by Mark Silva
President Barack Obama will be talking to Wall Street this week, with a planned address on financial regulation at Cooper Union on Thursday.
And he will return to "Main Street'' next week, with a tour of Iowa, Missouri and Illinois on April 27 and 28.
The president plans meetings with workers, farmers, small business owners and local leaders on the questiong of "continuing to grow the economy,'' the White House says. He will be focusing on "the challenges rural Americans face,''' the White House says, and will "listen to their ideas for working together to turn the economy around.''
Details to follow, as they say.
The president started this "White House to Main Street Tour in the Lehigh Valley area of Pennsylvania in December and has traveled to Lorain County, Ohio and Savannah, Ga., "in an effort to spend some time outside of Washington and talk to American families about what they are experiencing during these tough economic times.''





Comments
The flat out bold faced lying coming from the Republican party nowadays is astonishing.
They helped to craft this bill, but now they say it needs to start from scratch.
McConnell meets with Wall Street execs, but says it isn't influencing his decision to obstruct the bill.
They objected to the bailout provision, but failed to note that the bailout fund is coming 100% from the banks themselves.
Democrats take out the bailout provision, but GOP says bill still needs to start from scratch. The GOP doesn't offer any alternative proposals to what's in the bill.
This isn't about preventing another financial meltdown, it's the GOP wanting to stop Democrats from passing any legislation, even needed legislation, before the midterm elections. It is 100% obstructionist politics, at the expense of the American people.
I wonder when the moment was when Republicans like Mitch McConnell realized they could go on TV and say water is not wet and get away with it? I really do. This sort of crap doesn't fly with Moderate Republicans. They like facts. They like knowledge.
Posted by: HHH | April 20, 2010 1:47 PM
HHH, the demented, deranged Loony Lefty formerly known as John E., I'm wondering where you cut and pasted this drivel from? Your drivel is wrong on so many fronts, such as the bailout provision being taken out. It's still there! GOP opposition, which even includes the moderate Sens. Collins, Snowe, Lugar, etc, is because it is a bad bill that does nothing to reform what it says it does (sound familiar to health care?) and provides the president the ability to shut down any business he wants.
This bill can get bipartisan support. It just needs to get into the world of reality.
Posted by: John D | April 20, 2010 2:30 PM
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Posted by: John D | April 20, 2010 2:30 PM
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Lil Johnny Cornflakes,
NO WHERE in the bill is there a provision that says Pres Obama can take over companies. And the bank bail out fund was to be paid by the banks themselves, you moron.
You need to pull your head out of the alternate reality that is the Right Wing Noise Machine (Faux News, AM Hate radio etc) every once in a while get some fresh air, Lil Johnny.
Posted by: HHH | April 20, 2010 2:50 PM
McConnell and his fellow Republican knuckle-draggers are just pathetic. Just yesterday they were calling the Wall Street reform bill "evil" and now that they realize the public isn't believing their usual lies and propaganda, they want to support it. Just sickening.
.
http://voices.washingtonpost.com/44/2010/04/mcconnell-softens-tone-on-fina.html?nav=rss_email/components
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Posted by: HHH | April 20, 2010 3:55 PM
Erwin Rommel had nothing on Obama.
The pincers are deployed: The finance reform bill is advanced, and the Goldman Sachs complaint filed.
Will Replicans be dumb enough to oppose the bill now?
We can hope.
If so, they will lose in Nov.
Posted by: ornery | April 20, 2010 6:20 PM
Ahhh, Triple H, the demented, deranged Lefty Loon formerly known as John E and Dumb Dumb Janet, Sen. Shelby is negotiating with Sen. Dudd on stripping the bill of the bailout and to move it forward so it can net bipartisan support.
And Triple H, who do you think will fund the $50 billion bailout that the banks have to pay? Why, their customers, you idiot!
Posted by: John D | April 20, 2010 6:54 PM
Let's look at the largest recipient of TARP funds and see what could have been done to prevent this.
http://online.wsj.com/article/SB10001424052748704671904575193910683111250.html
Does the current Dodd proposal have anything that reigns in Fannie and Freddie or does it give them more power?
Posted by: Terry | April 20, 2010 7:07 PM
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who do you think will fund the $50 billion bailout that the banks have to pay? Why, their customers, you idiot!
Posted by: John D | April 20, 2010 6:54 PM
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Lil Johnny Bafoon,
You really are a mental midget, aren't you?
The banks pay the fund themselves so that the next time the Republican leadership gets in power and let's the Wall Street criminals melt down our economy - TAX PAYERS AREN"T ON THE HOOK FOR THE BILL!
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http://www.youtube.com/watch?v=bOs47bKTZZs
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Posted by: HHH | April 20, 2010 8:07 PM
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Posted by: Terry | April 20, 2010 7:07 PM
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Poor wittle Poser Terri,
Still desperately trying to pin the Bush Republican economic meltdown on the Dems.....this time using crap right wing propaganda from the Murdoch Street Journal....hahaha!
You would think that trying to regulate the financial industry would be something the Republican party might want to be involved with, but that would be only possible if they are serious people who want to help govern and protect America. Fat chance!
