Sunday, November 30, 2008

All About the Benjamins


The Obama camp raised a record amount of money during the campaign, and soon they'll be turning on those fundraising engines again.

Obama's campaign raised $639 million during the primaries and general election, more than half from donations of $200 or less.

They'll be using a similar strategy over the next month and a half as they collect money for the inauguration. Obama's transition team has made it clear that they want to stay as far away from lobbyists' money as they can.

John Podesta, co-chair of Obama's transition team, said he wants to make this "the most open and transparent transition in history."

Refusing money from lobbyists is a bit of a new tactic. President Bush raised a record $42.8 million for his second inauguration, with more than 90 percent of the donations coming from executives or corporations, according to Public Citizen.

There is about $9.74 million of taxpayer funds available to pay for Obama's transition, but CNN experts say that's not going to cut it.

But what about all the money that's left over from the campaign? We won't know exactly how much cash is in the tank until Federal Election Commission reports come out on Dec. 4, but as of mid-October, the Obama campaign had spent about $594 million.

That leaves about $45 million, right?

Wrong. No money from the general election can go toward the transition.

So what can Obama do with that money?

He can return the money to contributors, donate it to charity, form a political action committee or contribute to other candidates, PACs or party committees (as long as he stays within federal contribution limits).

He could also hold on to it for a rainy day and use it for a future federal campaign, say . . . a re-election bid.

I'm no finance expert, but if Obama does choose to hold on to about $45 million until he runs again in four years, that's a lot of interest!

The Safety Squad


Obama's expected security team: Hillary Clinton, Secretary of State; Robert Gates, Defense Secretary; Jim Jones, National Security Adviser (photoshop work mine)

President-elect Barack Obama will unveil his superhero national security team tomorrow at a press conference in Illinois. Sen. Hillary Clinton will be nominated secretary of state, CNN reports.

Obama is also expected to confirm that he is keeping Defense Secretary Robert Gates in his current post. Retired Marine Gen. Jim Jones is expected to be named Obama's national security adviser at the White House, a CNN source says.

Susan Rice and Arizona Gov. Janet Napolitanoas will join the super squad as United Nations ambassador and homeland security secretary. Eric Holder will round out the team as attorney general.

Obama has taken some criticism in recent weeks over his some of his Cabinet picks. Critics are saying that his picks so far have failed to reflect the change he promised during the campaign.

"What we are going to do is combine experience with fresh thinking. But understand ... the vision for change comes first and foremost ... from me. That's my job," Obama said last week.

But even some Republicans are excited for Obama's security team. Retiring Republican Sen. John Warner, a veteran member of the Armed Services Committee, released a statement last night praising all three of Obama's nominees . . . even thought they haven't been officially announced yet.

"The triumvirate of Gates, Clinton and Jones to lead Obama's 'national security team' instills great confidence at home and abroad; and, further strengthens the growing respect for the President-elect's courage and ability to exercise sound judgment in selecting the 'best and the brightest' to implement our nation's security policies," Warner said.

Friday, November 28, 2008

The Obama Dream Team


In Foreign Policy magazine's current issue, they're running a story about who would be best suited for Obama's cabinet.  Here are a few suggestions I found interesting/ amusing:

"Arnold Schwarzenegger: Secretary for Energy and the Environment
The Governator has proven himself to be a get-the-job-done environmentalist who commands international respect. To address this increasingly vital area properly, the next president must view energy and the environment as two sides of the same coin."  --Christoph Bertram (image from biographyonline.com)

"Sarah Palin: U.S. Ambassador to Russia
The governor’s taste for hunting, plain-spoken talk, and foxy boots—not to mention long years of staring at Russia from Alaska—ensure a special relationship with Putin."  --Gideon Rachman (image from savagepolitics.com)

"Al Gore and Van Jones: Energy Security Council Co-Chairs
Because global warming is going to be catastrophic, we need to end our dependence on fossil fuels while simultaneously creating well-paid, green-collar jobs. No other nation has the power to get others to the table, and nobody can do it better than the former vice president and the founder of the advocacy group Green for All."  --Katrina Vanden Huevel (image from solarnavigator.net)
see the full article here

Of course, some of the other names being tossed around (both for serious and comedic consideration) include Hilary Clinton, Warren Buffet, Michael Bloomberg, Bill Bradley, Robert Gates, Steve Forbes and Suasan Rice.  You can vote for your top picks here.

