In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR
10:00 am || Receives Presidential Daily Briefing 11:05 am || Delivers remarks on fuel efficiency standards for work trucks, buses, and other heavy duty vehicles; Springfield, VA 2:05 pm || Meets with Treasury Secretary Geithner All times Eastern Live Stream of Carney Briefing at 12:30 pm
IS THIS ADMINISTRATION IN LA LA LAND? As the market drops over 600 points, the Obama administration is AWOL and worse. First of all, where’s Geithner been all day? If the man who is supposed to be reassuring markets said anything, I haven’t seen it. Instead, he announced Sunday that he’s staying on the job, and gave an interview the same day with John Harwood
UPDATE #2: Running the Carney briefing here too, with education aides leading it off. UPDATE #1: Delayed until 1:30 pm ET. Anybody surprised? Obama apparently will hit both the S&P downgrade and the deaths in Afghanistan. These events have now concluded.
Last week, the White House said the Japanese tsunami was partially to blame for the sorry state of the U.S. economy. While this provoked a certain amount of laughter, it is perhaps not quite as funny as several other reasons for the continuing downturn that appear on a secret White House list of excuses. White House Dossier has obtained a copy of the list, and
China said over the weekend that the United States needs to “cure its addiction to debts.” Right message, wrong messenger. Just sayin’.
Treasury Secretary Geithner announced that he will stay at Treasury. August is, as usual, the worst month for President Obama. So Obama is stumping with a new urgency. But his mid-month Midwestern bus caravan might not be the smoothest of rides. In a sign of the narrative the White House will offer, outside Obama adviser David Axelrod and Sen John Kerry (D-Mass.) each said said S&P had performed a “Tea
“I told S&P that we had set up a commission to deal with this very problem, and yet somehow they still went ahead and downgraded us.” – Treasury Secretary Geithner A note from our attorneys: This is not a real quote.
10:00 am || Receives Presidential Daily Briefing 6:40 pm || Delivers remarks at fundraiser #1; private residence in Washington 7:40 pm || Delivers remarks at fundraiser #2; St. Regis Hotel, Washington All times Eastern Live Stream of Carney Briefing at 1:30 pm