This is an open thread for President Obama's first prime-time press conference.
In addition to questions on the jobs package (aka, stimulus), expect some questions on TARP (aka, the bailout). Tomorrow morning, Treasury Secretary Geithner will unveil a new plan, of some sort:
The Obama administration's wide-ranging plan to stabilize the financial system no longer includes creating a "bad bank" but will still contain measures to buy up toxic assets from financial institutions, according to a source familiar with the plan.
In addition, funding for the bank-rescue plan is unlikely to exceed the $350 billion currently available under the TARP, this source said.
Details are still sketchy, but removing the bad bank, and keeping the bailout at its current size, both come as a welcome relief. This is perhaps another example of the "make him do it" dynamic.
It is a tremendous relief to finally have a President who can once again take questions from the media on a regular basis, not to mention actually make sense when answering questions that weren't submitted beforehand. I look forward to many more of these prime time press conferences.
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