Obama: I am grateful for the extraordinary talent of these men and women….
3.6 million Americans wake up every day wondering how to provide for their children….
The situation could not be more serious…
Now is the time for congress to act…
This is not an abstract debate…
Americans are counting on us. We are here to work for them….
The problem is accelerating not decelerating….
Half the jobs lost have been lost in the last couple of months…
Americans did not choose more of the same in November.
they sent us here to make a change.
They expect us to act…
there are no silver bullets…
A bill is absolutely necessary…. We can continue to improve upon it…
We need to repair our infrastructure and achieve energy independence…
This process is just the beginning…
Put simply I created this board to put voices forward beyond the Washington echo chamber….
The board is headed by Paul Volcker…he has steered the economy through some of the worst economic times…
we have Austin Goolsby…one of the brightest economists who has advised me for some time…
I look forward to their inputs as we jump start the economy…
Volcker: We all share a sense of urgency…I can not imagine the congress will not share this same sense of urgency….
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Headlines:
Pershing Square Down Large. William Ackman tells investors losses mount to 89.5%
Moderates seek approval of stimulus bill
World Exchanges close firmly in the green
Editorial on Obama’s Leadership
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