008 05:27pm EST / Posted by Dave Rochelson
Taking on climate change and the global energy crisis
The Energy and Environment Policy Transition Team recently convened a meeting to discuss complex and challenging issues head-on. With advice from some of the most experienced voices in the field, this diverse group of experts is wasting no time in addressing problems like climate change and rising energy costs that we must tackle right away.
Thousands of Americans who are passionate about these issues are also speaking out.
Eric from Hebron, IN, wrote in supporting cap-and-trade measures. He said:
"Based on the enviormental policy video I just watched, I thought I should share my ideas on that subject. First, I think the first and most effective program that should be submitted for appoval is the Cap and Trade system for pollution credits. This program I believe is one of the most easily implemented programs available. Secondly, I would like to see the goverment give serious thought to Carbon Capture, this technology is still in its infancy but with the appropiate funding and research this technology could be a key tool in the global warming battle."
On rising energy prices and the auto industry, Michael from Olympia, WA wrote:
"I think it is very important to provide financial incentives to auto manufacturers to produce plug-in hybrid cars. We also need financial incentives, such as tax credits, for consumers to purchase plug-in hybrids. In my humble opinion, this is the most important first step in changing our nation's energy usage habits, and it will go a long way toward energy independence, providing a cleaner environment, and strengthening the economy."
Others offered up creative solutions that might help American businesses keep up with the growing need for conservation. Susan from Chicago, IL, wrote:
"I would like to see Americans working to design and build state-of-the-art environmentally-friendly, energy-efficient public transit vehicles (buses, trams, trains) - technology that could also be exported... We need an energy policy and plan based on energy efficiency, energy conservation, and development of community-based wind, solar, and geothermal power."
Jen from Tempe, AZ, got fired up after watching our latest video, and wrote:
"Your recent video address made me so hopeful the country may actually be able to move away from fossil fuel dependency! I'm so excited!! ....Please do something soon!"
Conversations like these are vital to effective policy development. Your voices will be part of the team's effort to combat climate change and empower Americans to live more sustainable lives.
Make sure to send us your own questions and comments.
Thursday, November 20, 2008 01:34pm EST / Posted by Dave Rochelson
Happy birthday, Joe!
Vice President-elect Joe Biden turned 66 years old today.
To celebrate, President-elect Barack Obama surprised him at the Transition's Chicago headquarters yesterday with cupcakes, candles, and a stirring rendition of Happy Birthday.
Happy Birthday, Joe!
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Tuesday, November 18, 2008 04:21pm EST / Posted by Dave Rochelson
Inside the Transition: Meet members of the Energy & Environment Policy Transition Team
To give you a behind the scenes look at the Transition and to see in greater depth how the team is approaching climate issues, we filmed this meeting of our Energy & Environment Policy Transition Team and interview with team member Heather Zichal.
To submit your own ideas on energy and the environment, click here.
Earlier today, President-elect Barack Obama addressed the Global Climate Summit in Los Angeles by video, promising to open a "new chapter in American leadership on climate change." Today, environmental leaders praised his bold statement of purpose.
"This is exactly the kind of leadership the country and the world have been waiting for," Pew Center on Global Climate Change President Eileen Claussen said in a statement.
Read more of Claussen's statement and statements from other environmental leaders below.
READ THE REST OF THIS STORY ...
Tuesday, November 18, 2008 09:54am EST / Posted by Dave Rochelson
President-elect Obama promises “new chapter” on climate change
More than 600 climate change leaders from across the country and around the world convened in Los Angeles today for the opening sessions of the Global Climate Summit, a 2-day event arranged by California Governor Arnold Schwarzenegger to break gridlock on the issue ahead of next month's United Nations Climate Change Conference in Poznan, Poland.
In a short video addressed to the Summit's attendees, President-elect Obama emphasized his enthusiasm for the Poznan Conference and promised that his administration would mark a "new chapter in American leadership on climate change."
"Few challenges facing America -- and the world -- are more urgent than combating climate change," he said. "Many of you are working to confront this challenge....but too often, Washington has failed to show the same kind of leadership. That will change when I take office."
President-elect Obama is committed to engaging vigorously with the international community to find solutions and help lead the world toward a new era of global cooperation on climate change.
"Let me also say a special word to the delegates from around the world who will gather in Poland next month: your work is vital to the planet," he said. "While I won’t be President at the time of your meeting and while the United States has only one President at a time, I’ve asked Members of Congress who are attending the conference as observers to report back to me on what they learn there."
Watch the full video of Barack's remarks below, or visit the Global Climate Summit home page to learn more.
Monday, November 17, 2008 06:05pm EST / Posted by Dave Rochelson
California fires: How to help
In the past four days, wildfires raging across southern California have forced thousands of people to evacuate, destroyed hundreds of homes, and burned tens of thousands of acres. Firefighters today said they are finally getting control of the fires, but many people are only now returning to survey the damage.
President-elect Obama called both Governor Schwarzenegger and Mayor Villaraigosa yesterday to express his concern over the wildfires and to receive an update on the situation.
To learn more about how you can help those affected by the fires, please visit CaliforniaVolunteers.org.
Monday, November 17, 2008 02:30pm EST / Posted by Dave Rochelson
Common Ground: Obama and McCain meet
President-elect Barack Obama welcomed Senator John McCain to his transition headquarters in Chicago today to discuss how they can work together to solve the nation's pressing challenges.
"We had a productive conversation today about the need to launch a new era of reform where we take on government waste and bitter partisanship in Washington," President-elect Obama and Senator McCain said in a joint statement released after the meeting. "We hope to work together in the days and months ahead on critical challenges like solving our financial crisis, creating a new energy economy, and protecting our nation’s security."
Since the election, many Americans -- some who supported Sen. McCain in the general election, and some who did not -- have written in to urge the two to work together.
Tamara from Springfield, OR wrote. "If you truly want to gain the support and respect of those who did not vote for you, you could 'reach across the aisle' so to speak and begin with incorporating some of the ideas from the Republicans."
