CNN

Can't wait to see him being sworn in. what an excellent President he will be for the USA.

WWWOOOOOOOWWWWW go Obama '08-'16

Reagan raised taxes higher than any other president only he called it "REVENUE ENHANCEMENT" and we let him get away with it.
Shame on us!

Very smart move by Obama.

Lawrence Summers is the one Obama really wants on his economic team, but Obama doesn't want to subject Summers to the Senate politically correct lynchmob regarding Summers' comments about women in science. So Obama has appointed Summers to a job which does not require a Senate hearing.

Someone has given Obama very sound advice indeed.

bye bye america

President-elect Obama hasn't even taken office yet. So why the grilling on his choices? Lets give him a chance to see what they can do as a team.

I think that we will be hearing more stories like Sam has posted here.

at least he picked a DC 'outsider' ,for a change. with all the clintons and republicans he's picked, so far, i aint seein' much change in the future.

SAM – I THINK YOU ARE A FAKE JUST LIKE "JOE THE PLUMMER" YOU MUST HAVE BEEN PLANNED ON THE BLOG BY THE REPLUBLICANS BECAUSE OBAMA IS NOT AND I REPEAT NOT!!!! IN OFFICE YET SO, WHAT ARE YOU TALKING ABOUT. GETTING OUT OF THIS MESS IS NOT EASY, PLEASE ALL OF YOU GIVE THE MAN TIME JUST AS YOU WOULD WANT SOMEONE TO GIVE YOU. LOOK IN THE MIRROR AND ASK YOURSELF HAVE YOU EVER CLEARED UP A MESS OVERNITE DONE BY SOMEONE ELSE. AND SURELY ENCLUDED MYSELF ANSWER IS NO!!!!!!!!!!!!!

Yeah, yeah, yeah...Obama...the NOT President has already reneged on all his campaign promises and has failed to bring change to Washington 60 days BEFORE he is inaugurated.

Isn't this boring to you yet?

Oh yeah, in case you weren't paying attention they leaked that Geithner would be Treasury Secretary on Friday and the markets shot up after a week of falling.

So, yeah...Obama...the guy who has no real job at the moment...is definitely doing a terrible job.

Some of you blow my mind.

bonnie in wilimington.....

did you read my post?

Where do I claim to have the answers? But based upon what I said....it should be clear that Obama doesn't either.

Perhaps you can finding a reading buddy to help you out with those difficult 5 letter words I used.

Let Obama do his job. It could never in a million years be worse than the two Bushes

I had Romer when I was at Cal. She's extremely bright and should "shake things up" a bit from the Wall Street insiders. The NY guys know the on-the-ground reality and Romer is more of an academic. She knows her economic and world history though. Should be interesting.

By the way, the best economic times were not during the Reagan administration. He started this "trickle down economics" and when he was governor of California ruined the education system there. Now his trickle down theory has ruined the nation. I'm so sick of people acting as if Reagan was such a saint. Bill Clinton was the only president with the ability and sense to balance the budget and the average citizen was much better off than in the Reagan or the Bush era. That is why there republicans lost after Reagan, the country was going down the tubes.

I think Romer is an excellent choice and Obama's cabinet is looking more impressive with each selection.

To Walter Gatlin, if more people approved of Palin, McCain would have won the election. McCain lost a lot of potential votes when he choose that nutter as his running mate, including mine. Seriously, try chewing on that and swallow.

Anonymous – your name should be "CLUELESS"! You actually think the best economic times were under Regan with his "trickle down economics"? Yeah...right...that benefited me a whole lot – NOT! Clinton showed us a balanced budget and Middle East peace. Obama has one hell of a mess to clean up – so go right ahead and kick the sweeper while he's trying to sweep up the dirt from the last eight years. MORON!

Wil Smith,

Even though it sounds nice. I do not think giving the bailout money to John Doe Taxpayers will solve the housing problems. Why? Simply put, too many people in this country are stupid. They will spend the money on things they do not need. Rather than pay off thier mortage, For example, Hummers, big TVs, vacations at high dollar places. They would spend the money as if it is Xmas, and not pay off the bills they should because sooner or later the government will bail out the bad loans.

