Tales from the Trail

The First Draft: Economy steadying?

August 27, 2009

Slowly but surely, more economists and experts are expressing some optimism about the economy, saying the worst might be over. New indicators released this morning support that sentiment.USA-UNEMPLOYMENT

The First Draft: Obama’s travels of no help at home

July 9, 2009

President Barack Obama remains hard at work at the summit of G8 wealthy industrialized nations in Italy on Thursday, while his top domestic initiatives stumble and misfire at home.

Obama talk on economic troubles turns to religion

April 14, 2009

When things are down and out people tend to go in search of higher powers.

And President Barack Obama is, after all, a person (and does not walk on water like some fans might believe).

Good Friday: Obama discusses economy

April 10, 2009

It’s Good Friday and U.S. financial markets are closed, but the government is open for business.

First draft: Back home, back to the economy

April 9, 2009

Back from his first international tour, President Barack Obama jumps back into his FINANCIAL/MORTGAGESgovernment’s efforts to help the struggling American economy.

First draft: New wax likeness of Michelle awaits Obama

April 8, 2009

If a bleary-eyed President Barack Obama, tired after a whirlwind 8-day tour of Europe with a stop in Iraq, accidentally wandered a few blocks away from the White House he might be surprised to see his wife Michelle all dressed up in a red and black outfit complete with pearls.

First draft: Obama slips into Iraq

April 7, 2009

OBAMA-TURKEY/After calling for Middle East peace and saying he believed in a dialogue with Islam, President Barack Obama ended his first international tour with a surprise trip to Iraq.

Obama laughter: ‘punch drunk’ or ‘gallows humor’

March 24, 2009

The Internet is abuzz over what to make of President Barack Obama’s laughter during a CBS “60 Minutes” interview that aired Sunday.

First draft: Michael Phelps takes cue from politicians

March 13, 2009

Take note politicians. Michael Phelps might have some pointers for you.

PHELPS/He won eight gold medals at the Beijing Olympics, but swimmer Phelps sounded more like a politician than an athlete in a morning TV interview today — repeatedly admitting he had made mistakes but sidestepping any direct admission that he had smoked marijuana.

Thinking about the U.S. economy? It helps to be a stool maker

January 29, 2009

WASHINGTON – Trying to figure out where the Obama team is going on the economy? It probably helps to be a stool maker.
 
The $825 billion stimulus bill moving through Congress “is just one leg in a multi-legged stool,” the president said during a visit to Congress this week.
 USA/
Reporters have been trying ever since to figure out exactly how many legs are on the economic recovery stool.
 
“Is it a three-legged or a four-legged stool?” one reporter asked White House spokesman Robert Gibbs during a briefing Thursday. And, “What are those legs specifically?”
 
“I think roughly you have, whether you’re talking about stools or pillars or what have you, three main areas,” Gibbs said. “You have a Recovery and Reinvestment Plan, which is moving through Congress. You have a financial stability package. And you have financial re-regulation.”
 
“I don’t know that it’s tremendously pertinent to get caught up in whether there are three stools, three legs on this stool or four, or rungs, or what have you,” he said.
 
“I think the American people understand that we have to deal with … each of these in order to move the economy forward.”
 
Then Gibbs added a complication: ”I’m not sure … which leg housing is.”
 
But he sought to reassure the American people.
 
“You may not understand which leg of the stool you’re on, but you understand it’s a problem that has to be dealt with.”
 
What about the “international leg of the stool that was discussed by the G20 here … people say that it’s not moving anywhere,” asked a reporter, referring to a group of industrialized and major developing nations.
 
Gibbs said more detail on the international leg would be forthcoming as the G20 meeting in London in April draws near.
 
Reporters were not entirely satisfied with the level of detail coming from the White House spokesman.
 
“I’m wondering,” said one, “when you’re going to show us a little more leg.”
 
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