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Posts Tagged ‘White House

Obama answers questions in press conference after victory.

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Washington, D.C., November 6th, 2008, (Reuters).- In a press conference, president-elect Barack

Yes, the elected president Barack Obama can.

Yes, the elected president Barack Obama can.

Obama answered several questions about the post-campaign and the way his administration will be handled.

Q: Mr. President elect, do you think you and senator John McCain will be able to overcome your differences and work together for the sake of the nation?
A: Yes, we can.

Q: Can you and the Clintons work together to smooth differences within the Democratic party?
A: Yes, we can.

Q: Will you and Biden be able to prepare a Cabinet and a team before you arrive to the White House?
A: Yes, we can.

Q: Are the American people going to recover from this economic crisis?
A: Yes, we can.

Q: Can the US become again, not only a superpower, but a country admired by its values and principles?
A: Yes, we can.

Q: Do you think we can achieve victory in Iraq and Afghanistan?
A: Yes, we can.

Q: Do you think it’s possible for the US and our allies to dismantle Iran’s nuclear program?
A: Yes, we can.

Q: Can you work with Governor Palin as an advisor?
A: Ah… No, we can not.

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White House asks Americans go to into a $700B debt to help Americans who are in debt.

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WASHINGTON – The Bush administration is asking Congress to let the

President Bush speaking about his plan. "It's clearly a budget. It's got a lot of numbers in it."

President Bush speaking about his plan. "It's clearly a budget. It's got a lot of numbers in it."

government buy $700 billion in toxic mortgages in the largest financial bailout since the Great Depression, according to a draft of the plan obtained by The Associated Press.

The plan would give the government broad power to buy with tax payer’s money the bad debt of any U.S. financial institution for the next two years. It would raise the statutory limit on the national debt from $10.6 trillion to $11.3 trillion to make room for the massive rescue. The proposal does not specify what the government would get in return from financial companies for the federal assistance. When asked about this, the president said “Oppsie!”

“We’re going to work with Congress to get a bill done quickly,” President Bush said at the White House. Speaking fast so as not to discuss the details of the plan, he said, “This is a big package because it was a big problem. There’s no need to worry now on who’s to blame for this economy crisis, which really isn’t a crisis because the economy is sound solid, but we’ll manage to blame it on the terrorists eventually.”

Administration officials and members of Congress were to negotiate throughout the weekend in a non-disclosed spa-resort with casino on how to best use the taxpayers’ money in order to avoid dire economic consequences.

Bush said he’s making average citizens take on the biggest debt since the depression because he’s worried the financial troubles could “ripple throughout” the economy and affect average citizens. “The risk of doing nothing far outweighs the risk of the package, and over time we’re going to get a lot of the money back. It shouldn’t take more than 50 or 70 years.”

He added, “For some obscure reason which I can’t begin to phantom, people are beginning to doubt our system, people were losing confidence and I understand it’s important to have confidence in our financial system.”

“In my judgment, based upon the advice of a lot of people who know how markets work because I certanly don’t, this problem wasn’t going to be contained to just the financial community,” the president said. He said he was concerned about “Sesame Street” and that what happens on “Wall Street” affects “Sesame Street” right before one of Dick Cheney’s aides came to correct him.

Written by Flippyman

September 20, 2008 at 8:08 pm