Tales from the Trail

Washington Extra – pain relief

September 3, 2010

Just a few quick thoughts ahead of the Labor Day weekend. President Barack Obama plans to unveil a package of measures to stimulate hiring and the economy next week, although we are assured this will absolutely not be a second stimulus. I guess that means it won’t have a major price tag attached, in terms of its effect on the deficit. But you also have to wonder how much effect it will have on the economy, even if Obama manages to get any of it through Congress. BAYER

Washington Extra – No victory lap

August 31, 2010

President Barack Obama will not be running a “victory lap” when he addresses the nation on Iraq this evening. Quite rightly, he points out that there is still a lot of work to be done to make sure Iraq “is an effective partner for us.” OBAMA/

Washington Extra – summer reading

August 20, 2010

While President Barack Obama went book shopping on Martha’s Vineyard and bought a novel about a family from the Midwest –“Freedom” by Jonathan Franzen — Vice President Joe Biden was out in the Midwest talking the talk in St. Louis. OBAMA/

Washington Extra – No Regrets

August 18, 2010

President Barack Obama’s a pretty smart guy.

OBAMA/Coatless, the sleeves of his white shirt rolled up, microphone in hand, bottled water at the ready, he fielded questions for an hour from ordinary folk perched on picnic tables and settled into Adirondack chairs in the leafy backyard of Ohio natives Rhonda and Joe Weithman in Columbus.

Washington Extra – homing in on the American dream

August 17, 2010

Sounds like people had plenty to say about the future of Fannie Mae and Freddie Mac at a Treasury forum today. For example, Bill Gross of PIMCO, who oversees more than $1 trillion in assets, called for a massive program to refinance mortgages at low rates as a way to lift the economy – a more sweeping recommendation than Treasury organizers had anticipated. “It is not tenable to leave in place the system we have today,” Treasury Secretary Timothy Geithner acknowledged, but said the government must still have some role. USA-HOUSING/

Washington Extra – cautionary tale

August 13, 2010

President Barack Obama signed a $600 million bill to strengthen border security, and just to make sure the message got through, Homeland Security Secretary Janet Napolitano took the podium at today’s White House media briefing. Immigration has always been a tough political issue, and in an election year no great strides are expected on major reform before the November vote. “It cannot only be done by Democrats. The Republicans need to come to the table,” Napolitano said.

Washington Extra – Stormy weather on economic front

August 12, 2010

A new round of extremely violent thunderstorms rolled through Washington this morning and brought with it more stormy economic news. The latest hiccup to what President Barack Obama had hoped would be a “recovery summer” was the news that filings for unemployment benefits rose by 2,000 to a seasonally adjusted 484,000 in the week ended Aug. 7.

Washington Extra – In the heart of Texas

August 9, 2010

President Barack Obama took his attack on the economic policies of George W. Bush to his predecessor’s home state of Texas today, at a pair of Democratic fundraisers.

Washington Extra

August 5, 2010

As the administration focuses on Iran, we take a look today at the fallout – a disturbing deterioration in relations between the United States and Brazil.lula_brazil

Washington Extra – Obama’s BlackBerry 10

July 29, 2010

Tempers ran high in the Senate today as Republicans blocked a $30 billion Democratic plan to help community banks boost lending to small businesses. Democrats are fast running out of time to show they are doing something to cut unemployment ahead of November’s elections, but this is just the latest bill to founder on objections from Republicans and some centrist Democrats, who argue extra spending should be covered by cuts elsewhere in the budget.