A new website has been created that is the most amazing site to do with our White House I have ever seen.

A STRONG MIDDLE CLASS

They are starting a with VP Biden in charge:

America’s middle class is the economic engine of this nation. Our road to economic recovery begins with restoring the prosperity of working families and small business owners. That is why today, President Obama signed a Presidential Memorandum creating a task force dedicated to raising the living standards of middle class families – and he put the nation’s number two guy in charge, Vice President Joe Biden:

“America’s middle class is hurting. Trillions of dollars in home equity and retirement savings and college savings are gone. And every day, more and more Americans are losing their jobs. President Obama and I are determined to change this. Quite simply, a strong middle class equals a strong America. We can’t have one without the other. This Task Force will be an important vehicle to assess new and existing policies across the board and determine if they are helping or hurting the middle class. It is our charge to get the middle class – the backbone of this country – up and running again.”

After going to the web site you will find an area to submit your task force ideas, again we are being called upon to help our government to make our US a better place to live.

In these times, it’s nice to see a positive surprise in the housing numbers, but the December pop in existing home sales has us rubbing our eyes to make sure that’s actually a “plus” and not a “minus” in front of the 6.5%…
The jump in existing home sales for December was entirely single family-driven, and was accompanied by a welcome collapse in the amount of inventory on the market. The decline in months supply from 10.7 to 8.6 months was not only the result of higher sales, but also of absolute falling inventories. Total home inventories slid 13.2% month-over-month, a huge drop.
This decline in inventories, the latest component of a trend that started in July, is encouraging for our expectations of stable housing market in the second half of 2009. Excess supply is the one overhang preventing potential vulture investors from stepping more aggressively into the sector, and with today’s indication that this overhang is easing, we’ll likely see more interest on the demand side as well. Don’t jump out of your chair and call your real estate agent quite yet — we’re talking about the start of a trend that will likely play out over the next six months, not an instant fix. –Guy LeBas, Janney Montgomery Scott

Despite the bounce in sales in December, the housing market remains in critical condition. Lower prices and lower interest rates will help sales to some extent, but the dismal condition of the labor market will remain a considerable drag on home sales over the remainder of 2009. Also, it will take several more months of data on the inventory front before December’s decline in inventories can be put in proper perspective.
One factor that likely helped magnify the decline in inventories in December was that many lenders and local governments had imposed moratoriums on foreclosures over the final months of 2008. As these start to expire, and as deteriorating economic and labor market conditions push more homes into the foreclosure process, inventories are likely to rise.
Along with what we believe will be declining sales over coming months, this will likely lead to a reversal of the seeming progress made on the inventory front in December. Should that prove to be the case, home prices will remain under downward pressure. Lower prices will help improve affordability, as will lower mortgage interest rates, but tougher mortgage lending standards and continued job losses will exert more of an influence on home sales over coming months. –Richard F. Moody, Mission Residential
Sales undershot the level implied by the pending home sales index in the three months to November, but this December gain has closed the gap. Still, it does not fully reverse the November drop and the clear message from the data is that sales have softened markedly since the summer, following a few months of modest gains. According to the NAR all the rise in spring and summer sales was due to vultures buying cheap foreclosed properties, and even that business now seems to have been battered by the credit crunch. Prices are still falling, but at least inventory fell in December. It remains extremely high, though. Still, rising mortgage apps might mean better first quarter. –Ian Shepherdson, High Frequency Economics
We suspect that the big sales drop in November exaggerated underlying trends and the December bounce puts sales back slightly above the average of the two previous months. As has been the case in recent months, a substantial portion of the sales in December were of properties in foreclosure. Reflecting the urgency of sellers to clear out these properties, both the median and average sales price fell sharply… While average prices fell most sharply in the West (-10.9%) and the Northeast (-7.6%) they were slightly higher in the Midwest and South. Encouragingly, the increased sales resulting from more realistic pricing has cut the nationwide inventory of unsold existing homes to a two-year low. –David Resler, Nomura Securities
Existing home sales peaked during the summer of 2005 and have fallen fairly steadily since then. This month’s jump in sales, while welcome, is unlikely to represent the beginning of an improving trend given that the inventory of homes available for sale is still very high, home prices are continuing to fall, and mortgage lending standards have tightened substantially. The inventory of unsold homes–while declining–is still very high, putting downward pressure on both new construction and home prices. Home prices have been falling on a year-on-year basis for more than 2 years and, in recent months, the price declines have accelerated. As long as inventories stay very high and a high proportion of sales are distressed, prices will continue to decline. A sustained recovery in the housing market is unlikely until home prices stabilize. –Stephen A. Wood, Insight Economics
The most substantial problem with the resales data is the increasing prevalence of bank-owned properties (ordinarily auctioned) are being sold through traditional realtor channels. This will tend to boost both inventories and sales, leaving the impression of higher activity levels, an increasing upward bias in the series. (The fact that the properties are finding buyers is not one of the many negatives) This is not the case with new construction, which shows a decimated sales pace through November 2008 –Steven Wieting, Citigroup
While distressed sales continue to account for a huge chunk of overall activity, part of the market clearing process is that distressed properties must be sold, so the fact that this is occurring is good. Still, it certainly depresses prices (see below), and there are plenty more foreclosed (or soon to be foreclosed) homes in the pipeline. The inescapable conclusion, therefore, is that median sales prices will continue to decline for the foreseeable future. –Joshua Shapiro, MFR Inc.
A sharp drop in home prices appears to have brought some buyers into the market, particularly in the West (and the National Association of Realtors noted that distressed properties accounted for 45% of all sales). With mortgage rates falling toward the end of 2008 and prices likely continuing to adjust lower, it will be interesting to see if existing home sales can stabilize around these levels. Recent pending home sales data, however, have remained weak. –RDQ Economics

