Essential

Obama Speaks

President-elect Obama gave his first press conference today after meeting with his team of economic advisers. Those of us watching on live TV had the pleasure of watching the Dow shed over one hundred points on the bottom of the screen as he spoke. For those of you who missed it, here’s what you need to know: If Congress doesn’t push a stimulus package before inauguration, it will be Obama’s top priority; preserving the auto industry is another priority; Obama does not know who will succeed him in the Senate; no new cabinet announcements; and the family wants to adopt a shelter dog, but Malia is allergic, so it’s tricky.