Interview with the President Elect

ABC aired a Barbara Walters special interview with President-elect Barack Obama and his wife Michelle Wednesday, the day before Thanksgiving.  The interview covered everything from the flailing economy to the selection of a "first-puppy" for the incoming first family.  Here are some highlights from the interview, which you can watch here.

On the economic crisis:  Many feel that with the economy in the state that it is "the fate of the nation is riding on [Obama's] shoulders."  With so much pressure on one man, he says his biggest fear is "that the economy is so weakened already."  But he says that his plan involves assembling the best team possible and come out full force in January.

On people's expectations:  He built his campaign on the promises of change and the hope of solutions to problems we've been accruing over the past eight years.  But do people expect too much out of Obama?  "I can meet the expectation of a government that is competent and honest and can make the daily lives of our citizens better," he told Walters.  "If people see progress, then I will have met expectations."  But, he reminds us that, "I am not a miracle worker."

On the auto makers' plan:  Despite the dismal situation of US auto makers, corporate heads are still taking risks and accruing expenses.  Obama suggests an "ethic of responsibility," where  "the least you can do is say I'm willing to make some sacrifices as well because I recognize that there are other people worse off."  As for tax hikes on the wealthy, the theme is a net tax cut for working families, whereas "people like you and me, Barbara, can afford to pay a little more."

On his cabinet choices:  Though Walters badgered Obama about his possible choices to fill his cabinet, he would only say, "No one would come to my press conferences if I spill the beans on 20/20."  As to the accusations that he would name those from the Clinton administration, "we need someone with experience in dealing with economic depression... the change comes from the person in the oval office."

On foreign policy:  Turning the attention to foreign policy, Obama suggested a plan that would transfer more troops to Afghanistan go on the offensive instead of remaining on the defensive together with a plan for withdrawing from Iraq.  Though he ceded that we have made some improvements in Iraq, he made sure to highlight that our job is to make sure we leave behind an iraq with structural integrity.  He also emphasized the fact that our focus should be on getting Bin Laden and to stay focused on Al-Qaeda strongholds in Afghanistan.

On racist threats against him:  "Those who voted for or against me overwhelmingly judged me on the basis of my platforms," he said in the interview.  "At the margins of any society are the extremists, but they're not at the heart of what america is."  He also cited his religious faith as carrying him through the day.

On his mother and grandmother:  Obama said that he knew his mom would not have been surprised at his victory, but most certainly proud of how he did it.  It would have been his grandmother, instead, who was surprised at the outcome.

On his previous aspirations:  Before deciding on running for president, he had wanted to be an architect, basketball player and judge.  "The one thing I know I didn't expect was to be president," he said.

On his wife:  "Michelle grounds me.  She is my reality check... a constant reminder of why do I do this."

Highlights from the rest of the interview:

Who has the last word in arguments?  Michelle.  "Whatever you say, honey."
[pause for a lipstick check and witty banter between the Mr., the Mrs. and Walters]
About the children: Sasha is 7 years old and Malia is 10.  Malia plans to sit at the desk where Lincoln signed the Gettysburg Address to write "important papers."
Yes, the girls will make their beds and clean their rooms.
Yes, the girls will attend private school.
Yes, the girls do write letters to santa.
No, the Obama's do not spank their girls: "We don't have to."
Inauguration speech preview: a theme ofrebuilding the sense that we're all in this together
Thanksgiving at the Obama's: 60 people at the house (mostly Michelle's family), and spent the day before at a soup kitchen

Parting thoughts from Barack Obama: "I want to remind people that as tough as times are right now... that we have been through tough times before, and the extraordinary blessings of being an American... that is the greatest of gifts that we have to give thanks for."

PS: Please, stop sending pictures of your dog to the Obama's: "We're getting more advice on this than on my economic policies."

photo courtesy of ABC news

Tuesday, November 25, 2008

Meet the Press...Secretary



Photo by New York Times

President elect Barack Obama may not be the acting president, but he sure is acting like it. In the last few weeks he has announced many of his staff and cabinet apointments. Notable staffers already include Timothy F. Geithner as Treasury Secretary, Rahm Emanuel as White House Chief of Staff, and now Obama has picked Robert Gibbs to be his press secretary. Gibbs will be the man in between Obama's administration and the world for the next for years.

