November 6, 2009

Mark the Date

By Tom Bruner
This coming Saturday, November 7, is an auspicious anniversary. It was on this day in 2008 that President-Elect Obama held his first press conference and introduced the world to the Office of the President Elect, complete with official-looking logo. President-Elect Obama addressed the world from behind the President Elect podium at least six times, generally indicating what he expected the outgoing administration to have done by the time he took office, like spending half of the TARP funds that he had helped secure the previous month.This is a good time to reflect on how far we have come. A lot of the TARP money was used to buy GM and Chrysler, among other things, and some went to help banks buy treasury bonds. Some made its way to small businesses. We may not see some of that money again, so Saturday would be a good time to reflect on what a great time we all had spending it. Several million more of us have enough time on our hands now to reflect on whatever we want.But too much...(Read Full Article)