I do not support the bailout to major companies, but also feel John Doe taxpayer has to be held responsible. Soooo, if money is to come to the public, if you have a mortage, it must be direct deposited tot hat loan. Anything left would be gravy and you can use it as you wish.

Walter Gatlin- Obama's Approval is 75%..GET THAT!!!

Up until this past election I had never voted for a democrat for this nation's highest office. But I felt I had not choice this time... and I am hoping that the next four years will move our country in the right direction. To expect everything to change overnight is unrealistic... a nice dream, but not going to happen.

It's time that everyone stopped the whining and bashing... we need to pull together as a country vs. the polarization we have been experiencing.

Maybe if the fear & hate had not been spewed so freely during the general election we might not have all this hate as we move forward.

Thanks to those who shall remain nameless for the garbage you spouted on the campaign trail – you sure did not do OUR country any favors

Sam...Sam...Sam...
All one can do is just sigh when reading things like what you said. You are so clueless. Please, the man isn't even sworn in yet, and already you have all the answers to questions that greater minds all over the world and from all perspectives are still trying to work through. You must be one of those folks who stand in front of the microwave and scream "hurry up". You might want to chat with Joe the plumber, he aspires to be an 'enlightened' citizen as well. Not to worry though, your name will be included when any benefits are identified. That's the good thing about our country, we try and take care of those who can't take care of themselves.

Give it a rest, people. President elect Obama is not even sworn into office yet, and is facing a lot of issues that Bush et.al. have kept hidden using the "national security" card. I think his choices so far have shown enormous thoughtfulness, and a desire to build a staff and cabinet that will THINK rather than just react.

By the way, one of you said something about stop hating on Bush, we elected him. I DIDN'T! I voted against him both times, and his father. My votes may not have counted because of the way the Republicans had the deck stacked, but I don't believe I elected him - you so-called conservatives did. We warned you, but you didn't believe us. Now, we HAVE elected someone who thinks, who considers, and who listens to even his opponents. Why not try living under a President whose main concern is not making billions for his buddies? You might find you actually like it!

LyonsPhilly...

I am sorry I questioned the man who took over 1100 dollars of my money for his phoney campaign.

I am not a leader as you surely must be. I only own my own company with 37 employees. So you please inform on what it is like to be President.

The man lied...plain and simple. He lied to get my money. He either lied or he really has no idea what to do with the economy. So don't jump on me for questioning how I was duped out of 1100 dollars.

I don't need to be spoken down to by someone who is probably at home eating bon bons right now watching Jerry Springer.

I am mad. I was used...I was lied to...and I am mad.

He picks experience candidates....it's a problem. He picks inexperience ones....it's a problem. Let him and his team get into office and then have something to say. But it' pretty strange that the ones complaining are the ones who can do jack s... for the country!

I am very impressed by Obama's decisiveness and speed at which he is appointing his Cabinet. I believe he referred to it as "deliberate haste" in his first press conference. Great term! Finally, we have grownups in Washington who are not afraid to make decisions, and to take responsibility for their actions. Too long we have had children batting the ball back and forth, pointing fingers and blaming everyone else for their mistakes. The buck stops here! Go Obama!

President Obama is putting together a dream team that will help the american people ,when you have a huge problem you bring the best
together I think we all should give him a chance I don't care who is in
office as long as we grt this economy going again,but one thing is for sure negativity won't help .

Right Roger, I'll bet you voted for Obama.. lol While I didn't vote for Hillary in the Primaries, I am glad that Obama is considering her for SOS post. The thing about these posts ( except SOS ) is that they can all be replaced if they aren't getting the job done. As for Obama saying he was going to raise taxes on capital gains and for anyone making over 250,000 per year, things have changed dramatically in the past few weeks, so it doesn't surprise me that he would have to take another look at this. I suppose all you Republicans think he should give bigger tax cuts to the top 5%? All those hedge fund managers, mortgage brokers, big bankers and investment bankers that caused this mess in the first place? Are ya nuts? They get to keep theirs and then get some of yours.

She won't last long...once Summer's gets in there and starts bullying all of the females as is his MO, she'll leave.

This is for Charles Walker.

