Thursday, April 23, 2009

Credit Card users


President Obama announced Thursday that he is determined to get a credit card law that abrogates the tricky fine print, sporadic rate increases and late fees that give millions of people stress. Obama also said that his economic advisers will look in to the numerous proposals and work with Congress and the industry. He made it very clear that he wants to sign a bill into law.

Thursday, April 16, 2009

Obama's making millions last year


President Obama and his wife Michelle are millionaires from his best-selling books. All of the profit came from Obama's best selling books. "Dreams from My Father" and "The Audacity of Hope" brought in about $2.5 million last year. I never knew that Obama was making millions before becoming our president.

President Barack Obama meets with Mexican President Felipe Calderon


Obama is addressing a security threat on America's border. Obama arrived in Mexico for a diplomatic mission to come out with an agreement on drugs and guns with a our neighbor, Mexico. President Calderon said "In order for Mexico to grow and prosper, Mexico needs the United States' investments, and the United States of America needs the strength of the Mexican labor force." Hopefully this will help our situation on the war on drugs and help us out in the future.

Thursday, April 2, 2009

G-20


Obama met with the heads of industrial countries that met in London on steps to restore growth and prevent a crisis like this from happening again. Obama spoke after G-20 leaders pledged an additional $1.1 trillion in financing to the International Monetary Fund and other global institutions and declared a crackdown on tax havens. Obama called the one day London gathering historic because of the challenges the world faces in fixing the economic crisis that's wreaking havoc on every country.
Publish Post

Wednesday, April 1, 2009

Obama's meeting with the Queen of England


The Obama's traveled to England to meet with the Queen and her husband. They all exchanged gifts that they bought for each other. The Obama's gave the Queen a personalized iPod with video footage of her 2007 visit to Washington and Virginia. In return the queen and her husband, Prince Philip, gave the Obamas a signed portrait of themselves. Who knows if they talked about politics and our current crisis? Maybe it was just a welcome visit to the Queen of England.

Wednesday, March 18, 2009

Obama trying to stop bonuses in AIG

Barack Obama is heading to California to face questions over the AIG executive bonus scandal. These bonuses were to give $165 million to executives that has made the company bankrupt. I think that it is outrageous to even think about giving the executive that much money for the position they put us in today. If they used the money correctly we wouldn't have to give them a 165$ bonus. Obama also said Treasury Secretary Timothy Geithner who will be handling the situation with AIG. Hopefully he will come up with a solution to not give these executives money for their bad mistakes putting the company in bankruptcy.

Thursday, March 5, 2009

Obama blamed for Stock Market low?


Since November 4, Election Day, the Standard & Poor's 500-stock index is off about 25 percent, and since January 20 the "500" is down 15 percent. I honestly don't think Obama is to blame for this stock market disaster. He came in to presidency in a bad time and just needs to fix things little by little.