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Obama ready to make big policy move this Thursday?
President Obama’s poll numbers are scraping new lows for his presidency. But now that he is backed into a corner, he may just be ready to show the teeth of a cornered tiger in a bid to prove that he won’t be a one-term president. Obama may announce one of the most interesting bids to save his prospects for a second term at his “jobs speech” this Thursday, 8 September, before a joint session of Congress. This may be the first chance in a long time for the administration to take the upper hand from the Bernanke Fed in attempting to address the ills affecting the US economy. In that respect, the market may be ... (full story)
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