American Morning
Fast Forward
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The stories that will be making news later today:
This afternoon – President Obama makes the pitch for his 3.6 trillion dollar budget to Senate Democrats. Its a tough sell – a lot of top Democrats are worried the new budget could add seven to nine trillion dollars in new debt.
The crew of the Space Shuttle Discovery is preparing to depart the International Space Station. Discovery scheduled to undock from the space station at 3:53 ET this afternoon. It will perform the traditional fly-around of the station before heading home. Discovery will return to Earth on Saturday.
Cycling legend Lance Armstrong is expected to undergo surgery at 7 o'clock CT on his broken collarbone. Armstrong said in a Twitter post last night that the injury was more serious than doctors first thought. He says tests showed multiple pieces of broken bone. Armstrong crashed Monday during a race in Spain. The seven-time Tour de France winner plans to get back on the bike by May.
What’s on Tap – Wednesday March 25, 2009
What’s on Tap – Wednesday March 25, 2009
The Best Political Team is up early, breaking down the president’s big sell in prime time. Some of his biggest supporters and toughest critics will face off, from James Carville to Former Presidential Candidate Fred Thompson.
Plus – a special adviser to the U.N. Secretary General, says President Obama’s new bank bailout plan is bogus.
After a distasteful joke on Leno and some awkward laughter on “60 minutes”, a lot was riding on this appearance. There were tense moments. CNN Contributor Bill Bennett said the president walked into a “murderer’s row” in the White House East Room, but the president was able to stay on message, focusing on the budget and the economy.
We want to know if he answered your questions. Call 877-MYAMFIX with your reaction. We’re also asking a few recently unemployed workers about their sacrifices, and whether President Obama made them feel better about their future. The President said the country is moving in the right direction. Let us know what do you think.
Foreclosure hits renters
From CNN's Deborah Feyerick
ROOSEVELT, New York (CNN) - When Lisa Brown moved into her rental house on Long Island last summer with her three daughters, she says, it felt like a new beginning.
After living in apartments, the spacious house got her attention immediately. "It was bigger than what I had lived in," she says. Brown was also won over by the neighborhood with its tidy homes and good school district. "I wanted to come here, and I wanted to see my kids graduate from this school district."
But they hardly had a chance. Instead, fighting back tears, she says, "I have to get out."
We Listen!
Here’s your daily recap of the best feedback we got from YOU on the blog, Facebook, Twitter, Email. Continue the conversation below. And remember, keep it brief, and keep it clean. Thanks!
American Morning viewers were focused on the drug legalization story that featured Harvard economist Jeffrey Miron. Most were in favor of legalization, with stipulations attached.
- Sandra – “I don't know about legalizing Heroin but it sure makes a ton of sense to legalize marijuana. That alone would devastate the Mexican Cartels or, at least, put a good dent in their system.”
Those who opposed the idea were vehement in their rejection.
- No name – “Your guy has got to be out of his mind!!! I have a sibling who is addicted to alcohol and is now in an assisted living home as she has alcohol induced dementia as a result of drinking too much and adding across the counter medications to the mix!! She is a ward of the state. Great idea…legalize everything! What an Idiot!!!”
What’s your opinion of drug legalization? Do you think it will help solve the financial crisis? Do you think it’s similar to prohibition of alcohol in the 1920s? Share your thoughts with us.
Ladies first for pink slips?
“When I got that tap on the shoulder I just was flabbergasted. I was amazed.”
Brittany Sharpton recalled the day last November when she was laid off from her job as an infrastructure analyst at Citigroup. When the 23 year old joined the investment firm in 2007 she envisioned rising up through the ranks and becoming a senior manager. Instead, she was handed a pink slip. Even more amazing to Sharpton was that every woman in her group was let go.
“There was just absolutely no discretion, no regard not only with performance but keeping a generation of women in the group.”
Advice for Treasury Secretary Timothy Geithner
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Advice for Treasury Secretary Timothy Geithner: Never let 'em see you sweat.
Especially when you're getting grilled on Capitol Hill. With the AIG bonus debacle still fresh, members of Congress are sure to milk every minute of their allotted time to get a good soundbite for their local news. Depending on how cynical you are, Geithner either faces tough questioning to get to the bottom of the mistakes that led to the AIG bonus payments, or Geithner is simply a player in Congress's political theater. (Geithner knows the drill: he has testified seven times already in this young administration.)
There will no doubt be preening and screaming from some about who knew what and when about those now infamous bonuses.
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