Seems I’m seeing quite a bit of Obama bashing. Normal, nobody wants to believe that any President is worth his grain of salt, seems you cant please everyone, but I feel that Obama is our best choice for the times we are living in and its going to take patience on our part and determination on the Presidents part, hopefully we can all do our parts.

an article I found interesting:

by Eugene Robinson

Before President Obama can do, he must undo. Repairing the damage that George W. Bush did to the nation’s values, honor and pride will be complicated and, at times, politically inconvenient. But nothing is more urgent, and nothing will ultimately reap more benefits at home and abroad.

The executive orders that Obama signed Thursday concerning the detention of terrorism suspects are a beginning. Much more remains to be undone.

Obama’s campaign pledge to shut down the prison at Guantanamo was unequivocal, and his decree ordering that the place be closed within a year is really just an official promise to honor that pledge by a time certain. Guantanamo will still be in operation tomorrow. Obama gave himself and his advisers time to figure out how to honor their commitment, but it will be a great disappointment if concrete action takes anywhere near that long.

Guantanamo is more than a prison housing several dozen dangerous individuals and a handful of true terrorist masterminds. The name itself has become shorthand for the Bush administration’s arrogant disregard for international legal norms. In terms of America’s moral standing in the world and Obama’s vow not to abandon our nation’s noblest ideals for the sake of expedience, every day the Guantanamo prison remains open is a day too long.

I know it will take time to review the circumstances of each of the estimated 245 prisoners now being held there. I know that new procedures will have to be developed to prosecute suspects who were interrogated with methods the courts will consider torture, meaning that the evidence against them is tainted. I know that it has been difficult to find countries willing to accept some detainees who turned out to be innocent victims of the Bush administration’s detention policies. I know that moving suspects to federal or military prisons will provoke howls on Capitol Hill, especially from the members whose states or districts are forced to act as hosts.

None of this should take a year. An executive order becomes real when it is followed — promptly — with action.

More immediate and definitive, at least at first glance, is Obama’s order banning the Bush administration’s “enhanced” interrogation techniques, which critics say are nothing but torture hidden behind a sinister euphemism.

Obama limited all U.S. interrogators to the methods specified in the Army Field Manual, which forbids physical abuse. The order ends the practice of waterboarding, a technique of simulated drowning that was used during the Spanish Inquisition and the reign of the Khmer Rouge — and also, to our nation’s shame and dishonor, during the presidency of George W. Bush.

Obama said his actions, taken on his second full day in office, signal that “the United States intends to prosecute the ongoing struggle against violence and terrorism … in a manner that is consistent with our values and our ideals.” Implicit is an acknowledgement that the previous administration’s actions were not consistent with those values and ideals — and here is where Obama needs to go further.

