The President will be taking questions live today on CNBC. The host is John Harwood - the very credible White House reporter for CNBC. They have a full auditorium and the audience is primed as interviews have shown all morning.
This diary is primarily a heads-up for those who may not know about the event.
This event is being streamed at CNBC.com.
For most of this year, Wall Street has felt it has been under siege by the White House. The Obama administration has positioned itself against Wall Street on the level of policy and with heated rhetoric.
But in recent weeks, the White House has been reaching out to Wall Street behind the scenes. White House officials have placed calls to top executives at major financial firms with the message that the administration does not view Wall Street as an antagonist, according to several sources familiar with the conversations.
The big question Wall Street is wondering is which Obama will appear at the Town Hall: the conciliator or the fat-cat-bashing populist?
http://www.cnbc.com/...
Noon-time hosts for CNBC will be Jim Cramer and Larry Kudlow. It is not clear if they will ask questions directly to the President.
Kudlow is a consistent raving lunatic and knows only two terms - "Tax cuts" and "free enterprise capitalism"
Steve Leisman and Carl Quintanilla are participating too - and both are friendly to liberal economics.
The President must be commended for this effort to reach out to the business community. With their single threaded focus on tax-cuts this day could make news before the event is over.