President Bush has shows just how difficult the job can be after several of his press secretaries resigned. Scott McClellan even wrote a scathing memoir denouncing the Bush administration and his role in it. The Bush administration wasn't exactly a role model for good press relations, and hopefully the press can look forward to more candor and access to the president during the next (at least) four years.

Some insiders have suggested that Gibbs has an uneven temperament which could be a problem when he is a press secretary, a job which requires calm under pressure. However a spirited approach to his job has also earned Gibbs Youtube fame and support from many Democrats. In this clip from the Hannity and Colmes, Gibbs responds to accusations that Barack Obama is friendly with confessed terrorist William Ayers. He tells Hannity that "guilt by association" is a bogus notion, and goes to to ask Hannity if he is an anti-semite. Notice Colmes is silent throughout, until he steps in to defend Hannity at about 4:25 in.



Robert Gibbs has been with Obama since 2004, abandoning a post as Obama's director of communications at his Chicago headquarters to go on the road with the iconic democrat. He soon became a senior strategist, and was vital in shaping Obama's image and policies. In the last four years he has helped guide the rookie Senator through the quagmire of national politics and the trenches of presidential campaigning. According to the New York Times, Gibbs was usually the last person Obama conferred with before addressing a public audience.

Before joining Obama's team he worked with Senator John Kerry and on various other political campaigns. Gibbs comes from Auburn, Alabama and graduated from North Carolina State University.

Getting to know Barack Obama























During election season, people scramble to educate themselves on the candidates' positions on a variety of issues -- healthcare, the war in Iraq, the economy, foreign policy in the Middle East, etc. In doing so, people try to get a sense of what each candidate prioritizes and values, ultimately hoping to understand the candidates' characters and ethics.

Now that the election is over, it's time to really get to know our new president. And I don't mean his latest stance on the economy or who he's chosen to be his chief of staff. I've compiled a list of little-known facts about Barack Obama in order to get to know the president elect as a person -- his interests, favorite sports, foods, etc. Enjoy!


Nickname:
Called "Barry O'bomber" by his fellow high school basketball players in Honolulu
Collection: Spider Man and Conan the Barbarian comics








Favorite Drink: Black forest berry iced tea
Reads: He has read every Harry Potter book, though his favorite book is Moby-Dick by Herman Melville










Languages:
Speaks Spanish
Working out: He can bench press 200lbs
Favorite movies: Casablanca and One Flew Over the Cuckoo's Nest










First Date:
He took Michelle to see the Spike Lee film Do The Right Thing
Favorite games: Scrabble and poker
Favorite television shows: Mash and The Wire








Favorite artist: Pablo Picasso
Favorite food to cook: Chili
Favorite musical artists: Miles Davis, Bob Dylan, Bach and The Fugees









Unusual Foods:
He ate dog meat, snake meat, and roasted grasshopper while living in Indonesia
Favorite Games: Scrabble and poker








Favorite Meal: His wife Michelle's shrimp linguine
Worst Habit: constantly checking his Blackberry





For more information and interesting facts, read the whole story in The Telegraph here

Geithner's Gonna do Great

While some are questioning the speed at which Obama is assembling his cabinet, others say his quick tactics show dedication and determination. The financial crisis coupled with the Iraq war may be reason enough to work at a fast pace. The lame duck Bush adminstatration currently in office can do little more than continuing to avert the economic crises from plummeting farther into recession. Obama's coice for the Secretary of the Treasury is indicative of a president approaching the job in a cautious manner. By appointing Timothy Geithner, the current New York Fed chief as Henry Paulson's successor, Obama chose someone who is extremely familiar with the crisis and the financial industry as a whole. Although an unexpected choice, Wall Street guru's have known and worked with Geithner for years so choosing someone on the inside of the industry was a smart move. Stocks rose for the first time in weeks after the announcement that Geithner take over where Paulson has left off. With so many unknowns revolving around the meltdown of Wall Street, it's comforting to know that Geithner will enter office with the experience and knowledge needed to tackle the crisis and veer it away from a recession.

The Associated Press released this video elaborating on the positive day on Wall Street:

"Wall Street is ending a volatile week with an unexpected jolt of confidence following reports that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. (Nov. 21) "