There are many “known unknowns,” to echo Donald Rumsfeld, about the Bush years. We don’t know the full story of the secret offshore CIA prisons where terrorism suspects were held and interrogated. We don’t know the extent of the “rendition” program in which suspects were handed over to cooperative third countries for aggressive and reportedly abusive questioning. We don’t know the full extent of the administration’s warrantless domestic electronic surveillance.

And there are “unknown unknowns.” Given what has been revealed, isn’t it conceivable that the Bush administration took other measures that would curl our hair if they were revealed?

Obama should form an official blue-ribbon panel, some sort of “truth commission,” to investigate Bush’s conduct of his “war on terror” and report to the American people. The point isn’t to prosecute anyone. The point certainly isn’t to reveal genuine national security secrets whose disclosure would put lives in danger. The point is to know, and to remember.

This nation’s ideals of due process, rule of law, humane interrogation, privacy and governmental openness are not mere embellishments. They are essential to who we are. By disregarding those ideals, the previous administration diminished us all.

A thorough investigation would be controversial and could make it more difficult for Obama to move ahead with his agenda in other areas. But as he said Thursday, we must honor our values “not just when it’s easy, but also when it’s hard.”

We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.

Article I

Section 1. All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.

Section 2. The House of Representatives shall be composed of Members chosen every second Year by the People of the several States, and the Electors in each State shall have the Qualifications requisite for Electors of the most numerous Branch of the State Legislature.

No Person shall be a Representative who shall not have attained to the age of twenty five Years, and been seven Years a Citizen of the United States, and who shall not, when elected, be an Inhabitant of that State in which he shall be chosen.

Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons. The actual Enumeration shall be made within three Years after the first Meeting of the Congress of the United States, and within every subsequent Term of ten Years, in such Manner as they shall by Law direct. The Number of Representatives shall not exceed one for every thirty Thousand, but each State shall have at Least one Representative; and until such enumeration shall be made, the State of New Hampshire shall be entitled to chuse three, Massachusetts eight, Rhode-Island and Providence Plantations one, Connecticut five, New-York six, New Jersey four, Pennsylvania eight, Delaware one, Maryland six, Virginia ten, North Carolina five, South Carolina five, and Georgia three.

When vacancies happen in the Representation from any State, the Executive Authority thereof shall issue Writs of Election to fill such Vacancies.

The House of Representatives shall chuse their Speaker and other Officers; and shall have the sole Power of Impeachment.

Section 3. The Senate of the United States shall be composed of two Senators from each State, chosen by the Legislature thereof, for six Years; and each Senator shall have one Vote.

Immediately after they shall be assembled in Consequence of the first Election, they shall be divided as equally as may be into three Classes. The Seats of the Senators of the first Class shall be vacated at the Expiration of the second Year, of the second Class at the Expiration of the fourth Year, and the third Class at the Expiration of the sixth Year, so that one third may be chosen every second Year; and if Vacancies happen by Resignation, or otherwise, during the Recess of the Legislature of any State, the Executive thereof may make temporary Appointments until the next Meeting of the Legislature, which shall then fill such Vacancies.

No Person shall be a Senator who shall not have attained to the Age of thirty Years, and been nine Years a Citizen of the United States and who shall not, when elected, be an Inhabitant of that State for which he shall be chosen.

The Vice President of the United States shall be President of the Senate, but shall have no Vote, unless they be equally divided.

The Senate shall chuse their other Officers, and also a President pro tempore, in the Absence of the Vice President, or when he shall exercise the Office of President of the United States.

The Senate shall have the sole Power to try all Impeachments. When sitting for that Purpose, they shall be on Oath or Affirmation. When the President of the United States is tried, the Chief Justice shall preside: And no Person shall be convicted without the Concurrence of two thirds of the Members present.

Judgment in Cases of Impeachment shall not extend further than to removal from Office, and disqualification to hold and enjoy any Office of Honor, Trust or Profit under the United States: but the Party convicted shall nevertheless be liable and subject to Indictment, Trial, Judgment and Punishment, according to Law.

