Morning Briefing for January 14, 2009 From Red State
By Erik Erickson @ Redstate.com
Here’s this morning’s briefing of all the news you should be paying attention to.
1. Associated Press Gets Ben Bernanke’s Statement Wrong: The AP says Fed chief Bernanke thinks Obama’s stimulus package would “lift economy.” That’s not what Bernanke thinks.
2. Barack Obama Re-Interprets TARP: TARP was intended to buy up troubled assets and help deal with the liquidity crisis. Obama wants to turn it into a welfare program.
3. Joe Biden Says Obama Embracing Bush Plan in Iraq: Maybe he misspoke, but Joe Biden makes it clear the new administration will steer the same course as the outgoing guys in Iraq.
4. Barack Obama Cooks the Books: Obama is intentionally painting a doomsday scenario — either to pave the way for huge tax increases, or to make himself look like a miracle worker even if things get much worse from here on out.
5. Democrats Reintroduce SCHIP: Their plan is a budget buster that will raise taxes and expand the program beyond taking care of kids.
Read the rest here
Here’s this morning’s briefing of all the news you should be paying attention to.
1. Associated Press Gets Ben Bernanke’s Statement Wrong: The AP says Fed chief Bernanke thinks Obama’s stimulus package would “lift economy.” That’s not what Bernanke thinks.
2. Barack Obama Re-Interprets TARP: TARP was intended to buy up troubled assets and help deal with the liquidity crisis. Obama wants to turn it into a welfare program.
3. Joe Biden Says Obama Embracing Bush Plan in Iraq: Maybe he misspoke, but Joe Biden makes it clear the new administration will steer the same course as the outgoing guys in Iraq.
4. Barack Obama Cooks the Books: Obama is intentionally painting a doomsday scenario — either to pave the way for huge tax increases, or to make himself look like a miracle worker even if things get much worse from here on out.
5. Democrats Reintroduce SCHIP: Their plan is a budget buster that will raise taxes and expand the program beyond taking care of kids.
Read the rest here
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