"Please work with Senator McCain," Bill from Minneapolis wrote. "I believe that 'country first' is not just a campaign slogan for him. He is a person on the 'other side of the aisle' who could be very effective in bringing the other caucus along."
Some who supported McCain during the election have written in to express their thanks for the promise President-elect Obama made on election night, when he said, "[T]o those Americans whose support I have yet to earn, I may not have won your vote tonight but I hear your voices. I need your help. And I will be your president, too."
"In your victory speech, you made a huge promise to America...and you spoke to me -- a McCain supporter," Christy from Dallas, TX, wrote. "If you follow through on those promises, I know you will do great things for America....Please keep your word. Work with those of us that disagree. We can learn so much from one another."
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Saturday, November 15, 2008 06:00am EST / Posted by Andrew Bleeker
Your Weekly Address from the President-elect
For the first time, the weekly Democratic address has been released as a web video. It will also continue to air on the radio.
President-elect Obama plans to publish these weekly updates through the Transition and then from the White House.
Today's address from the President-elect concerns the current economic crisis:
Friday, November 14, 2008 06:25pm EST / Posted by Kate Albright-Hanna
Advice for the President-elect
Across the country, people are already writing to us with their advice for the Obama Administration. Nina, a single mother who is getting her doctorate while also working a full-time job in Pittsburgh, PA, hopes new policies will encourage companies to allow employees to work from home.
“My youngest daughter is ten years old and although we are permitted to work from home sometimes, it is discouraged,” she writes. “I would like to see more options for single parents that encourage us to have more family time.”
Lee in Los Alamos, NM liked what she heard about science from Senator Obama on the campaign trail, and looks forward to seeing those plans enacted.
“I will be one of the thousands of scientists and engineers striving for our country’s energy independence and one of the millions of parents helping educate our children to sustain our country's standing in this world,” she writes.
Michael in Reno, NV is more philosophical:
“My humble request to my future President: Remain true to who you are. Concern yourself more about doing your job than with keeping your job. Call upon the strength of the American people to realize that dream that belongs to each and every one of us, and lead us to it.”
And then there’s Greg in Brownwood, TX, who tackles one of the more controversial issues facing the President-elect and his family:
“They should look into getting a Standard Poodle. My dog, Gracie, is an ambassador. Everyone LOVES my dog. Thoughtful, considerate, low-key, only barks when necessary, playful and fun… Poodles also do not shed, so are nearly hypo-allergenic…”
Keep the advice coming.
Thursday, November 13, 2008 07:10pm EST / Posted by Kate Albright-Hanna
Video: Transition update from Valerie Jarrett
Transition co-chair Valerie Jarrett provides a web-exclusive update on recent personnel decisions and the latest steps taken on ethics reform.
Thursday, November 13, 2008 05:36pm EST / Posted by Kate Albright-Hanna
Coming together
Reading through thousands of stories submitted to An American Moment, a popular theme that emerges is that people, like Peggy in Findlay, OH, felt a “connection to something larger and better” during the election.
For Peggy, “The time I felt the happiest was when I registered a 65 year old woman who had never voted before:)”
When Richard in Glendale, CA phone banked on Election Day, he spoke to “an elderly lady in Ohio who told me that she had just had a mastectomy and her husband had a terminal illness,” he said.
“She asked if she could get some help. I was able to find a way for her to get a ride… and help her and her husband vote without having to leave the car,” he said. “It made me feel great to know that I was able to help.”
For many people, the connections they made were even more intimate – with neighbors who used to be strangers. Marcia in Caldwell, NJ says she lives in a high-rise apartment building “where people tend to remain rather private.” She had never really had a conversation with her neighbors – until the couple next door noticed her Obama button.
“We exchanged high-fives and I invited them to come to Obama headquarters to volunteer to make phone calls. On election night we watched the returns together and cried and celebrated with champagne! What a wonderful unifying experience!!”
Perhaps most exciting, people who didn’t even vote for President-elect Obama are telling us that they feel the same sense of unity. Denise in Washington, MI writes:
“The morning after the election my son said, ‘Mom, why are you so happy? Your guy lost.’ I said because we can move forward now. Congratulations to you, President-elect Obama! Now I pray at night that you will protect all Americans… You did a good job, so keep up the good work and let’s please fix what’s wrong.”
Wednesday, November 12, 2008 05:53pm EST / Posted by Dave Rochelson
Following through on a promise
Before Barack Obama was President-elect -- from the very beginning of his campaign -- he pledged to change the way Washington works. That meant not accepting any financial contributions from lobbyists or political action committees.
Voters often said this was one of the major reasons they supported Barack, and they've been writing to the Transition to tell us how important they think it is that this commitment continues.
Lexington from San Diego, CA, wrote:
"When I first learned of Barack Obama, I was encouraged by his thoughts [on] ending the power of lobbyists and the negative effect of the revolving door on the White House. I'd like to see an agenda that focuses on promoting transparency and getting people into government who sincerely want to serve the interests of the nation over their own careers."
John from Seattle, WA wrote, "I am so tired of special interests getting the best of us all. I support you and hope that you will allow the common guy to have a say in how we are to be governed from now on."
Now Barack has taken the first step, with new rules that restrict how lobbyists can participate in the transition -- just as he restricted how they could participate in the campaign.
The new policy, which ethics experts have praised as a bold step forward, was only announced yesterday -- but already people have written in to show their support.
Sarah from Brockport, NY, wrote, "Today I read about the tough new rules for lobbyists and it just further solidified the faith I have in this administration to bring about a real change....I am feeling real patriotic and in tune with my government for the first time in my 46 years."
Carmen from Olympia, WA wrote simply: "Thank you for the transition ethics. Thank you."
Wednesday, November 12, 2008 05:46pm EST / Posted by Kate Albright-Hanna
An American Moment
As transition co-chair John Podesta said yesterday, the people who waited in lines around schools, churches and fire houses should "take pride in the power of democracy" because they showed the world that "anything is possible when we come together as one nation."