Section 4. The Times, Places and Manner of holding Elections for Senators and Representatives, shall be prescribed in each State by the Legislature thereof; but the Congress may at any time by Law make or alter such Regulations, except as to the Places of chusing Senators.

The Congress shall assemble at least once in every Year, and such Meeting shall be on the first Monday in December, unless they shall by Law appoint a different Day.

Section 5. Each House shall be the Judge of the Elections, Returns and Qualifications of its own Members, and a Majority of each shall constitute a Quorum to do Business; but a smaller Number may adjourn from day to day, and may be authorized to compel the Attendance of absent Members, in such Manner, and under such Penalties as each House may provide.

Each House may determine the Rules of its Proceedings, punish its Members for disorderly Behaviour, and, with the Concurrence of two thirds, expel a Member.

Each House shall keep a Journal of its Proceedings, and from time to time publish the same, excepting such Parts as may in their Judgment require Secrecy; and the Yeas and Nays of the Members of either House on any question shall, at the Desire of one fifth of those Present, be entered on the Journal.

Neither House, during the Session of Congress, shall, without the Consent of the other, adjourn for more than three days, nor to any other Place than that in which the two Houses shall be sitting.

Section 6. The Senators and Representatives shall receive a Compensation for their Services, to be ascertained by Law, and paid out of the Treasury of the United States. They shall in all Cases, except Treason, Felony and Breach of the Peace, be privileged from Arrest during their Attendance at the Session of their respective Houses, and in going to and returning from the same; and for any Speech or Debate in either House, they shall not be questioned in any other Place.

No Senator or Representative shall, during the Time for which he was elected, be appointed to any civil Office under the Authority of the United States, which shall have been created, or the Emoluments whereof shall have been encreased during such time: and no Person holding any Office under the United States, shall be a Member of either House during his Continuance in Office.

Section 7. All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.

Every Bill which shall have passed the House of Representatives and the Senate, shall, before it become a Law, be presented to the President of the United States; if he approve he shall sign it, but if not he shall return it, with his Objections to that House in which it shall have originated, who shall enter the Objections at large on their Journal, and proceed to reconsider it. If after such Reconsideration two thirds of that House shall agree to pass the Bill, it shall be sent, together with the Objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a Law. But in all such Cases the Votes of both Houses shall be determined by Yeas and Nays, and the Names of the Persons voting for and against the Bill shall be entered on the Journal of each House respectively. If any Bill shall not be returned by the President within ten Days (Sundays excepted) after it shall have been presented to him, the Same shall be a Law, in like Manner as if he had signed it, unless the Congress by their Adjournment prevent its Return, in which Case it shall not be a Law.

Every Order, Resolution, or Vote to which the Concurrence of the Senate and House of Representatives may be necessary (except on a question of Adjournment) shall be presented to the President of the United States; and before the Same shall take Effect, shall be approved by him, or being disapproved by him, shall be repassed by two thirds of the Senate and House of Representatives, according to the Rules and Limitations prescribed in the Case of a Bill.

Section 8. The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;–And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

Section 9. The Migration or Importation of such Persons as any of the States now existing shall think proper to admit, shall not be prohibited by the Congress prior to the Year one thousand eight hundred and eight, but a Tax or duty may be imposed on such Importation, not exceeding ten dollars for each Person.

The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.

No Bill of Attainder or ex post facto Law shall be passed.

No Capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken.

No Tax or Duty shall be laid on Articles exported from any State.

No Preference shall be given by any Regulation of Commerce or Revenue to the Ports of one State over those of another: nor shall Vessels bound to, or from, one State, be obliged to enter, clear or pay Duties in another.

No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of Receipts and Expenditures of all public Money shall be published from time to time.

No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Section 10. No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it’s inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Controul of the Congress.

No State shall, without the Consent of Congress, lay any Duty of Tonnage, keep Troops, or Ships of War in time of Peace, enter into any Agreement or Compact with another State, or with a foreign Power, or engage in War, unless actually invaded, or in such imminent Danger as will not admit of delay.
Article II

Section 1. The executive Power shall be vested in a President of the United States of America. He shall hold his Office during the Term of four Years, and, together with the Vice President, chosen for the same Term, be elected, as follows:

Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors, equal to the whole Number of Senators and Representatives to which the State may be entitled in the Congress: but no Senator or Representative, or Person holding an Office of Trust or Profit under the United States, shall be appointed an Elector.

