Obama:"Economy Is Back From the Brink"

President Barack Obama defended his Supreme Court pick and painted an upbeat vision of the economy Wednesday as he addressed major donors to the Democratic Party in Beverly Hills.
"It's safe to say we have stepped back from the brink, that there is some calm that didn't exist before," Obama told donors and celebrities at the Beverly Hilton Hotel. He said the stimulus bill that Congress passed three months ago is starting to improve the economy.