It’s the day after President Barack Obama’s prime time news conference and two quotes that appear to have legs carrying over to today are:

“This is a big ocean liner, it’s not a speedboat, it doesn’t turn around immediately.”SEYCHELLES

And, in response to why he waited days to express anger at AIG’s bonuses: “It took us a couple of days because I like to know what I’m talking about before I speak.”

Some non-negative economic news out. New U.S. orders for long-lasting manufactured goods unexpectedly rebounded in February, rising for the first time in seven months.

USA-HOUSING/MIAMIObama meets with NATO Secretary General Jaap de Hoop Scheffer and then goes to  Capitol Hill to try and sell his $3.55 trillion budget to Congress by making remarks to the Senate Democratic Caucus.