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Barack Obama

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  • Fratto: Regulatory Reform Redux: Be very afraid... Thursday, 26 Feb 2009 | 4:19 PM ET

    float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg110010000truehttp://msnbcmedia.msn.comfalse1Pfalsefalse left/CNBC/Components/Images/spacer.gif1107500lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalse Tony FrattoFormer White House SpokesmanCongress has been asked to do some very painful and unpopular things in the current crisis — like approving $700 billion financial rescue package — and they'll be asked to do more. And if members of Congress are asked to do something painful, your can be sure they'll find a way to share that pain.

  • Stop Trading!: The Right Price for McDonald's Thursday, 26 Feb 2009 | 3:32 PM ET

    Plus, Cramer talks insurers, health care and President Obama's Medicare changes.

  • Commentary: Listen, Feds: Leave UBS Alone! Thursday, 26 Feb 2009 | 12:23 PM ET

    New Home Sales hit a record low this morning, yet President Obama wants to make it tougher to buy a home. What is he thinking?

  • Wilbur Ross On Mortgages: We Need A Safe Harbor Thursday, 26 Feb 2009 | 12:08 PM ET

    The original Obama plan to stabilize mortgages effectively left out the $4 trillion of loans, mostly sub-prime and ALT-A, that are in private securitizations rather than backed by Federal agencies. Of these borrowers, one million are already undergoing foreclosure and two million more have missed at least two monthly payments.

  • Farrell: Stress Test - It's Subtle, But I Hope Real Thursday, 26 Feb 2009 | 12:02 PM ET

    The Government put out its stress test guidelines yesterday and the market seemed to like the details.

  • GM Open to Alternatives from Government: CFO Thursday, 26 Feb 2009 | 11:54 AM ET

    General Motors is open to an alternative viability plan, said Ray Young, the company’s CFO ahead of meetings between executives and U.S. Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers on Thursday.

  • Commentary: War on Wealthy Will Cost Us All Thursday, 26 Feb 2009 | 11:53 AM ET
    Virginia Mayo and Ronald Reagan in the 1949 film "The Girl From Jones Beach."

    New Home Sales hit a record low this morning, yet President Obama wants to make it tougher to buy a home. What is he thinking?

  • Obama's First 100 Days: What He's Done So Far Thursday, 26 Feb 2009 | 11:30 AM ET

    President Barack Obama Thursday released an outline of his budget for fiscal year 2010 that begins Oct.1.

  • Newbos: The Rise of America’s New Black Overclass Thursday, 26 Feb 2009 | 11:29 AM ET

    Tonight on CNBC we have an amazing documentary premiering called, “Newbos: The Rise of America’s New Black Overclass.” It is reported and hosted by my colleague and friend, Lee Hawkins of the Wall Street Journal and a contributor here at CNBC. The documentary is based on some of the reporting Lee has done for his forthcoming book of the same title.

  • Preparing for a Flood of Energy Efficiency Spending Thursday, 26 Feb 2009 | 11:05 AM ET

    The money in the Obama's stimulus bill is enough to pay for a tremendous expansion of efficiency efforts across the country. But as with other parts of the stimulus package, the efficiency plan is creating tension between spending the money quickly, to get rapid economic stimulus, and spending it well, to do the most good over the long run.

  • As Obama Proposes His Budget, What About Yours? Thursday, 26 Feb 2009 | 10:58 AM ET

    The President has a plan to dissolve the federal deficit within four years. Now it's up to us to plug our own personal deficits.

  • Investors Cheer More Money for Banks Thursday, 26 Feb 2009 | 10:34 AM ET

    Stocks shot up after investors cheered remarks from President Obama that the budget sets aside more money for banks if necessary.

  • To Pay for Health Care, Obama Looks to Taxes on Affluent Thursday, 26 Feb 2009 | 10:26 AM ET

    President Obama will propose further tax increases on the affluent to help pay for his promise to make health care more accessible and affordable, calling for stricter limits on the benefits of itemized deductions taken by the wealthiest households, the New York Times reports.

  • Obama's First Budget: Insiders Weigh In Thursday, 26 Feb 2009 | 10:21 AM ET

    As President Obama prepared to deliver his budget for fiscal year 2010 on Thursday morning, political insiders discussed the pros and cons.

  • GM Loses $84.7 Million A Day! Thursday, 26 Feb 2009 | 9:37 AM ET

    As expected, General Motors posted horrendous 4th quarter numbers this morning with the company losing $9.6 Billion. For all of 2008 GM lost $30.9 Billion making it one of the worst years ever for the auto maker.

  • Futures Cut Gains After Economic Reports Thursday, 26 Feb 2009 | 9:12 AM ET

    US stock index futures pointed to a strong open Thursday as investors grew more comfortable with the government's plans for the nation's banking system. But a pair of dismal economic reports made a slight dent in gains.

  • Market Tips: Don’t Be Tempted, Stick to Safe Havens Thursday, 26 Feb 2009 | 4:58 AM ET

    While Asian stocks were predominately lower Thursday on the back of Wall Street's overnight falls, European stocks rose on the back of the UK's government support for the banking sector.

  • A Bank Rally? Wednesday, 25 Feb 2009 | 7:52 PM ET

    Could it be? And if so, will it continue? Cramer says there’s reason to think it might.

  • Stocks Shed 1% as Obama Spooks Market Wednesday, 25 Feb 2009 | 5:18 PM ET

    Stocks declined Wednesday as a late warning from President Obama about stricter oversight for Wall Street knocked major indexes off their highs for the day.

  • House OKs $410 Billion Bill to Boost Domestic Spending Wednesday, 25 Feb 2009 | 4:56 PM ET

    The Democratic-controlled House approved $410 billion legislation Wednesday that boosted domestic programs, bristled with earmarks and chipped away at policies left behind by the Bush administration. The vote was 245-178, largely along party lines.