Friday, December 5, 2008

CNN Uncovers the Truth: The Yankees Are the Economy


Campbell Brown Show
November 24 transcript.
Subject: Obama Economic Transition Team Announced.

ALI VELSHI, CNN SENIOR BUSINESS CORRESPONDENT: Look, this is the issue.
The issue is I liken them to my Yankees. Best team around, they have got the best payroll. Why can't they close the deal? Why have they not been able to close the deal?
You want to stretch the baseball analogy, these folks are not going to start the season. They have got to win the World Series right off the top. How do they play together? What is the strategy they're going to use to win?
They don't have much time. They have got to get into this thing immediately and solve a problem. They don't have the luxury of sitting around and ruminating and consulting on it. That's the issue that they have got right now.
It does seem like it's an all-star team. It does seem like he's got the best of both worlds because both of these men were considered for treasury secretary and now he has got them both working on the same team.

BROWN: Right. Markets responded favorably today, yesterday, too. We have had two solid days now. Is this just the market sort of responding to somebody doing something out there?

VELSHI: Part of it is that. Part of it is this deal for Citigroup, $20 billion to bail out Citigroup.

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