Obama, McCain Under Pressure To Speed Transition

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First Posted: 10-26-08 09:00 PM   |   Updated: 11-26-08 05:12 AM

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Bloomberg News:

On the night of Nov. 4, either Barack Obama or John McCain will be celebrating his election as president. It may be a short party.

Whoever wins will come under intense, immediate pressure -- unmatched since Franklin D. Roosevelt's election in 1932 -- to begin participating in policy making over which he'll have no formal control for 2 1/2 months. Within days, the winner's economic advisers may be heading to the U.S. Treasury to help tackle the nation's worst financial crisis in more than seven decades.

Read the whole story: Bloomberg News

On the night of Nov. 4, either Barack Obama or John McCain will be celebrating his election as president. It may be a short party. Whoever wins will come under intense, immediate pressure -- unmatche...
On the night of Nov. 4, either Barack Obama or John McCain will be celebrating his election as president. It may be a short party. Whoever wins will come under intense, immediate pressure -- unmatche...
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- KCFreedom I'm a Fan of KCFreedom 18 fans permalink

I'm sure Bu$h and Shiny will make sure it will be a horrible situation during the transition. After all, that's what they're good at.

    Favorite    Flag as abusive Posted 01:23 AM on 10/27/2008
- blueshield I'm a Fan of blueshield 79 fans permalink

If Sen O wins, on Nov 5th the only sound you'll hear at the White House will be the mass printing of Presidential Pardons.

    Favorite    Flag as abusive Posted 11:47 PM on 10/26/2008
- Toonadude I'm a Fan of Toonadude 15 fans permalink

What about the shrub's legacy ??

    Favorite    Flag as abusive Posted 11:44 PM on 10/26/2008

I read Obama has his transition team ready and capable to begin immediately after Nov. 4th. His superiror campaign orginization will probably reflect his the level of perpardness his transition team.

I can't even imagine who or what level of prepartion McSame is for a transition team.

    Favorite    Flag as abusive Posted 10:58 PM on 10/26/2008
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CCN posted a related Commentary: Is this the start of another Great Depression?
"Editor's Note: Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. He is the author of "Golden Fetters: the Gold Standard and the Great Depression, 1919-1939.­"
http://www.cnn.com/2008/POLITICS/10/09/eichengreen.depression/index.html?iref=mpstoryview
Eichengreen argues that Nov.. 5th is "Day One" for the winng team to particpate in solutions. After the long delay in 1932 until Roosevelt took office, the 4 month lag was cut to 2 months by Congress. IMO, we may need new rules for the transition period.

Obama/Biden 08

    Favorite    Flag as abusive Posted 10:31 PM on 10/26/2008
- Palmz I'm a Fan of Palmz 159 fans permalink
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why? Isn't George W Bush collecting a paycheck?

    Favorite    Flag as abusive Posted 10:15 PM on 10/26/2008

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    Favorite    Flag as abusive Posted 10:04 PM on 10/26/2008
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