President George W. Bush should immediately invite President-Elect Barack Obama to participate in presidential decisions. Don’t wait until Inauguration Day, January 20, 2009. The financial crisis requires immediate coordinated action. We cannot afford to follow the traditional procedure as the economy sinks day by day.
On November 15, the leaders of 20 nations will meet in Washington to discuss the global financial crisis. United world action is absolutely necessary to prevent the utter collapse of stock prices and other financial instruments that are destroying the life savings of millions of people in America and around the globe and generating mass unemployment.
Any agreement signed by President Bush will be subject to the approval or repeal by President Obama in January.
Valuable time will be lost as the new administration reviews the new agreement. We cannot afford to wait taking the chance that values and economic activity might decline even further.
President Bush has lost his popularity by a combination of errors and negative circumstances. Breaking tradition by involving Obama in policy decisions in this time of crisis will earn Bush public appreciation for putting America first by sharing power.