The Electors shall meet in their respective States, and vote by Ballot for two Persons, of whom one at least shall not be an Inhabitant of the same State with themselves. And they shall make a List of all the Persons voted for, and of the Number of Votes for each; which List they shall sign and certify, and transmit sealed to the Seat of the Government of the United States, directed to the President of the Senate. The President of the Senate shall, in the Presence of the Senate and House of Representatives, open all the Certificates, and the Votes shall then be counted. The Person having the greatest Number of Votes shall be the President, if such Number be a Majority of the whole Number of Electors appointed; and if there be more than one who have such Majority, and have an equal Number of Votes, then the House of Representatives shall immediately chuse by Ballot one of them for President; and if no Person have a Majority, then from the five highest on the List the said House shall in like Manner chuse the President. But in chusing the President, the Votes shall be taken by States, the Representation from each State having one Vote; A quorum for this Purpose shall consist of a Member or Members from two thirds of the States, and a Majority of all the States shall be necessary to a Choice. In every Case, after the Choice of the President, the Person having the greatest Number of Votes of the Electors shall be the Vice President. But if there should remain two or more who have equal Votes, the Senate shall chuse from them by Ballot the Vice President.

The Congress may determine the Time of chusing the Electors, and the Day on which they shall give their Votes; which Day shall be the same throughout the United States.

No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President; neither shall any Person be eligible to that Office who shall not have attained to the Age of thirty five Years, and been fourteen Years a Resident within the United States.

In Case of the Removal of the President from Office, or of his Death, Resignation, or Inability to discharge the Powers and Duties of the said Office, the Same shall devolve on the Vice President, and the Congress may by Law provide for the Case of Removal, Death, Resignation or Inability, both of the President and Vice President, declaring what Officer shall then act as President, and such Officer shall act accordingly, until the Disability be removed, or a President shall be elected.

The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them.

Before he enter on the Execution of his Office, he shall take the following Oath or Affirmation:–”I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my Ability, preserve, protect and defend the Constitution of the United States.”

Section 2. The President shall be Commander in Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States; he may require the Opinion, in writing, of the principal Officer in each of the executive Departments, upon any Subject relating to the Duties of their respective Offices, and he shall have Power to grant Reprieves and Pardons for Offences against the United States, except in Cases of Impeachment.

He shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur; and he shall nominate, and by and with the Advice and Consent of the Senate, shall appoint Ambassadors, other public Ministers and Consuls, Judges of the supreme Court, and all other Officers of the United States, whose Appointments are not herein otherwise provided for, and which shall be established by Law: but the Congress may by Law vest the Appointment of such inferior Officers, as they think proper, in the President alone, in the Courts of Law, or in the Heads of Departments.

The President shall have Power to fill up all Vacancies that may happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next Session.

Section 3. He shall from time to time give to the Congress Information of the State of the Union, and recommend to their Consideration such Measures as he shall judge necessary and expedient; he may, on extraordinary Occasions, convene both Houses, or either of them, and in Case of Disagreement between them, with Respect to the Time of Adjournment, he may adjourn them to such Time as he shall think proper; he shall receive Ambassadors and other public Ministers; he shall take Care that the Laws be faithfully executed, and shall Commission all the Officers of the United States.

Section 4. The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.
Article III

Section 1. The judicial Power of the United States, shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish. The Judges, both of the supreme and inferior Courts, shall hold their Offices during good Behaviour, and shall, at stated Times, receive for their Services, a Compensation, which shall not be diminished during their Continuance in Office.

Section 2. The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties made, or which shall be made, under their Authority;–to all Cases affecting Ambassadors, other public Ministers and Consuls;–to all Cases of admiralty and maritime Jurisdiction;–to Controversies to which the United States shall be a Party;–to Controversies between two or more States;–between a State and Citizens of another State;–between Citizens of different States;–between Citizens of the same State claiming Lands under Grants of different States, and between a State, or the Citizens thereof, and foreign States, Citizens or Subjects.

In all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party, the supreme Court shall have original Jurisdiction. In all the other Cases before mentioned, the supreme Court shall have appellate Jurisdiction, both as to Law and Fact, with such Exceptions, and under such Regulations as the Congress shall make.

