Filed under: bailout, politics | Tags: Chrysler, GM, President Bush, UAW, White House
And for once I actually mean it. That’s right. I’m not being sarcastic, snarky, or in anyway deceiving. I think President George W. Bush has absolutely done the right thing by helping Chrysler and GM.
The President recently approved $17.4 Billion dollars in loans to Chrysler and GM. The money is coming out of the $700 Wall Street Bailout already passed by Congress. The first half is spent, and Congress will have to approve the next $350 Billion. Chrysler and GM will receive 13.4 now, and an additional $4 Billion after Congressional approval.
The loan terms are for three years if the auto companies show viability. They have until March 31, 2009 to do so. If they have not made changes, and can not show viability plans the loans will become due immediately.
Some changes will have to come from renegotiated labor contracts, but that is being left to the company and the UAW. The White House, unlike the Senate actually gets this relationship! The following quote actually made me proud!
“We do not feel it is appropriate for government to dictate the specific terms of negotiations between management and labor or management and dealers or management and creditors,” is a direct quote from a White House official.
http://money.cnn.com/2008/12/19/news/companies/auto_crisis/index.htm?postversion=2008121909
Filed under: election 2008, politics | Tags: Attorney General, Eric Holder, Hillary Clinton, Homeland Security Secretary, Jane Napolitano, Jim Jones, National Security Advisor, National Security Team, Robert Gates, Secretary of Defense, secretary of state, Susan Rice United Nations Ambassador, White House
It’s like Monday night football…rolling out all the big guns. Okay, so it’s Monday morning, but whatever! It’s my blog and I liked it, so I’m going with it. Here’s a preview of the National Security Team line up…
Roberts Gates will be staying on as Secretary of Defense. I’m not sure for how long. I’m hoping for the first year, and then we’ll just have to see how that goes.
Hillary Clinton will be named as Secretary of State. I think this will be a huge step up from what we’ve had…
Marine Gen. Jim Jones named as the National Security Adviser at the White House.
Susan Rice named as the United Nations Ambassador.
Arizona Gov. Janet Napolitano will be named as the Homeland Security Secretary.
Eric Holder will be named as Attorney General.
It will definitely be interesting to see all these egos coexist! If Barack Obama can do it, I have high hopes for his Presidency. Even if he can’t get them to toe the line all the time, it’ll still make for a good read.
http://www.cnn.com/2008/POLITICS/11/30/transition.wrap/index.html
Filed under: election 2008, politics | Tags: Cabinet, CNN, Obama, president, President elect, President Obama, White House
Interesting and fun (well yes it is fun if you are a big political news reading dork like me) tool from CNN. Check it out. Not only do you get to fill remaining positions within the new Obama administration, but when you click on the pictures you get a little biography on each one.
Seriously, how is this not a good time???
http://www.cnn.com/interactive/allpolitics/0811/inner.circle/index.html
Filed under: Election 2009, election 2008 | Tags: Democratic Party, House of Representatives, Republican Party, senate, White House
A new poll suggests the American people are fine with Democrats controlling the White House, Senate, and House of Representatives. Interestingly enough 62% have a favorable view of the Democratic Party. How did the opposition fair? Not so well, only 38% have a favorable view of the Republican Party.
Well done boys and girls.
http://www.cnn.com/2008/POLITICS/11/11/one.party.poll/index.html
Filed under: election 2008 | Tags: Bush, Clinton, Obama, President elect, White House
So I pulled this article up about the transition from President Bush to President Elect Obama. I started as interested in the process and then became disgusted in the wrap up. Why are people still reporting on the Clinton people trashing the White House? It was ridiculous then and it’s even more absurd now. This is the shit I get so sick of!
Filed under: election 2008 | Tags: 2012, alaska, Palin, sarah palin, vice president, White House, Woman
Okay. I don’t like the lady. Not one bit. And man oh man does it upset me she is a woman! When I think about her being the first woman to represent us in the White House I truly want to vomit. YUCK!!!
I almost feel bad for the people in Alaska. I’m sure they were hoping she’d win and get the Hell out of their state!
http://news.yahoo.com/s/nm/20081029/pl_nm/us_usa_politics_palin_future
