Among the most significant steps in the first hundred days:
I believe in our president and trust his judgement. I'm also happy about the choices he made for his cabnet. When Michelle says that she's proud of our country, I agree. Passage of a $787 billion recovery plan; the release of the second tranche of TARP funding — an additional $350 billion — for troubled banks; a public-private partnership to rid banks of toxic assets on their balance sheets; so-called “stress tests” on major financial institutions; a $275 billion housing program estimated to rescue as many as 9 million homeowners from foreclosure;
a proposal for major overhaul of the financial regulatory system. The president also has called for limits on executive pay; ordered the firing of General Motors chief Rick Wagoner as part of the restructuring of the auto industry; and taken credit card executives to task for raising interest rates and fees in the midst of a recession. Aides say the president’s first hundred days have been as productive as any since Franklin Delano Roosevelt.
I believe in our president and trust his judgement. I'm also happy about the choices he made for his cabnet. When Michelle says that she's proud of our country, I agree. Passage of a $787 billion recovery plan; the release of the second tranche of TARP funding — an additional $350 billion — for troubled banks; a public-private partnership to rid banks of toxic assets on their balance sheets; so-called “stress tests” on major financial institutions; a $275 billion housing program estimated to rescue as many as 9 million homeowners from foreclosure;
a proposal for major overhaul of the financial regulatory system. The president also has called for limits on executive pay; ordered the firing of General Motors chief Rick Wagoner as part of the restructuring of the auto industry; and taken credit card executives to task for raising interest rates and fees in the midst of a recession. Aides say the president’s first hundred days have been as productive as any since Franklin Delano Roosevelt.
Famous for his even temperament, the president's mood has darkened, aides say, in only a few instances since taking office: in his dealings with military families who've lost loved ones, and when reading some of the personal letters from Americans telling stories of their own economic turmoil.
"I like the fact that he didn't come in and give us a bunch of happy talk. I'm glad he shot straight with us," Clinton said. "I just would like him to end by saying that he is hopeful and completely convinced we're gonna come through this."
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