The LuLac Edition #641, Nov. 17th, 2008
PHOTO INDEX: SENATORS McCAIN AND OBAMA AT THE DEBATES, THEY MET TODAY.
OBAMA MEETS McCAIN
Once campaign foes, President-elect Barack Obama and Sen. John McCain met to talk about how they can collaborate on issues facing the United States. "We're going to have a good conversation about how we can do some work together to fix up the country," Obama commented to the press at the beginning of his meeting with the Arizona senator. The president-elect went on to thank his former opponent for his "outstanding service." The private meeting at Obama's transition office in Chicago was the first since Obama beat McCain, the Republican candidate, in the Nov. 4 election. Obama, has been interviewing some of his one-time political opponents to help him run the country, but advisers to the former candidate have said they don't expect Obama to consider McCain for an administration job when the new president takes office on Jan. 20. In a way, that's a real shame because McCain can contribute a lot to any administration and really has no place to go within the GOP. Hey, take both Lieberman and McCain and put them somewhere. That would show bipartisanship. The two were joined by Republican Sen. Lindsey Graham, a McCain confidant, and Rep. Rahm Emanuel, a Democrat Obama has chosen as his White House chief of staff.
Emanuel and Graham have worked together before on issues in Congress, and Graham jumped to Emanuel's defense when Republicans criticized his appointment as Obama's chief of staff.
MORE JOBS GO
Citigroup Inc. getting rid of 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt. The New York-based bank, which has already reduced its assets by about 20 percent since the first quarter of the year, also plans to trim expenses by 19 percent in 2009 from third-quarter levels, to $50 billion. The plans, posted on the company’s Web site, were discussed by the CEO at the company’s town hall meeting in New York Monday with employees. The Citi sizedown is just another sympton of how bad this economy is. Still, administration and economic officials refuse to use the word "recession'. And just to show you how "out of whack" and how "concerned" big business pigs like CitiCorp are today, the company still plans to contribute 120 million dollars in naming rights for the Mets new ballpark in 2009, the old Shea Stadium. Yeah, bail them out while they screw employees out of jobs but still keep the old corporate banner hanging high. Can anyone say Enron?