Monday, November 24, 2008

CITIZEN ALERT v3.294
THE "O" DEAL

Today President Elect Obama is planning on unveiling his Economic Dream team to get us out of this mess with an "infusion of money for infrastructure projects, new environmental technologies and tax cuts for low- and middle-income taxpayers." The DOW is currently up 240 points, let's see how it reacts to Obama's "New Deal" by close of day.

It's already gotten a preliminary thumbs up from appointments of Timothy Geithner as treasury secretary and Lawrence Summers as head of the National Economic Council as well as New Mexico Gov. Bill Richardson as his commerce secretary. Look for Congress to have a recovery package all laid out for him to sign the moment he steps into the White House on Day 1.

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