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White House Considers Using Wall Street Rescue Money to Aid Automakers
washingtonpost.com - 12/12/2008
White House Considers Using Wall Street Rescue Money to Aid Automakers
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Washington Post Staff Writers Friday, December 12, 2008; 12:45 PM
White House, Democrats Near Compromise on Aid for Automakers
washingtonpost.com - 12/5/2008
White House, Democrats Near Compromise on Aid for Automakers
— washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) White House, Democrats Near Compromise on Aid for ...

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foxnews.com - 12/12/2008
White House Considers Auto Bailout After Senate Rejects Deal - FOXNews.com Transition Tracker
— foxnews.com — The White House said Friday it is considering using part of the $700 billion Wall Street rescue... fund to prevent the domestic auto industry from failing. Dana Perino, a spokeswoman for President Bush, said it would be "irresponsible" to further weaken ... (more) White House Considers Auto Bailout After Senate Rejects ...

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huffingtonpost.com - 12/12/2008
Auto Bailout: White House Considers Using Wall Street Bailout Funds
— huffingtonpost.com — WASHINGTON — The White House said Friday it will consider using the Wall Street bailout fund to... prevent the U.S. auto industry from collapsing after the Senate refused to pass a rescue bill endorsed by President Bush and congressional ... (more) Auto Bailout: White House Considers Using Wall Street ...
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Blog Reactions

Political Animal:  Bush reconsiders position on automakers

Newshoggers.com:  My two cents on the auto bailout

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Blog Reactions

Bush reconsiders position on automakers
Political Animal — ... both houses, Congress nevertheless failed to pass final legislation," Ms. Perino said in the statement. "Given the current weakened state of the U.S. economy, we will consider other options if necessary -- including use of the TARP program -- to prevent a collapse of troubled automakers." She said that allowing the economic harm caused by such a collapse would be "irresponsible." Separately, an official at the Treasury Department, which administers the TARP, said that the agency was " ready to prevent an imminent failure " of the auto companies. So, last night didn't go well, ...

My two cents on the auto bailout
Newshoggers.com — ... The $14B rescue plan to flailing automanufacturers General Motors and Chrysler pretty much died last night in the Senate.  The White House is now considering changing course and endorsing using Troubled Asset Relief Program (TARP) funds for the short term loans to the automakers.  While the House had passed the loan assurances earlier in the week, Senate Republicans threw up a roadblock when they demanded immediate large wage concessions by the United Auto Workers union.  When no agreement was made, the deal was considered kaput. ...

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White House and TARP to the Rescue of Automakers
tpmcafe.talkingpointsmemo.com 12/12/2008 — What now for the automakers, now that their bridge loan failed in Congress? The Troubled Assets Relief Program -- TARP -- was enacted to save Wall Street but it's already been so twisted out of its original shape by Hank Paulson that a bit more ...
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Obama Asks Bush to Back Rescue of Automakers
washingtonpost.com 11/11/2008 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
White House Still Working on Auto Rescue
time.com 12/16/2008 — The White House sought Tuesday to play down prospects for an imminent bailout for distressed U.S. automakers, suggesting any deal requiring taxpayer money will require major concessions
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nytimes.com 1/4/2009 — The Democratic economic package may include much more government-assisted health insurance and unemployment help. >
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nytimes.com 12/8/2008 — A $15 billion government rescue of the U.S. automobile industry would be directed by Bush appointees and impose expansive oversight. >
Pelosi and Reid Urge Aid for U.S. Automakers
nytimes.com 11/9/2008 — WASHINGTON — Democratic leaders in Congress urged the Bush administration on Saturday to consider using the $700 billion bailout for the financial system to aid distressed American automakers, in a prelude to what may become urgent negotiations over ...
My Way News - Automakers beg for aid as bailout bill stalls
apnews.myway.com 11/18/2008 — My Way News - Automakers beg for aid as bailout bill stalls
National Briefing | Washington: Inaugural Alcohol Sales — NYT > Politics 12/12/2008
Mayor Adrian M. Fenty of Washington said he intended to sign legislation allowing bars, restaurants and nightclubs to serve alcohol later than usual during the inauguration. >
White House says it may weigh other options to save auto industry — CNN Political Ticker 12/12/2008
WASHINGTON (CNN) — The Bush administration will consider other options, if necessary, to prevent a collapse of troubled automakers Chrysler and General Motors, a White House spokeswoman said Friday, one day after the Senate failed to reach a ...
"Many gaps" nix world trade deal breakthrough: USTR — Reuters: Politics 12/12/2008
WASHINGTON (Reuters) - The U.S. Trade Representative is disappointed there was not enough support to warrant new high-level talks on a world trade deal and many gaps remain between positions, a spokeswoman said on Friday.
Environmentalists blast changes to Endangered Species rules — CNN Political Ticker 12/12/2008
Environmentalists are not happy with President Bush's changes to regulations of the Endangered Species Act. WASHINGTON (CNN) — The Bush administration cleared the way Thursday for federal agencies to skip consultations with government ...
U.S. official to Moscow for arms talks next week — Reuters: Politics 12/12/2008
WASHINGTON (Reuters) - The Bush administration, with just weeks left in office, said on Friday it will send a senior official to Moscow next week for talks on nuclear arms control and the divisive issue of a U.S. missile shield in Europe.