Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUNA in IPoliticoI on economic challenges Obama faces
WASHINGTON (1/21/09)--Credit Union National Association (CUNA) Chief Economist Bill Hampel was quoted in Politico Monday about the economic challenges President Barack Obama will face in his term. Obama has won Senate approval to release the second half of the $700 billion Troubled Assets Relief Program, the article said. “It really doesn’t matter what they spend it on. They just need to spend it so someone gets income,” Hampel told Politico. “It would be nice if they spent it on useful things, but that doesn’t really matter. They just need to start spending money quickly.” Hampel also commented on the market’s turnaround. “The good news is that three years from now, it is almost inconceivable that the economy won’t look a whole lot better than it looks now,” he said. For the full article, use the link.
Other Resources

RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
12 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
14 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
15 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
17 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
17 hours ago