On to some serious news: yet another news conference today on the economy and the appointment of former Federal Reserve Chairman Paul Volcker as chairmain of the President’s Economic Recovery Advisory Board. Austan Goolsbee a campaign economic adviser and of NAFTA-gate fame, would serve as the board’s staff director and chief economist as well as a member of the White House Council of Economic Advisers.

I guess this is meant to reassure The Street  that all lameduckishness aside, and ofrgetting all this talk of “there is only one president at a time”, Obama is slowly taking charge.

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