Posts Tagged ‘Obama’

Washington – 14.01.09 – President elect Barrack Obama may have to start in office inheriting the bad legacy left behind by the Bush administration.  When the new President assumes office on January 20th, he will have two unfinished wars, deep economic recession, and budget deficits mounting to US $1 trillion to cope ... Full story

In one of the starkest warnings given out by president-elect Barack Obama he stated that the United States economy faces a risk of going on a downward spiral journey that could last for years if his initiated rescue plan is not implemented and supported to its fullest. His ... Full story

Under pressure from the president elect Barack Obama himself, the Senate Democrats hastily retreated on the accused Roland Burris as the successor to the Obama. According to Obama and the critics such a standoff was shedding negativity on the future administration.  Even though no formal agreement ... Full story

Barack Obama has warned the auto industry not to take undue advantage of the lifeline thrown at them by the government in these difficult economic times. The government has promised to support struggling auto industries with billions of dollars so as to help them get out ... Full story

Friday, Dec 19 – In his latest bid to revive the sinking US economy, Barrack Obama aims to place $850 billion stimulus financial plan before the Congress next year. His bid comes on the wake of the US economy sinking into recession, massive growth ... Full story