The Trial of all Crimes, except in Cases of Impeachment, shall be by Jury; and such Trial shall be held in the State where the said Crimes shall have been committed; but when not committed within any State, the Trial shall be at such Place or Places as the Congress may by Law have directed.

Section 3. Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court.

The Congress shall have Power to declare the Punishment of Treason, but no Attainder of Treason shall work Corruption of Blood, or Forfeiture except during the Life of the Person attainted.
Article IV

Section 1. Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws prescribe the Manner in which such Acts, Records, and Proceedings shall be proved, and the Effect thereof.

Section 2. The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States.

A Person charged in any State with Treason, Felony, or other Crime, who shall flee from Justice, and be found in another State, shall on Demand of the executive Authority of the State from which he fled, be delivered up, to be removed to the State having Jurisdiction of the Crime.

No Person held to Service or Labour in one State, under the Laws thereof, escaping into another, shall, in Consequence of any Law or Regulation therein, be discharged from such Service or Labour, but shall be delivered up on Claim of the Party to whom such Service or Labour may be due.

Section 3. New States may be admitted by the Congress into this Union; but no new States shall be formed or erected within the Jurisdiction of any other State; nor any State be formed by the Junction of two or more States, or Parts of States, without the Consent of the Legislatures of the States concerned as well as of the Congress.

The Congress shall have Power to dispose of and make all needful Rules and Regulations respecting the Territory or other Property belonging to the United States; and nothing in this Constitution shall be so construed as to Prejudice any Claims of the United States, or of any particular State.

Section 4. The United States shall guarantee to every State in this Union a Republican Form of Government, and shall protect each of them against Invasion; and on Application of the Legislature, or of the Executive (when the Legislature cannot be convened) against domestic Violence.
Article V

The Congress, whenever two thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution, or, on the Application of the Legislatures of two thirds of the several States, shall call a Convention for proposing Amendments, which, in either Case, shall be valid to all Intents and Purposes, as Part of this Constitution, when ratified by the Legislatures of three fourths of the several States, or by Conventions in three fourths thereof, as the one or the other Mode of Ratification may be proposed by the Congress; Provided that no Amendment which may be made prior to the Year One thousand eight hundred and eight shall in any Manner affect the first and fourth Clauses in the Ninth Section of the first Article; and that no State, without its Consent, shall be deprived of its equal Suffrage in the Senate.
Article VI

All Debts contracted and Engagements entered into, before the Adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation.

This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwith-standing.

The Senators and Representatives before mentioned, and the Members of the several State Legislatures, and all executive and judicial Officers, both of the United States and of the several States, shall be bound by Oath or Affirmation, to support this Constitution; but no religious Test shall ever be required as a Qualification to any Office or public Trust under the United States.
Article VII

The Ratification of the Conventions of nine States, shall be sufficient for the Establishment of this Constitution between the States so ratifying the Same.

Done in Convention by the Unanimous Consent of the States present the Seventeenth Day of September in the Year of our Lord one thousand seven hundred and Eighty seven and of the Independence of the United States of America the Twelfth

In witness whereof We have hereunto subscribed our Names,

George Washington–President and deputy from Virginia

New Hampshire: John Langdon, Nicholas Gilman

Massachusetts: Nathaniel Gorham, Rufus King

Connecticut: William Samuel Johnson, Roger Sherman

New York: Alexander Hamilton

New Jersey: William Livingston, David Brearly, William Paterson, Jonathan Dayton

Pennsylvania: Benjamin Franklin, Thomas Mifflin, Robert Morris, George Clymer, Thomas FitzSimons, Jared Ingersoll, James Wilson, Gouverneur Morris

Delaware: George Read, Gunning Bedford, Jr., John Dickinson, Richard Bassett, Jacob Broom

Maryland: James McHenry, Daniel of Saint Thomas Jenifer, Daniel Carroll

Virginia: John Blair, James Madison, Jr.

North Carolina: William Blount, Richard Dobbs Spaight, Hugh Williamson

South Carolina: John Rutledge, Charles Cotesworth Pinckney, Charles Pinckney, Pierce Butler

Georgia: William Few, Abraham Baldwin

“I think it was very gracious of President Bush to invite him so early — usually it happens a little later in the process,” Valerie Jarrett, one of the transition team’s co-chairs, told reporters.