In that spirit, we created An American Moment on our website because you deserve a government that respects your involvement in the process by being open, transparent and bipartisan. We want to continue to hear about your hopes and dreams, answer your questions, and get your advice about what should come next.
Cynthia in Fort Lee, VA has already written to us with her perspective:
"Politics -- like parenthood -- is a marathon, not a sprint. Now that the election is over, it's time to turn our attention to the next leg of this race, getting family policies like fair pay, paid sick days, healthcare coverage and early education passed."
Susan in Canton, CT shared her thoughts about the challenges facing the auto industry, and added, "I truly want to keep the momentum going; the hope, the volunteerism, the activism."
That's exactly what we want to do, too. Keep sending your stories and we'll keep learning from them.
Wednesday, November 12, 2008 01:05pm EST / Posted by Dave Rochelson
An end to the “revolving door”
President-elect Barack Obama imposed strict new ethics rules on the transition team yesterday, restricting what work former lobbyists can do for the team and barring registered lobbyists from donating to the transition or to inaugural events.
Transition team co-chair John Podesta characterized the policy as "the strictest ethics rules ever applied."
Across the country, national leaders and ethics experts praised the decision.
"As a professor who has taught a class on Lobbying and Ethics for many years, I want to commend President-elect Barack Obama for his historic new ethics rules," American University Professor James A. Thurber said. "His campaign pledge to change the way Washington works with the lobbying industry became a reality yesterday...The new ethics rules are great for our democracy."
Fred Wertheimer, president of the non-partisan watchdog group Democracy 21, told USA Today that the rules are unique for a president-elect.
"[The rules are] unlike anything that I have seen at the transition stage in 35 years," he said.
At a press conference, a reporter asked Podesta about complaints from lobbyists who claim they have relevant expertise and say the policy leaves them "out in the cold."
"So be it," Podesta said, adding that the President-elect intends to enforce this policy in his administration so that the "revolving door ceases to exist."
Thomas Mann of the Brookings Institution agreed, saying it's a worthwhile price to pay.
"They will prevent some honorable people with rich experience from serving in the transition," he said. "That is a real cost but it is more than balanced by the strong signal sent by the President-elect."
Read the new ethics rules here.
Tuesday, November 11, 2008 06:38pm EST / Posted by Kate Albright-Hanna
Honoring Veterans
President-elect Barack Obama and Iraq War veteran Tammy Duckworth shared a moment of silence at 11 a.m. this morning after laying a wreath at the Soldiers Memorial in Chicago.
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Monday, November 10, 2008 06:47pm EST / Posted by Andrew Bleeker
President-elect Obama and President Bush meet at White House
President George Bush and First Lady Laura Bush warmly welcomed President-elect Barack Obama and Michelle Obama to the White House yesterday for a visit that lasted several hours.
In a private meeting in the Oval Office, President-elect Obama thanked President Bush for his commitment to a smooth transition in light of the nation's many critical economic and security challenges.
The First Lady led Mrs. Obama on a tour of the historic home -- with a focus on the private residence -- before meeting in the West Sitting Hall, where they discussed raising daughters in the White House.
Sunday, November 9, 2008 05:50pm EST / Posted by Andrew Bleeker
Transition Team Co-Chair Valerie Jarrett discusses priorities on ‘Meet the Press’
President-elect Barack Obama's transition team is "hitting the ground running" on its top priorities - the economy and foreign policy, Transition Co-Chair Valerie Jarrett said on 'Meet the Press' today.
She expects Obama to make more announcements on key positions in the days and weeks ahead.
"I think that, in a sense, putting together the Cabinet is like a jigsaw puzzle, and he wants to make sure that it represents the diversity of our country, diversity in perspectives, diversity in race, diversity in geography. And so all of those pieces are going to come together. And he will pick the best person for each position," Jarrett said.
Jarrett also said Michelle Obama plans to focus on the work-life balance when she becomes First Lady.
"She knows how hard it is to manage being a mom, a spouse, have a professional job. And she has a lot of support. She's the first to say, 'Look, I did it with all this support. What about the women out there who are doing it in such a challenging way?'" Jarrett said.
Watch the video of Jarrett's interview on 'Meet the Press' below.
Sunday, November 9, 2008 12:15pm EST / Posted by Andrew Bleeker
President-elect Obama calls for swift action on the economy in weekly Democratic Radio Address
Barack Obama delivered this week's Democratic Radio Address on Saturday morning, his first as President-elect.
In the address, President-elect Obama spoke about the need to put partisanship aside to solve the greatest economic challenge of our lifetime.
"Tens of millions of families are struggling to figure out how to pay the bills and stay in their homes," Obama said. "Their stories are an urgent reminder that we are facing the greatest economic challenge of our lifetime, and we must act swiftly to resolve them."
You can listen to the full address here.
Friday, November 7, 2008 06:20pm EST / Posted by Macon Phillips
President-elect Obama meets with economic advisers, calls for “swift action” on the economy
Barack Obama today held his first press conference as President-elect to call for "swift action" to fix the nation's economy.
"Immediately after I become president I will confront this economic crisis head-on by taking all necessary steps to ease the credit crisis, help hardworking families, and restore growth and prosperity," President-elect Obama said.
The press conference followed a private meeting of Obama's Transition Economic Advisory Board, a group of 17 leaders on economic issues that includes former U.S. Treasury Secretaries Robert E. Rubin and Lawrence E. Summers, Google CEO Eric Schmidt and Warren Buffett.
Watch the full video of President-elect Obama's remarks at the press conference below.
Friday, November 7, 2008 04:19pm EST / Posted by Dave Rochelson
Emanuel to be Obama’s White House Chief of Staff
President-elect Barack Obama announced yesterday that Congressman Rahm Emanuel (D-Ill.) has accepted his offer to join the White House as Chief of Staff.
"I announce this appointment first because the Chief of Staff is central to the ability of a President and Administration to accomplish an agenda. And no one I know is better at getting things done than Rahm Emanuel,” President-elect Obama said in a statement.