Actually, the best economic times came during the Reagan administration. It was the greatest peace time turn around in the history of the country. Also remember that during the Clinton administration our military was drastically reduced, underfunded and treated with disdain. I know, because I was in during his full administration. Clinton increased taxes and decreased military spending to balance the budget. The greatest challenge and problem for the Bush administration was and is the war on terror. No other president has had to deal with a direct attack on home soil. The increased spending ties to that. We added new forms of government and increased military spending. We cannot, in these times, afford to cut the spending to our military. I hope that Obama recongnizes that.

I will admit that Clinton balanced the budget, but given Obama's plans, that won't happen with him unless taxes are dramatically increased. He is adding way to much new governement spending and were is the money coming from to pay for it?

This is to all the bloggers that are confused about the President-Elect's choices and question the reason he is holding off on raising taxes on the rich. I guess this would be a little confusing since you're not a leader nor will you ever be. Obama has a hard road ahead of him and don't need negative folks putting their two cents in. Show me the country you all have been leaders in.....

Clearly this appointment is to keep the Liberal Left Happy!

I wonder how much money came out of the VERY LIBERAL BAY Area.

I think we will see more "California Academic's" appointed!

As long as the Stock market reacts favorable we all win, other wise we all lose!

Chose wisely please!

One of Obama's cheif economic advisors is former Clinton Treasury Secretary Robert Rubin. He has been playing a key role in the Obama transition effort. Why is Obama taking so much economic advice from a man so tied to our current economic woes, particularly the collapse of Citigroup?

PLEASE STOP...... with the disrespect of the Clintons! During the EIGHT years of the Clinton Administration, America enjoyed the MOST prosperous years in history!

President-elect Obama, will choose whom he believes will do the BEST job for our Nation.

Regardless, of our political views, those of us who LOVE our Nation, must support our President-elect Obama. He can not reverse what I call the "Bush Disaster" overnight. He will need our help and we can start by stopping all the criticism!

Our Nation is already in deep trouble, now is the time to come together for the good of the Nation, we 'claim' to love! Its easy to criticize, but the mark of a true Patriot is setting EGO and ideology aside and supporting our leadership!

Obama is facing a disaster, unlike we have ever faced:

Over $10 TRILLION in Nation debt
TWO wars...... the one in Iraq, costing $10 BILLION a month!
A deficit for 2009....... of.....ONE TRILLION!
OVER a million Americans out of work!
Continuing problems with the banking industry...... and now the auto industry!

We need to revive that good old American "CAN DO" spirit, stop the fear and BELIEVE that our Nation's best years are ahead!

Is she a fox?

Is anybody else ready to admit that President-Elect Obama used each and everyone of us that donated our hard earned money to him. He is backtracking on all his campaign promises.

Obama is really going for a diversification in thinking in every issue area, along with gender and ethnic diversity. That type of internal debating amongst great thinkers will only help Obama reach solid, practical, common sense solutions to our nation's problems. This is good. We have a "thinking President", for a time that needs serious thinking.

At Least Obama is doing things, WHAT IS OUR LAME DUCK PRESIDENT DOING TO FIX THE ECONOMY? nothing taking going away photos, cant congress Impeach Bush and his entire Lame duck Administration and let Obama in early ?isnt the Majority of congress dems now cant they Impeach that god awful President of ours NOW?

Stacy @ 8:57
"Wait a minute, does she have ties to the Clinton Administration? That must be investigated!"

She probably does. Clinton was sort of influential inside the government there for a while.

A lot of the better advisers or experts on things that make them qualified for one position or another have dealt with the Clintons before, considering Clinton wanted the best and brightest.. the same with Obama. And, there are only so many people like that in Washington – it's logical that people who were part of a successful presidency would be considered when trying to build another one.

Also, one should really not have to explain this logic.

I'm commenting on the Bill Richardson appointment. I see alot of PUMA laughing and mocking Bill RIchardson for getting the Secretary of Commerce because in their eyes its not as important as Secretary of state well I have one word 'WRONG!!!!'. Let me give you what he'll be in charge of:

The mission of the department is to "promote job creation and improved living standards for all Americans by creating an infrastructure that promotes economic growth, technological competitiveness, and sustainable development." Among its tasks are gathering economic and demographic data for business and government decision-making, issuing patents and trademarks, and helping to set industrial standards.

