Clinton advises President Obama then gives briefing:

My prayers were answered!!

In a recent post I stated that President Obama needed to seek the advice of President Clinton to help navigate him through troubled waters... here is the Briefing after the Obama/Clinton meeting, the clip is long I have added the notes that I took from briefing, but I wanted to attach the whole clip to keep what President Clinton said in context. Enjoy!

• The Tax-Cuts would help him greatly-personally.
• Would not approve the Tax cut deal if it was just an extension of the Bush tax cuts.
• Whole agreements helps the MOST Americans:
• a. Unemployment extension; spent funds help economy
• b. Payroll Tax cut
• 1. Lower unemployment rate
• 2. Create More jobs.
• c. Tax Credits for manufacturing; job related to energy
• Net Plus for country/ Bipartisan agreement
• 1.8 Trillion in uncommitted funds needs to be used.
• START agreement needs to be approved!
• Asked if President Obama could have gotten a better deal?- Said No!!
• slippage: said Payroll tax relief was a stimulus...LOL
• What advice did he give the President?- said if President wanted to disclose he could ...
• Asked what needed to happen in Private Credit market to open-up?
• a. Community banks need to lend: for every $1 can lend $10
• b. Business Community is uncertain about financial reform, need to go to banks and make sure they understand what the new laws are. Hopefully a better understanding will result in more lending. Went on to say that they have 2 Trillion could result in 20 Trillion new loans.. not sure why sitting on cash. Need to reinvest in in economy.
• Asked if President Obama Has abandon his core principles and let his party down?-said NO!!
• US suffered severe Financial Collapse!!!
• Asked about Comparisons of Election btw 1994 and 2010?- sidestepped question.
• Haiti Update
• Asked about triangulation? deflation biggest problem and concern we have in-regards to economy.

My only HOPE is that President Obama was taking notes!! I hope he took the time to actually watch the entire briefing Clinton gave and learn how to sell the from the pulpit.

Downside of briefing? Makes President Obama look even more unprepared to deal with problems.

Also, side note talk around town is that President Obama may pull off the political maneuver of 2010... getting Republicans to back slide on deficit spend and approve another stimulus..ops not suppose to use that word.