"During his seven years in the Clinton White House, Rahm was the point man on some of the most difficult issues, from the passage of landmark anti-crime legislation to the expansion of health care coverage for children. In just six years in Congress, he has risen to leadership, helping to craft myriad important pieces of legislation and guide them to passage.”
Emanuel, 48, served as a senior adviser to President Bill Clinton, and has represented the fifth congressional district of Illinois since 2002.
"I'm leaving a job I love to join your White House for one simple reason -- like the record amount of voters who cast their ballot over the last month, I want to do everything I can to help deliver the change America needs,” Emanuel said in a statement. “We have work to do, and Tuesday, Americans sent Washington a clear message -- get the job done.
"Today, once again, our country is piled high with difficulty, and Americans have put their trust in President-elect Barack Obama and Vice-President-elect Joe Biden to think and act anew. And Mr. President-elect, I promise that your White House will do everything in our power to rise to the occasion," he said.
Read the full statements below.
READ THE REST OF THIS STORY ...
Wednesday, November 5, 2008 04:08pm EST / Posted by Macon Phillips
Change has come to America
Last night, President-elect Barack Obama delivered the final speech of a presidential campaign that promised change in Washington:
Now the work begins to deliver on this promise by planning the agenda and priorities for the Obama Administration. As the President-Elect reminded the country:
What began 21 months ago in the depths of winter cannot end on this autumn night. This victory alone is not the change we seek. It is only the chance for us to make that change. And that cannot happen if we go back to the way things were. It can't happen without you, without a new spirit of service, a new spirit of sacrifice. So let us summon a new spirit of patriotism, of responsibility, where each of us resolves to pitch in and work harder and
Monday, November 24, 2008 02:39pm EST / Posted by Dave Rochelson
Praise pours in for Obama economic team
Words like "brilliant," "sharp," "energetic," and "visionary" are coming from across the political spectrum in praise for President-elect Barack Obama's choices to lead his economic team.
"These are the kind of people you want with their hand on the till in a storm," said Sen. Kent Conrad (D-ND), chairman of the Senate Banking Committee. "And we're in a Category 4."
"The right man for Treasury," the New York Post called Treasury Secretary-designate Timothy Geithner in a staff editorial.
"Geithner is widely respected as both sharp and energetic," the Post wrote. "Years ago, he warned of the lack of oversight of new security instruments, including some that wound up playing a role in stirring today's financial maelstrom....You couldn't ask for a better background for the job than his."
Praise has also been strong for Larry Summers, Director-designate of the National Economic Council.
"He is as visionary and insightful a thinker on economic affairs as there is in the United States and that's what we need now," Harvard professor of political economy Richard Zeckhauser told the Boston Globe.
Many, including analyists David Brooks, Ruth Marcus, and Fareed Zakaria, describe him simply as "brilliant." Kim Gandy, President of the National Organization for Women, vouched for his commitment to equality.
''[Summers] has written and spoken fairly extensively on the issue of women's wage inequality and the impact that has on the country," she said.
Christina Romer, currently a professor of economics at the University of California at Berkeley and now Director-designate of the President's Council of Economic Advisors, is widely respected as one of the nation's leading economic minds.
"I have great admiration for Christy Romer as a teacher and scholar," Harvard Economics Professor Gregory Mankiw said. A personal friend to Romer and her husband, Professor David Romer, Mankiw himself led the President's Council of Economic Advisers from 2003-05.
Of the team as a whole, Mankiw told the Wall Street Journal, "I think the Obama administration has so far put together a very impressive economic team."
Here's what some other sources had to say about the selections:
The Economist:
"Mr Geithner brings two crucial qualities. First, he represents continuity...he is now a familiar face to the most senior executives on Wall Street and to central bankers and finance ministers overseas. Second, he represents competence. He has spent more time on financial crises, from Mexico and Thailand to Brazil and Argentina, than probably any other policymaker in office today."
Sen. Richard Shelby (R-AL), ranking member on the Senate Banking Committee:
"I've worked with Tim Geithner. He's young. He's innovative. I believe he will be up to the challenge. He knows a lot about the economy and he knows a lot about problems. He has been involved in the bailout -- I don't think it's worked perfectly -- working with Secretary Paulson, but he is a breath of fresh air, so to speak. I think he will do well. I would try to work with him."
Larry Kudlow, host, CNBC's Kudlow and Company:
"Geithner is generally well regarded on Wall Street in his handling of the banking crisis. He's been the point man for both the Fed's Ben Bernanke and Bush Treasury man Paulson in their various rescue efforts to deal with the ongoing credit crisis....He is highly regarded by those who worked with him as a very smart, sharp, and insightful player. He has developed a strong working knowledge of markets and the economy as a central figure in the dramatic events of the past couple of years."
Brad Setser, fellow, Council on Foreign Relations; former Treasury official who worked briefly for Geithner both there and at the International Monetary Fund:
"I am thrilled that Mr. Geithner looks to be Obama's choice for Treasury Secretary. I am also pleased that President Obama also found a way to pull Dr. [Lawrence] Summers...into the administration. The current, severe crisis will provide plenty of work for both....I hope that the combination of Dr. Summers' intellectual creativity and Mr. Geithner's disciplined analysis and political acumen proves fruitful."
Paul Calello, CEO, Credit Suisse Investment Bank:
"I think Tim [Geithner] is a great choice for the job. He has the intellect, the experience and the ability to work across many constituencies that you need in that job. It's also important to note that Tim has both the domestic and international experience that is going to be very important going forward."
Jim Cramer, host, CNBC's Mad Money:
"I have read everything Summers has written since this crisis began, and it was prescient and constructive and smart as a whip."
National Journal (3/29/08):
"It's hard not to be impressed with their political achievements...Christina and [husband] David Romer...are well-known macroeconomists -- experts on the workings of the U.S. economy -- who jointly hold one of six spots on the academic committee of economists that decides when recessions begin and end."
Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce:
"President-elect Obama has chosen a strong, experienced economic team. Restoring the nation's economic health must be our top priority and the Chamber stands ready to work with the new administration to spur growth and job creation. This team brings a wealth of knowledge to Washington and an understanding that any sustainable economic recovery will involve the business sector. Tim Geithner has a deep understanding of our capital markets and the experience and credibility to tackle our nation's biggest challenge -- restoring our economy and rebuilding our financial markets. He has been directly engaged in all the steps taken so far to address this unprecedented crisis and is well qualified to lead the Treasury Department. Larry Summers' knowledge of economic issues and past experience as Treasury secretary will serve President Obama well. Likewise, Christina Romer and Melody Barnes will bring an understanding that any sustainable economic recovery will involve the business sector."
Monday, November 24, 2008 10:33am EST / Posted by Dan McSwain
Bold solutions to the economic crisis
The President-elect's Weekly Address called for bold action to rebuild our economy and restore the American work force. Many Americans have responded to President-elect Obama's urgent message.
Their comments echo the call to provide relief from economic threats quickly and decisively. These suggestions and stories support the Transition team's efforts to make long-term investments in our economic future right now.
Val T. from Albuquerque, NM, identifies several of the ways the Obama-Biden Administration will act to reverse the economic downturn our economy is facing. She writes:
"I am very concerned about the crumbling infrastructure of our bridges and roads, which we are so dependent on for everything... I am also thrilled that you will create/encourage jobs in alternative energy generation... Creating jobs while investing in the future -- it is a dream come true!"
Several comments focused on the need for a healthy and environmentally-responsible response to the crisis. Janet F. from Depoe Bay, WI, says:
"Let's treat this mess as a golden opportunity. President-elect Obama has America's attention and goodwill so this is the time to do the hard things...
Yes, we need new jobs. Let's make them green.
Yes, we need to help the auto companies. Let's demand green solutions.
Yes, we need to repair our infrastructure. Let's think of green ideas on what to build and repair and on what to do with the waste that will be created.
Yes, we need to repair schools. Let's make them green.
This is our opportunity to do it right. Now is the time."
The problems on Wall Street are also squeezing school budgets and threatening our children's education. Chet C., a teacher from Staten Island, NY, voices his concern about the impact the economic crisis is having in his community:
"One other area that needs help is local and state governments that are planning absolutely draconian budget cuts and service fee increases over the next year. In NYC, the Metropolitan Transportation Authority is planning fare increases of as much as 23% and less service. CUNY and SUNY are planning major tuition hikes, and the city Department of Education is cutting school budgets. I am an NYC high school teacher, my school has had its budget cut twice this year alone... This in the face of an ever increasing enrollment...
And I am sure you know, we are far from the only school in this nation facing this situation."
Your voices are part of an important dialogue at a crucial moment in our national history. If you haven't already, watch President-elect Obama's weekly address and let us hear from you:
Share your economic story.
Friday, November 21, 2008 09:48pm EST / Posted by Dave Rochelson
2.5 million jobs
President-elect Barack Obama today announced a bold initiative to save or create 2.5 million jobs in the next two years.
In his weekly address, President-elect Obama announced that he has directed his economic team to formulate an Economic Recovery Plan -- a two-year, nationwide initiative that will strengthen our economy and put millions of Americans to work rebuilding our crumbling roads and bridges, modernizing our schools, and securing our clean energy future.
Watch Your Weekly Address now -- then send us your questions or ideas about how to fix the economy:
Friday, November 21, 2008 05:11pm EST / Posted by Dave Rochelson
President-elect Obama stops by Chicago deli
President-elect Barack Obama visited Manny's Cafeteria and Deli in Chicago today to pick up two cherry pies and three corned beef sandwiches -- including one for himself and one for White House Chief of Staff Rahm Emanuel.
President-elect Obama ordered his sandwich on rye bread with mustard.
The President-elect visited the Chicago institution with Valerie Jarrett, an Obama-Biden Transition Team co-chair and White House senior adviser. He spent about 15 minutes shaking hands and taking pictures with people in and around the eatery.
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riday, November 21, 2008 03:28pm EST / Posted by Dave Rochelson
Inside the Transition: Your thoughts on energy and the environment
Since we posted a video yesterday with an inside look at a meeting of our Energy and Environment Policy Team, tens of thousands of Americans have written in with questions, ideas, and suggestions about what the Obama-Biden administration should do on this important issue.
Heather Zichal, a member of the policy team, took a moment to address some of those questions and ideas -- on topics ranging from increasing the number of hybrid cars on the road to making the White House green.
Watch the video below -- then submit your own thoughts on energy and the environment:
Thursday, November 20, 2008 05:27pm EST / Posted by Dave Rochelson
Taking on climate change and the global energy crisis
The Energy and Environment Policy Transition Team recently convened a meeting to discuss complex and challenging issues head-on. With advice from some of the most experienced voices in the field, this diverse group of experts is wasting no time in addressing problems like climate change and rising energy costs that we must tackle right away.
Thousands of Americans who are passionate about these issues are also speaking out.
Eric from Hebron, IN, wrote in supporting cap-and-trade measures. He said:
"Based on the enviormental policy video I just watched, I thought I should share my ideas on that subject. First, I think the first and most effective program that should be submitted for appoval is the Cap and Trade system for pollution credits. This program I believe is one of the most easily implemented programs available. Secondly, I would like to see the goverment give serious thought to Carbon Capture, this technology is still in its infancy but with the appropiate funding and research this technology could be a key tool in the global warming battle."
On rising energy prices and the auto industry, Michael from Olympia, WA wrote:
"I think it is very important to provide financial incentives to auto manufacturers to produce plug-in hybrid cars. We also need financial incentives, such as tax credits, for consumers to purchase plug-in hybrids. In my humble opinion, this is the most important first step in changing our nation's energy usage habits, and it will go a long way toward energy independence, providing a cleaner environment, and strengthening the economy."
Others offered up creative solutions that might help American businesses keep up with the growing need for conservation. Susan from Chicago, IL, wrote:
"I would like to see Americans working to design and build state-of-the-art environmentally-friendly, energy-efficient public transit vehicles (buses, trams, trains) - technology that could also be exported... We need an energy policy and plan based on energy efficiency, energy conservation, and development of community-based wind, solar, and geothermal power."