REPUBLICAN MITCH MCCONNELL SUCKS UP TO WALL STREET:
http://crooksandliars.com/john-amato/mitch-mcconnell-sucks-wall-street-and-u
Posted by: HHH | April 20, 2010 8:18 PM
Posted by: John D | April 20, 2010 2:30 PM
Hey Word Jazz John D Baffoon, those are some real words wisdom. Throw a few more new spelling corrections at us.
Let's start with (sic) 'danglburry'. Go with it!
Posted by: C.Morris✧ | April 20, 2010 9:26 PM
Trickled On,
Just trying to squeeze a few facts in between you manure postings.
The mortgage meltdown started before President Bush took office as this September 30, 1999 article states:
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html?pagewanted=1
and this from the Village Voice, hardly a Republican favorite:
http://www.villagevoice.com/2008-08-05/news/how-andrew-cuomo-gave-birth-to-the-crisis-at-fannie-mae-and-freddie-mac/
Posted by: Terry | April 20, 2010 10:03 PM
Triple H, the demented, deranged Loon from the Left formerly known as John E and Dumb Dum Janet, as far as those getting cozy with Wall Street, how does Obimbo's nearly $1 million in contributions from Goldman Sachs equate into your alternative reality world of pyschosis, you Little BUFFOON?
Posted by: John D | April 20, 2010 11:31 PM
The president plans meetings with workers, farmers, small business owners and local leaders on the questioning of "continuing to grow the economy,'' the White House says. He will be focusing on "the challenges rural Americans face,''' the White House says, and will "listen to their ideas for working together to turn the economy around.'' ~ M.S.
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This is what the Slick Clintons would reference as “Fly-over Country”.
Mark Silva, ~ great job with the quotation marks.
“Continuing to grow the economy”???
Yes, what the hell would that be.
“the challenges rural Americans face,”
Django can provide the correct answer to that one ~ Finding a way to survive n Amerika until the mid-term elections in November. It’s taking too long.
“listen to their ideas for working together to turn the economy around”
Yeah, like he listened to any of the Republican ideas on the Healthcare Load of Crap legislation. That meeting with the Republicans was the biggest Kabuki dance ever. All Mustapha did was act the part of the Harvard Elitist that he is.
Now, don’t nobody go and get Django wrong. Elitists are great if you really don’t have any real problem that you are trying to solve. And a Harvard Elitist, that’s the King Bee of the whole gang of Elitists, the Elite Upper Crust, if you will. There is nothing more elite than that.
Great job with the quotation marks, Mark Silva, whether you meant to, or not. This is some Brave New World we got going on up in here.
Posted by: Django - N Exile In/Around the 30th Parallel | April 21, 2010 2:39 AM
It sure as hell hasn't been an easy week for poor old Mitch, that's for sure! Not only was he caught red-handed parroting Frank Luntz's talking point memos - almost word for word - he has now been exposed for all time and eternity for what he truly is, and what the history books a century in the future will remember him as being: a prostitute for the plutocracy. After the events that have transpired this week, if his constituency have not yet awaken to the fact that their senator is a corrupt political hack who is in the back pocket of a cabal of Wall Street bankers and financiers, then they are utterly beyond hope.
Earlier this week in New York, Mitch had a meeting with the pimps he struts his stuff for - the hierarchy of Wall Street and the banking industry. It was at this meeting that he developed a political strategy for defeating regulatory reform legislation that they could approve of. He knew he had one hell of a tightrope act to perform once he got back to Washington. On the one hand he had to do his pimp/master's bidding - and do it right. On the other hand he had to make his constituents believe that he was some kind of prairie populist, man-of-the-people! It blew up in his face. He has now found himself walking in a politically untenable minefield. It sure as hell wasn't a good week to be Mitch McConnell. I almost feel sorry for the hideous little freak.
Mitch has been frantically trying to warn us that the proposed regulatory reform bill will harm the American people! He's telling us that it will virtually guarantee perpetual bank bailouts far into the future! That is a lie and he knows it. In fact the bill is a pathetically watered down piece of legislation that will attempt to end the plunder of America's economy that these thieves have been engaging in for three decades. You see, Mitch doesn't give a damn about his country; he doesn't give a hoot-in-hell about his constituents. All he cares about are the corporate pimps that he is beholden to. Mitch really puts out for these guys, doesn't he? He's their ho.
http://www.tomdegan.blogspot.com
Tom Degan
Posted by: Tom Degan | April 21, 2010 9:15 AM
"Too big to fail"? Who invented that one?
Do you know that, back in olden times, there used to be a thing called "antitrust law"?
It was almost completely done away with starting with Ronnie's packing the courts with people determined to demolish itin favor of the multinational corporations.
Even now, no one has the intellectual horsepower to re-apply its powerful core principles.
So they have to come up with kindergarten-type slogans like "too big to fail".
Which of course begs the question.
How do you know when something has reached the size that it's "too big to fail"?
Why, when its former CEO, now Treasury Secretary, walks into a meeting of the Congressional "leaders" and tells them that unless they bail it out, Western Civilization will come to an end.......
Posted by: ornery | April 21, 2010 11:11 AM
John D
Triple H. got it from Huffington Post.
Obama has forgotten about Main Street but Main Street has not forgiven Obama. Six months that's all the time the loony liberals have left.
Posted by: Crooks_In_DC | April 22, 2010 9:51 AM