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The Obama Timeline

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Harconen
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« Reply #120 on: July 29, 2009, 02:50:08 pm »

            Federal Reserve Board Chairman Ben Bernanke appears on CBS’s 60 Minutes on March 15 and says the recession might end in 2009 if banks lend more freely again and the financial markets start working more normally. (To some critics Bernanke’s remark is about as astute as, “The blizzard might end if the wind dies down and it stops snowing.”) Bernanke cautions, “We’ve seen some progress in the financial markets, absolutely, but until we get that stabilized and working normally, we’re not going to see recovery. But we do have a plan. We’re working on it. And, I do think that we will get it stabilized, and we’ll see the recession coming to an end probably this year.” Bernanke also warns that the unemployment rate of 8.1 per cent will likely continue to climb. [1740]

            Obama’s March 16 Rasmussen Presidential approval index is +4, his lowest rating to date. The +4 represent the difference between those who strongly approve of Obama’s performance (36 per cent) and those who strongly disapprove (32 per cent). [1739]

            Obama names Van Jones to a newly created position as special advisor on “green” jobs. Jones is an admitted radical communist and Black Nationalist, and is the founder of Standing Together to Organize a Revolutionary Movement (STORM). [2323, 2324]
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