Jen from Tempe, AZ, got fired up after watching our latest video, and wrote:
"Your recent video address made me so hopeful the country may actually be able to move away from fossil fuel dependency! I'm so excited!! ....Please do something soon!"
Conversations like these are vital to effective policy development. Your voices will be part of the team's effort to combat climate change and empower Americans to live more sustainable lives.
Make sure to send us your own questions and comments.
Thursday, November 20, 2008 01:34pm EST / Posted by Dave Rochelson
Happy birthday, Joe!
Vice President-elect Joe Biden turned 66 years old today.
To celebrate, President-elect Barack Obama surprised him at the Transition's Chicago headquarters yesterday with cupcakes, candles, and a stirring rendition of Happy Birthday.
Happy Birthday, Joe!
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Tuesday, November 18, 2008 04:21pm EST / Posted by Dave Rochelson
Inside the Transition: Meet members of the Energy & Environment Policy Transition Team
To give you a behind the scenes look at the Transition and to see in greater depth how the team is approaching climate issues, we filmed this meeting of our Energy & Environment Policy Transition Team and interview with team member Heather Zichal.
To submit your own ideas on energy and the environment, click here.
Earlier today, President-elect Barack Obama addressed the Global Climate Summit in Los Angeles by video, promising to open a "new chapter in American leadership on climate change." Today, environmental leaders praised his bold statement of purpose.
"This is exactly the kind of leadership the country and the world have been waiting for," Pew Center on Global Climate Change President Eileen Claussen said in a statement.
Read more of Claussen's statement and statements from other environmental leaders below.
READ THE REST OF THIS STORY ...
Tuesday, November 18, 2008 09:54am EST / Posted by Dave Rochelson
President-elect Obama promises “new chapter” on climate change
More than 600 climate change leaders from across the country and around the world convened in Los Angeles today for the opening sessions of the Global Climate Summit, a 2-day event arranged by California Governor Arnold Schwarzenegger to break gridlock on the issue ahead of next month's United Nations Climate Change Conference in Poznan, Poland.
In a short video addressed to the Summit's attendees, President-elect Obama emphasized his enthusiasm for the Poznan Conference and promised that his administration would mark a "new chapter in American leadership on climate change."
"Few challenges facing America -- and the world -- are more urgent than combating climate change," he said. "Many of you are working to confront this challenge....but too often, Washington has failed to show the same kind of leadership. That will change when I take office."
President-elect Obama is committed to engaging vigorously with the international community to find solutions and help lead the world toward a new era of global cooperation on climate change.
"Let me also say a special word to the delegates from around the world who will gather in Poland next month: your work is vital to the planet," he said. "While I won’t be President at the time of your meeting and while the United States has only one President at a time, I’ve asked Members of Congress who are attending the conference as observers to report back to me on what they learn there."
Watch the full video of Barack's remarks below, or visit the Global Climate Summit home page to learn more.
Monday, November 17, 2008 06:05pm EST / Posted by Dave Rochelson
California fires: How to help
In the past four days, wildfires raging across southern California have forced thousands of people to evacuate, destroyed hundreds of homes, and burned tens of thousands of acres. Firefighters today said they are finally getting control of the fires, but many people are only now returning to survey the damage.
President-elect Obama called both Governor Schwarzenegger and Mayor Villaraigosa yesterday to express his concern over the wildfires and to receive an update on the situation.
To learn more about how you can help those affected by the fires, please visit CaliforniaVolunteers.org.
Monday, November 17, 2008 02:30pm EST / Posted by Dave Rochelson
Common Ground: Obama and McCain meet
President-elect Barack Obama welcomed Senator John McCain to his transition headquarters in Chicago today to discuss how they can work together to solve the nation's pressing challenges.
"We had a productive conversation today about the need to launch a new era of reform where we take on government waste and bitter partisanship in Washington," President-elect Obama and Senator McCain said in a joint statement released after the meeting. "We hope to work together in the days and months ahead on critical challenges like solving our financial crisis, creating a new energy economy, and protecting our nation’s security."
Since the election, many Americans -- some who supported Sen. McCain in the general election, and some who did not -- have written in to urge the two to work together.
Tamara from Springfield, OR wrote. "If you truly want to gain the support and respect of those who did not vote for you, you could 'reach across the aisle' so to speak and begin with incorporating some of the ideas from the Republicans."
"Please work with Senator McCain," Bill from Minneapolis wrote. "I believe that 'country first' is not just a campaign slogan for him. He is a person on the 'other side of the aisle' who could be very effective in bringing the other caucus along."
Some who supported McCain during the election have written in to express their thanks for the promise President-elect Obama made on election night, when he said, "[T]o those Americans whose support I have yet to earn, I may not have won your vote tonight but I hear your voices. I need your help. And I will be your president, too."
"In your victory speech, you made a huge promise to America...and you spoke to me -- a McCain supporter," Christy from Dallas, TX, wrote. "If you follow through on those promises, I know you will do great things for America....Please keep your word. Work with those of us that disagree. We can learn so much from one another."
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Saturday, November 15, 2008 06:00am EST / Posted by Andrew Bleeker
Your Weekly Address from the President-elect
For the first time, the weekly Democratic address has been released as a web video. It will also continue to air on the radio.
President-elect Obama plans to publish these weekly updates through the Transition and then from the White House.
Today's address from the President-elect concerns the current economic crisis:
Friday, November 14, 2008 06:25pm EST / Posted by Kate Albright-Hanna
Advice for the President-elect
Across the country, people are already writing to us with their advice for the Obama Administration. Nina, a single mother who is getting her doctorate while also working a full-time job in Pittsburgh, PA, hopes new policies will encourage companies to allow employees to work from home.
“My youngest daughter is ten years old and although we are permitted to work from home sometimes, it is discouraged,” she writes. “I would like to see more options for single parents that encourage us to have more family time.”
