Looking for a relatively new laptop that’s only been semi-abused by some 20-something campaign staffer? Or a blackberry that once helped to elect John McCain president? How about a coffee table McCain may or may not have once put his feet up on? All these ideal Christmas gifts for those with Republican loved ones will be on sale this …
They have a deal. They don’t have a deal. They have a deal in principal. They have a “conceptual” deal. They really and truly don’t have a deal. I’m up on Capitol Hill today and I’m getting more whiplash than if I were at Wimbledon.
Depending on who you talk to Senate Republicans have either ditched or were kept out of the
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Here’s a story today about the collective sense of deja-vu on the Hill — except this time even Bush isn’t that happy with the plan. Some interesting details in the 30-page bill that I didn’t have space for in my story:
-The government could take equity in the companies if it wants as part of insurance that the taxpayers are not only …
This isn’t news to many of you commentators, but, apparently, TIME constitutes part of the Gates of Hell. Don’t worry, I won’t be going after your souls… yet.
In his radio address today Obama outlined an ambitious plan to get the economy back on track. The plan has five points:
1. Embark on a large-scale effort to make public buildings more energy-efficient;
2. Make the single largest new investment in our national infrastructure since President Eisenhower established the Interstate
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Late yesterday congressional negotiators reached a compromise on what to do with the Big Three, at least in the short term. With the Bush Administration refusing to deal and the Senate Republicans adamant that the tarp money not be touched, Dems had little choice but to take money from the DOE’s $25 billion modernization fund. In
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Here‘s a story out today on what Obama’s thinking about doing if and when he inherits the Big 3 mess. The big question is: what if GM doesn’t make it until the end of January? Bloomberg News today reports the automakers are pushing for a short-term $15 billion bridge fund that will get them to Inauguration Day. Where this comes from — …
The first of the Big 3 proposals on how to turn their businesses around is in and Ford – the strongest of the three companies – says it may be able to go it alone. Barring the bankruptcy of one of the other automakers – a really big if – Ford tells Congress it likely wouldn’t need to tap the $9 billion bridge loan it’s asking …
It’s official, we’ve been in a recession for a year now. But, hey, don’t let that spoil your cyber Monday.
NBC broke the news on air this afternoon that Obama is expected to name NY Fed Chair Timothy Geithner as Treasury Secretary early next week. And Bloomberg followed up with a scooplette that Larry Summers will have a senior adviser position in the White House. And this is just out from HRC:
“We’re still in discussions, which are very
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Better late than never, I guess. Though, I have to wonder: this is two out of how many?
Here’s a sum up of the day’s events (bitterpill8 – this is for you). And a look ahead at what to expect. If anything does pass, it’ll happen the week of Dec. 8 — just as the 12 days of Christmas begin. Whether they get $25 billion or a lump of coal, one thing this week has proven is that Detroit is on Congress’ naughty list.
There are reports this afternoon that an agreement has been reached to bailout the auto industry. Even if this is true – that leaders in both parties have signed on – I’m told a vote would be very unlikely before Thanksgiving since there’s bound to be GOP senators that, barring an en masse drastic change of heart, would object to …
