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Obama’s Laughter Over Economic Crisis, ‘Are You Punch-Drunk?’ (Videos)

INTERVIEW: You’re sitting here. And you’re— you are laughing. You are laughing about some of these problems. Are people going to look at this and say, ‘I mean, he’s sitting there just making jokes about money—’ How do you deal with— I mean: explain. . .” Kroft asked at one point.

“Are you punch-drunk?” Kroft said…


Ready to Place “Exit Strategy” in Afghanistan Policy…

After Sending In A 17,000/45% Increased Troop Surge…


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Return of Fear, Obama Warns of Collapse if Big Institution Fails

INTERVIEW: Interviewed on the CBS television program “60 Minutes,” Obama was asked if the financial system could implode if the likes of bailed-out insurer AIG or banking giant Citicorp were to fail.

“Yes,” the president replied, in the interview broadcast Sunday, as his administration prepared to announce new steps Monday deal with the toxic assets clogging up US banks’ books…

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“How many terrorists have actually been brought to justice under the philosophy that is being promoted by Vice President Cheney?” Obama asked on “60 Minutes,” according to excerpts released by CBS ahead of its Sunday airing. “It hasn’t made us safer. What it has been is a great advertisement for anti-American sentiment…”

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