Hmmmm so he will deal with JOB CREATION which is the most pressing issue of the WORLD!!!!!! so please stop talking out of ignornace. Oh yeah Professor Christina Romer for chair of the CEA another great pick by President-Elect Obama

Ties to the Clinton administration is a bad thing? Have you forgotten the best economic times came durin the Clinton administration? Granted ALL Presidents get more blame and more credit than they deserve, but still he left us with a surplus!!!!

And where did she come from?What do you call one "Giant Bank" with no competition.Answer,"THE FED",just like in the game,MONOPOLY.

I think she will add diversity to the administration. It's clearly obvious that President -elect Obama wants different perspectives from all economists. He's determined to get this economy moving again.

That's quite an impressive team of economic advisors he's forming.

To top all of that it’s a paid position with the Federal Government which carries benefits!

He's really putting together an impressive team whether they're connected to the Clinton administration (which translates to experience) or not.

Obama is doing a great job getting the very best people.

Give the Bail out Money to the American people at lease you know we will spend it and that way the Banks will come to the customers rather then customer going to the Banks that are really the real robbers here.

All this bail out money to these big companies are the major trouble. I was once for the bail out but now I see all these companies just stealing and lairs. We are giving billions to these companies and there are not loaning money to the American people they are raising our rates and buying other banks. The people are losing on both ends.
I have been with AlG auto insurance for 9 years , I have never had a claim with AIG in the 9 years and a few months ago a rock hit one of the head lights ofmy SUV and caused some small damage about $240. When I filed this small claim my rate when from $1060 annually to $1400 Annually. The claim was a little over $200 out of 9 years as a customer and within 2 month they increased my insurance $340 annually. I know many people dealing with the same problems as I am and AIG really can't give you an excuse why. We want our Bailout money back at lease then we can understand why rates are going up.

I am really upset and wanted to use a few other choice words to express my anger.
wilsmith24@yahoo.com

Any other information on her background? It is nice to note that she is a "Washington outsider," but what does that mean? Her opinion could be the same as other people that are inside Washington. Gender has little reflection on how someone thinks.

Christina Romer, an expert on tax cuts and recessions who is an economics professor at the University of California at Berkeley, to chair his Council of Economic Adviser. Yeah!

HRC is SoS; JN is Secretary of Homeland Security and now Christina.

Go Obama Go!

Now, let's hear an ongoing role for Sheila Blair. These are qualified women who will not only aid the country but be excellent role models for women.

Finally an outsider.
Obama's transsition team the more outsiders the better then insiders.
The insiders over the years have been the major problem.

Some people on the right will complain that Romer is not an example of change that Obama promised, but this pick is still impressive.

I am now convinced that the only way to appease the unhappy republicans is to name Dick Cheney as chief environmentalist, put Halliburton in charge of the economy, and Joe the Plumber in charge of national defense.

It is funny that obama kept giving out rumours in the news about his impending cabinet appointments to test the water. That shows his indecisiveness as a leader, and flipflopping as shown during the presidential race.

I have a question.....during the campaign Barry said he was going to raise taxes on those earning over $250,000. This was supposed to be good for our plunging economy. Now, he says he may have to wait on that.

??????

Anybody else confused.

Looks like Old man Mccain knew what he was doing and was telling the truth when he said it was bad for the economy.

Looks like Barry is a liar. Looks like I wasted another vote on so called "change"

That's an excellent choice.

The only reason you find Palin to be the worst of anything, is because you are an extreme liberal news orginazation. The AP reports Palins Approval at 67%. More than Obama! Eat that CNN!

unless its my wife doing the book and by the way she is honest, and trustworthy, I think these experts will screw the pooch, after all its the Professional Experts that put us in this position.

Great!

Now if all you Bush supporters would convince him to step aside early say 12/15 so the Obama team can step in and fill the leadership void that would be great.

We may not survive until 1/20.

Wait a minute, does she have ties to the Clinton Administration? That must be investigated!

He'll be a great president.