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February 11, 2012
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Hilary Kramer

CNN Calls Obama $150 Billion Energy Proposal 'Valuable'

By Jeff Poor | May 05, 2008 | 15:26

Government meddling with the free-market forces can have ill consequences. Just look at how government mandates for corn-based ethanol have affected the global food supply.

According to CNN senior business correspondent Ali Velshi, CNN viewers rate the economy as the most important issue and named gas prices as their number one concern. "AOL Money Coach" Hilary Kramer agreed with viewers, but regarded Democratic presidential hopeful Sen. Barack Obama's proposal as "valuable" when matched with alternative energy legislation.

"Absolutely right," Kramer said on CNN's May 5 "Issue #1." "That's why Barack Obama with a $150 billion package that he wants to jumpstart an entire industry alternative energy and clean technology could be very valuable, especially matching that up with legislation to force the use of alternative energy."

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