Lee in Los Alamos, NM liked what she heard about science from Senator Obama on the campaign trail, and looks forward to seeing those plans enacted.
“I will be one of the thousands of scientists and engineers striving for our country’s energy independence and one of the millions of parents helping educate our children to sustain our country's standing in this world,” she writes.
Michael in Reno, NV is more philosophical:
“My humble request to my future President: Remain true to who you are. Concern yourself more about doing your job than with keeping your job. Call upon the strength of the American people to realize that dream that belongs to each and every one of us, and lead us to it.”
And then there’s Greg in Brownwood, TX, who tackles one of the more controversial issues facing the President-elect and his family:
“They should look into getting a Standard Poodle. My dog, Gracie, is an ambassador. Everyone LOVES my dog. Thoughtful, considerate, low-key, only barks when necessary, playful and fun… Poodles also do not shed, so are nearly hypo-allergenic…”
Keep the advice coming.
Thursday, November 13, 2008 07:10pm EST / Posted by Kate Albright-Hanna
Video: Transition update from Valerie Jarrett
Transition co-chair Valerie Jarrett provides a web-exclusive update on recent personnel decisions and the latest steps taken on ethics reform.
Thursday, November 13, 2008 05:36pm EST / Posted by Kate Albright-Hanna
Coming together
Reading through thousands of stories submitted to An American Moment, a popular theme that emerges is that people, like Peggy in Findlay, OH, felt a “connection to something larger and better” during the election.
For Peggy, “The time I felt the happiest was when I registered a 65 year old woman who had never voted before:)”
When Richard in Glendale, CA phone banked on Election Day, he spoke to “an elderly lady in Ohio who told me that she had just had a mastectomy and her husband had a terminal illness,” he said.
“She asked if she could get some help. I was able to find a way for her to get a ride… and help her and her husband vote without having to leave the car,” he said. “It made me feel great to know that I was able to help.”
For many people, the connections they made were even more intimate – with neighbors who used to be strangers. Marcia in Caldwell, NJ says she lives in a high-rise apartment building “where people tend to remain rather private.” She had never really had a conversation with her neighbors – until the couple next door noticed her Obama button.
“We exchanged high-fives and I invited them to come to Obama headquarters to volunteer to make phone calls. On election night we watched the returns together and cried and celebrated with champagne! What a wonderful unifying experience!!”
Perhaps most exciting, people who didn’t even vote for President-elect Obama are telling us that they feel the same sense of unity. Denise in Washington, MI writes:
“The morning after the election my son said, ‘Mom, why are you so happy? Your guy lost.’ I said because we can move forward now. Congratulations to you, President-elect Obama! Now I pray at night that you will protect all Americans… You did a good job, so keep up the good work and let’s please fix what’s wrong.”
Wednesday, November 12, 2008 05:53pm EST / Posted by Dave Rochelson
Following through on a promise
Before Barack Obama was President-elect -- from the very beginning of his campaign -- he pledged to change the way Washington works. That meant not accepting any financial contributions from lobbyists or political action committees.
Voters often said this was one of the major reasons they supported Barack, and they've been writing to the Transition to tell us how important they think it is that this commitment continues.
Lexington from San Diego, CA, wrote:
"When I first learned of Barack Obama, I was encouraged by his thoughts [on] ending the power of lobbyists and the negative effect of the revolving door on the White House. I'd like to see an agenda that focuses on promoting transparency and getting people into government who sincerely want to serve the interests of the nation over their own careers."
John from Seattle, WA wrote, "I am so tired of special interests getting the best of us all. I support you and hope that you will allow the common guy to have a say in how we are to be governed from now on."
Now Barack has taken the first step, with new rules that restrict how lobbyists can participate in the transition -- just as he restricted how they could participate in the campaign.
The new policy, which ethics experts have praised as a bold step forward, was only announced yesterday -- but already people have written in to show their support.
Sarah from Brockport, NY, wrote, "Today I read about the tough new rules for lobbyists and it just further solidified the faith I have in this administration to bring about a real change....I am feeling real patriotic and in tune with my government for the first time in my 46 years."
Carmen from Olympia, WA wrote simply: "Thank you for the transition ethics. Thank you."
Wednesday, November 12, 2008 05:46pm EST / Posted by Kate Albright-Hanna
An American Moment
As transition co-chair John Podesta said yesterday, the people who waited in lines around schools, churches and fire houses should "take pride in the power of democracy" because they showed the world that "anything is possible when we come together as one nation."
In that spirit, we created An American Moment on our website because you deserve a government that respects your involvement in the process by being open, transparent and bipartisan. We want to continue to hear about your hopes and dreams, answer your questions, and get your advice about what should come next.
Cynthia in Fort Lee, VA has already written to us with her perspective:
"Politics -- like parenthood -- is a marathon, not a sprint. Now that the election is over, it's time to turn our attention to the next leg of this race, getting family policies like fair pay, paid sick days, healthcare coverage and early education passed."
Susan in Canton, CT shared her thoughts about the challenges facing the auto industry, and added, "I truly want to keep the momentum going; the hope, the volunteerism, the activism."
That's exactly what we want to do, too. Keep sending your stories and we'll keep learning from them.
Wednesday, November 12, 2008 01:05pm EST / Posted by Dave Rochelson
An end to the “revolving door”
President-elect Barack Obama imposed strict new ethics rules on the transition team yesterday, restricting what work former lobbyists can do for the team and barring registered lobbyists from donating to the transition or to inaugural events.
Transition team co-chair John Podesta characterized the policy as "the strictest ethics rules ever applied."
Across the country, national leaders and ethics experts praised the decision.
"As a professor who has taught a class on Lobbying and Ethics for many years, I want to commend President-elect Barack Obama for his historic new ethics rules," American University Professor James A. Thurber said. "His campaign pledge to change the way Washington works with the lobbying industry became a reality yesterday...The new ethics rules are great for our democracy."
Fred Wertheimer, president of the non-partisan watchdog group Democracy 21, told USA Today that the rules are unique for a president-elect.
"[The rules are] unlike anything that I have seen at the transition stage in 35 years," he said.
