POLITICS: WEEKLY ADDRESS / STEELE ELECTED RNC CHAIRMAN / JACKSON’S LETTER TO PRES. OBAMA

Saturday, January 31, 2009

In the weekly address, Pres. Barack Obama addresses the latest economic news and urges the passing of an America Recovery and Reinvestment Plan.

He also announces that Treasury Secretary Timothy Geithner is preparing a new strategy for reviving our financial system — which will not only ensure that CEOs aren’t abusing taxpayer dollars, but also get credit flowing and lower mortgage costs.

Michael Steele, former Lt. Gov. of Maryland, was elected Chairman of the Republican National Committee during its winter meeting on Friday.

Steele is the first black RNC Chairman. Following his victory, he said, “It’s time for something completely different and we are going to bring it to them. This is our opportunity. I cannot do this by myself.” Check out his victory speech below.

Jesse Jackson, pictured with Pres. Barack Obama and former Illinois Governor Rod Blagojevich back in 2007, has written a letter to the President.

ESSENCE.com asked Jackson to pen an “open letter to President Barack Obama”. I guess all is well following Jackson’s remarks last year.