President Obama’s Weekly Video Address

I was a bit busy over the weekend and was unable to get to this on Saturday.

Also of note. President Obama will be holding townhall meeting at noon today which you can probably watch on the web at CNN as well as  live prime-time press conference tonight at 8 p.m.

Text of video address below the fold.

Obama Sand Painting

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On Bipartisanship

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Obama To Stay Connected

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The Bush Legacy: An Economic Crisis So Deep

What’s better than reading Krugman twice a week or his blog, how about an open letter to President-Elect Obama with Krugman’s ideas on how to fix the economy, What Obama Must Do.

But before you go and read Krugman’s letter, chew on this for a moment.

The Center on Budget and Policy Priorities, a nonpartisan research group that analyzes government programs, recently estimated the effects of a rise in the unemployment rate to nine percent — a worst-case scenario that now seems all too likely. So what will happen if unemployment rises to nine percent or more? As many as 10 million middle-class Americans would be pushed into poverty, and another 6 million would be pushed into “deep poverty,” the severe deprivation that happens when your income is less than half the poverty level.

You read that right, 10 million middle-class Americans would be pushed into poverty. This is the Bush Legacy. Now, go read the article and come back.