At a press conference, a reporter asked Podesta about complaints from lobbyists who claim they have relevant expertise and say the policy leaves them "out in the cold."
"So be it," Podesta said, adding that the President-elect intends to enforce this policy in his administration so that the "revolving door ceases to exist."
Thomas Mann of the Brookings Institution agreed, saying it's a worthwhile price to pay.
"They will prevent some honorable people with rich experience from serving in the transition," he said. "That is a real cost but it is more than balanced by the strong signal sent by the President-elect."
Read the new ethics rules here.
Tuesday, November 11, 2008 06:38pm EST / Posted by Kate Albright-Hanna
Honoring Veterans
President-elect Barack Obama and Iraq War veteran Tammy Duckworth shared a moment of silence at 11 a.m. this morning after laying a wreath at the Soldiers Memorial in Chicago.
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Monday, November 10, 2008 06:47pm EST / Posted by Andrew Bleeker
President-elect Obama and President Bush meet at White House
President George Bush and First Lady Laura Bush warmly welcomed President-elect Barack Obama and Michelle Obama to the White House yesterday for a visit that lasted several hours.
In a private meeting in the Oval Office, President-elect Obama thanked President Bush for his commitment to a smooth transition in light of the nation's many critical economic and security challenges.
The First Lady led Mrs. Obama on a tour of the historic home -- with a focus on the private residence -- before meeting in the West Sitting Hall, where they discussed raising daughters in the White House.
Sunday, November 9, 2008 05:50pm EST / Posted by Andrew Bleeker
Transition Team Co-Chair Valerie Jarrett discusses priorities on ‘Meet the Press’
President-elect Barack Obama's transition team is "hitting the ground running" on its top priorities - the economy and foreign policy, Transition Co-Chair Valerie Jarrett said on 'Meet the Press' today.
She expects Obama to make more announcements on key positions in the days and weeks ahead.
"I think that, in a sense, putting together the Cabinet is like a jigsaw puzzle, and he wants to make sure that it represents the diversity of our country, diversity in perspectives, diversity in race, diversity in geography. And so all of those pieces are going to come together. And he will pick the best person for each position," Jarrett said.
Jarrett also said Michelle Obama plans to focus on the work-life balance when she becomes First Lady.
"She knows how hard it is to manage being a mom, a spouse, have a professional job. And she has a lot of support. She's the first to say, 'Look, I did it with all this support. What about the women out there who are doing it in such a challenging way?'" Jarrett said.
Watch the video of Jarrett's interview on 'Meet the Press' below.
Sunday, November 9, 2008 12:15pm EST / Posted by Andrew Bleeker
President-elect Obama calls for swift action on the economy in weekly Democratic Radio Address
Barack Obama delivered this week's Democratic Radio Address on Saturday morning, his first as President-elect.
In the address, President-elect Obama spoke about the need to put partisanship aside to solve the greatest economic challenge of our lifetime.
"Tens of millions of families are struggling to figure out how to pay the bills and stay in their homes," Obama said. "Their stories are an urgent reminder that we are facing the greatest economic challenge of our lifetime, and we must act swiftly to resolve them."
You can listen to the full address here.
Friday, November 7, 2008 06:20pm EST / Posted by Macon Phillips
President-elect Obama meets with economic advisers, calls for “swift action” on the economy
Barack Obama today held his first press conference as President-elect to call for "swift action" to fix the nation's economy.
"Immediately after I become president I will confront this economic crisis head-on by taking all necessary steps to ease the credit crisis, help hardworking families, and restore growth and prosperity," President-elect Obama said.
The press conference followed a private meeting of Obama's Transition Economic Advisory Board, a group of 17 leaders on economic issues that includes former U.S. Treasury Secretaries Robert E. Rubin and Lawrence E. Summers, Google CEO Eric Schmidt and Warren Buffett.
Watch the full video of President-elect Obama's remarks at the press conference below.
Friday, November 7, 2008 04:19pm EST / Posted by Dave Rochelson
Emanuel to be Obama’s White House Chief of Staff
President-elect Barack Obama announced yesterday that Congressman Rahm Emanuel (D-Ill.) has accepted his offer to join the White House as Chief of Staff.
"I announce this appointment first because the Chief of Staff is central to the ability of a President and Administration to accomplish an agenda. And no one I know is better at getting things done than Rahm Emanuel,” President-elect Obama said in a statement.
"During his seven years in the Clinton White House, Rahm was the point man on some of the most difficult issues, from the passage of landmark anti-crime legislation to the expansion of health care coverage for children. In just six years in Congress, he has risen to leadership, helping to craft myriad important pieces of legislation and guide them to passage.”
Emanuel, 48, served as a senior adviser to President Bill Clinton, and has represented the fifth congressional district of Illinois since 2002.
"I'm leaving a job I love to join your White House for one simple reason -- like the record amount of voters who cast their ballot over the last month, I want to do everything I can to help deliver the change America needs,” Emanuel said in a statement. “We have work to do, and Tuesday, Americans sent Washington a clear message -- get the job done.
"Today, once again, our country is piled high with difficulty, and Americans have put their trust in President-elect Barack Obama and Vice-President-elect Joe Biden to think and act anew. And Mr. President-elect, I promise that your White House will do everything in our power to rise to the occasion," he said.
Read the full statements below.
READ THE REST OF THIS STORY ...
Wednesday, November 5, 2008 04:08pm EST / Posted by Macon Phillips
Change has come to America
Last night, President-elect Barack Obama delivered the final speech of a presidential campaign that promised change in Washington:
Now the work begins to deliver on this promise by planning the agenda and priorities for the Obama Administration. As the President-Elect reminded the country:
What began 21 months ago in the depths of winter cannot end on this autumn night. This victory alone is not the change we seek. It is only the chance for us to make that change. And that cannot happen if we go back to the way things were. It can't happen without you, without a new spirit of service, a new spirit of sacrifice. So let us summon a new spirit of patriotism, of responsibility, where each of us resolves to pitch in and work harder and
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