“I think because of the daunting challenges that are facing our country, President Bush thought it was important to move forward quickly.”

A prominent Democratic source close to Obama said Jarrett is also Obama’s choice to be named to take over his seat in the Senate, though Illinois Gov. Rod Blagojevich would have the final say over a replacement.

And John Podesta, the other co-chair, said the talks are likely to cover “a broad range of issues” — but the slumping U.S. economy is expected to dominate the discussion.

Podesta told CNN’s “Late Edition” that Obama will push Congress to enact “at least part” of an economic package before he takes office in January, but said the problems Americans face need short-term and long-term approaches.

“It’s clear that we need to stabilize the economy, to deal with the financial meltdown that’s now spreading across the rest of the economy. The auto industry is really, really back on its heels,” Podesta said.

And Obama’s designated White House chief of staff, Rahm Emanuel, said the government needs to consider “fast-forwarding” $25 billion in low-interest loans already approved by Congress to help the Big Three U.S. automakers retool for more efficient vehicles. iReport.com: Who should be in Obama’s cabinet?
“They are an essential part of our economy and our industrial base,” Emanuel told CBS’ “Face the Nation.” He added: “There are existing authorities within the government today that the administration should tap to help the auto industry.”

Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, both Democrats, urged Treasury Secretary Henry Paulson over the weekend to extend the $700 billion bailout of the financial industry to shore up the ailing Ford, Chrysler and General Motors, which have been battered by the credit crisis and poor sales of gas-guzzling sport utility vehicles. But Treasury spokesperson Brookly McLaughlin said Sunday that the department remains focused on the financial sector and restarting stalled lending.

Podesta said Congress could extend unemployment benefits for laid-off workers and provide assistance to states grappling with increased Medicaid costs quickly. But he said efforts to improve schools, expand health-care coverage and wean the nation’s energy industry away from imported fuels “need to be tackled together.”

And he told “Fox News Sunday” that the incoming administration is conducting an extensive review of Bush’s executive orders, looking for quick changes that Obama can make from his first day in office. Video Watch more on the team’s working weekend »

“As a candidate, Senator Obama said that he wanted all the Bush executive orders reviewed and decide which ones should be kept and which ones should be repealed and which ones should be amended, and that process is going on. It’s been undertaken,” Podesta said.

Podesta said Obama’s team will be “looking at — again, in virtually every agency — to see where we can move forward, whether that’s on energy transformation, on improving health care, on stem cell research.”

Podesta said there is a lot the president can do without waiting for Congress, and voters can expect to see Obama do so to try to restore “a sense that the country is working on behalf of the common good.”

Bush and Obama are set to meet Monday afternoon at the White House’s Oval Office. Video Watch report from CNN’s Kathleen Koch on meeting Monday »

“I’m sure they’ll be open and frank, as I’m sure they’ve always been able to talk to one another,” Jarrett said. “So I think it’s a good sign for this country that they’re having this meeting when they’re having it, and we look forward to the days and weeks ahead.”
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At the same time, first lady Laura Bush will take Obama’s wife, Michelle, on a tour of the executive mansion.

Podesta said cooperation with Bush administration officials has been “excellent” since Tuesday’s election.

The CNN/Opinion Research Corp. survey, conducted shortly after the debate ended, showed 51 percent thought Obama, a U.S. senator from Illinois, did the best job, while 38 percent said Republican opponent Sen. John McCain of Arizona won.

Only people who watched the debate were questioned and the audience included more Democrats than Republicans. Some 524 people were polled by telephone Sept. 26 after the end of the debate.

There were big differences by gender. Men were nearly evenly split, with 46 percent giving the win to McCain and 43 percent to Obama while women voters gave Obama the win, preferring him to McCain 59 percent 31 percent, CNN said.

“It can be reasonably concluded, especially after accounting for the slight Democratic bias in the survey, that we witnessed a tie in Mississippi tonight,” said CNN Senior Political Researcher Alan Silverleib. “But given the direction of the campaign over the last couple of weeks, a tie translates to a win for Obama.”

The pollsters said the margin of error for the survey was 4.5 percent.