People can be boring, you know.
One thing to note is that (White House economic adviser Larry) Summers appeared to be nodding off near the beginning of Obama’s remarks. And then he DID nod off, doing the head on the hand and then head falling off the hand thing.
Although you’d think being in the same room with…President Obama…would be more than enough to keep a mere human awake.
You just have to click over to see the pictures. Via Memeorandum.
UPDATE: TigerHawk suggests losing the photographers during the long boring meetings. Good point. They don’t even let the press in to watch the President getting a media award.
More: sure we trust Congress to handle our credit.
Two top Democratic senators are calling on the Federal Reserve to freeze interest rate hikes on consumer credit card balances, a dramatic move just ahead of a major meeting between credit card companies and the White House this afternoon.
Sens. Chuck Schumer (D-N.Y.) and Chris Dodd (D-Conn.) are sending a letter to Federal Reserve Chairman Ben Bernanke and other top regulators to use their emergency powers to activate the new interest rate rule, which would prohibit credit card companies from hiking interest rates on existing balances.
I know this is different from the feds telling GM to declare bankruptcy (after giving them…how many billions of taxpayer dollars?). And I’m sure the credit card companies aren’t exactly as pure as the field-fresh crap Ezra Klein’s been squeezing out lately. And I can’t ask if they’re glad they took the money now…because they never did.
Still. Am I the only one with a serious case of the hinkies over this?