[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/POLITICS/07/16/obama.naacp/art.obama.gi.jpg caption=" President Obama will address the NAACP at its annual convention Thursday night."](CNN) - One hundred years after the birth of the NAACP, the civil rights group welcomed the first African-American president.
President Obama spoke before the annual convention Thursday night in New York, the city where the organization was founded.
"What we celebrate tonight is not simply the journey the NAACP has traveled, but the journey that we, as Americans, have traveled over the past 100 years," Obama told the crowd.
The excitement over Obama was in stark contrast to the reception of former President Bush, who had a strained relationship with the NAACP and declined the group's invitations for five years.
Bush spoke before the NAACP in 2000, during his first run for the presidency, but he did not make another appearance until 2006.
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/26/art.volcker1.gi.jpg caption="Volcker will head a new Obama economic team."](CNN) - Former Federal Reserve Chairman Paul Volcker will head a new Obama administration economic advisory team, two sources close to the transition confirm.
Obama senior advisor Austan Goolsbee will be the chief economist on board. The group is expected to exist for two years, but could be extended beyond that point. The 8-16 people involved will meet roughly once a month.
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/24/art.romer24.cnn.jpg caption="Romer was named to Obama’s economic team Monday."](CNN) - CHICAGO, Illinois (CNN) - Sources close to the Obama transition team say Berkeley Economics Professor Christina Romer will be the Chair of the President's Council of Economic Advisers.
What makes this selection more interesting than some of the other Obama picks is she's a female, a California academic, and a Washington outsider.
An important distinction is that this is different than the job Lawrence Summers is expected to get as director of the National Economic Council.
The Council of Economic Advisers is a group of economists, including three who are appointed by the president and need Senate confirmation, who advise the president on economic policy.
ST. LOUIS, Missouri (CNN) - A sampling of the way campaign surrogates were spinning Thursday night's VP debate:
McCain spokesman Tucker Bounds:
"She was very deliberate, she was very concise."
"She exceeded expectations that were too low created by people who don't know her record or her abilities."
"She benefited from the media's quick judgment they made of her after a few interviews."
"She really stuck it to him."
"This is all about the middle class."
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Obama surrogate Congresswoman Debbie Wasserman Schultz:
"That was the pinnacle of the debate" when Biden got emotional talking about his family.
"She [Palin] was so cold, so insensitive that she didn't respond... A first response would be to acknowledge someone's loss. Instead she just pressed on with her talking points. She couldn't get out of her box, which shows how she has so little command of the subject matter."
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