Last month, Congress told auto executives to try again in their efforts to land $25 billion in loans from the government. Now they want $34 billion. Should they get it? How urgent is the need for this money? Will they just be back for more in a few months? Can they ever hope to pay back the loans? And what gives us any optimism that the Big Three have a plan for success if they can get a boost from Uncle Sam? We ask automotive industry insider Peter DeLorenzo, author of “The United States of Toyota”.
Abortion Gift Certificates and America’s Moral Decline
Indiana’s chapter of Planned Parenthood is promoting gift certificates that are accepted for any service at their clinics – including abortions. What does this story say about the state of our culture and the decline of America’s morality? Just how far have the nation’s sexual morals plummeted from the Judeo-Christian standards of not long ago? What are the great benefits of living by the sexual standards of the Bible? And how should parents promote this mindset to their teens? We ask Dr. Albert Mohler, Jr., President of the Southern Baptist Theological Seminary and author of “Desire and Deceit: The Real Cost of the New Sexual Tolerance”.
Abortion Gift Certificates and America’s Moral Decline
Indiana’s chapter of Planned Parenthood is promoting gift certificates that are accepted for any service at their clinics – including abortions. What does this story say about the state of our culture and the decline of America’s morality? Just how far have the nation’s sexual morals plummeted from the Judeo-Christian standards of not long ago? What are the great benefits of living by the sexual standards of the Bible? And how should parents promote this mindset to their teens? We ask Dr. Albert Mohler, Jr., President of the Southern Baptist Theological Seminary and author of “Desire and Deceit: The Real Cost of the New Sexual Tolerance”.
New Jersey Rep. Scott Garrett on Auto industry Loan Debate
Are automakers making a strong case for receiving $34 billion in bridge loans? What lessons from the Wall Street bailout should be applied here? How long can the government keep spending billions to save different institutions? And what should fiscal discipline look like on Capitol Hill over the next two years? We ask New Jersey Rep. Scott Garrett, a member of the House Financial Services Committee.
New Jersey Rep. Scott Garrett on Auto industry Loan Debate
Are automakers making a strong case for receiving $34 billion in bridge loans? What lessons from the Wall Street bailout should be applied here? How long can the government keep spending billions to save different institutions? And what should fiscal discipline look like on Capitol Hill over the next two years? We ask New Jersey Rep. Scott Garrett, a member of the House Financial Services Committee.
The News
We have Wednesday’s top news… What are auto industry executives saying to win emergency assistance from Congress? What are the outgoing Bush administration and the incoming Obama administration saying about the new proposals for a Big Three bailout? What does the public think about the bailout? What happened on Wall Street Wednesday? And who is Obama’s choice to be the next Secretary of Commerce? We have the answers as we bring you the biggest stories for Wednesday, December 3, 2008.
Michigan Rep. Thaddeus McCotter Explains Why Helping the Big Three is Nothing Like the Bailout
Michigan Rep. Thaddeus McCotter represents a district just west of Detroit. What is his position on the proposed birdge loans to the Big Three automakers? Why is this much different in his mind than the bailout for Wall Street? Is the crisis really as dire as the automakers suggest? And what does he make of polls showing the public staunchly opposed to this aid to the auto industry? Listen here for all the answers from Rep. McCotter.
Automakers Head Back to Capitol Hill
What are the Big Three asking for in their second appearance before Congress? How urgent is help needed – especially at GM and Chrysler? What happens if they don’t get federal help? We ask those questions and many more to Marty Padgett, editor of www.thecarconnection.com – one of the leading auto industry websites.
Could the U.S. Soon be the Target of a WMD?
A blue-ribbon commission has concluded that the U.S. is vulnerable to a terrorist attack with a weapon of mass destruction (WMD). Why have they reached this conclusion? What kind of WMD might terrorists use? And most importantly, how can it be prevented? We ask Jim Kouri, Vice President of the National Association of Chiefs of Police.
Republicans Win in Georgia; Recount Drags on in Minnesota
Georgia Sen. Saxby Chambliss won his runoff for re-election Tuesday night, giving Republicans at least 41 votes in the upper chamber for the next two years. Why was he able to win so resoundingly? What blueprint might he have given Republicans running in future years? What is the state of the senate recount in Minnesota? And how is the GOP dealing with the announcement that Florida Sen. Mel Martinez will not seek a second term in 2010? We ask Amber Wilkerson, Press Secretary for the Republican National Committee.