January 16, 2009 - 10:00 am
News Feed: National

Morning Briefing for January 16, 2009

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1. The Obama Tax Cuts Are Just Bait for the GOP

Obama’s whole model is to lead by being unthreatening. He’d rather have someone else make the tough decisions. He figures that tax-cut proposals will work like catnip on Republicans in Congress. Then they’ll have the big fights with the Congressional Democrats that Obama would prefer not to have.

2. TARP II Demands Real Debate

The entire rationale on which it was presented to Congress was thrown out within days of its passage. To date, it has become apparent that the plan has not achieved one of its pivotal goals – making credit available to individuals and businesses.

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