Leave a Comment

White House calls a timeout on the auto bailout
RedState: Conservative News and Community — Looks like taking money from the TARP fund to support an auto bailout isn’t as much of a slam-dunk as it appeared yesterday. It’s being reported this evening that the WH isn’t quite ready to pull the trigger on a bailout. From Reuters: President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry’s fate clouded in uncertainty for a little longer. Interestingly, this seems to correspond with the appearance of a story that popped from Heritage last night demonstrating that it would be illegal to use TARP money for anything other than financial bailout. The ...

Progressive Breakfast: Do I Hear $1 Trillion?
LiberalOasis : The Blog — ... of that investment must also be put into projects such as transit and rail lines." The Star (Malaysia) reports: "The economic crisis should not stop governments from serious action to combat climate change, but should instead be an opportunity to fund climate-related activities. This was a clear message that came out of the last days of the United Nations climate talks at Poznan in Poland." White House Still Pondering Auto Rescue Reports that Bush has not decided what to do about the auto industry are raising ...