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 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.
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.
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.
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.
We have Tuesday’s top news…What economic message did Barack Obama have for America’s governors? What message did they have for Obama? What did the markets do on Tuesday? Who is Obama’s apparent choice for Secretary of Commerce? What kind of restructuring plan are the Big Three automakers bringing to Congress? And what does Defense Secretary Bob Gates have to say about staying in the Obama administration? We have the answers as we bring you the biggest stories for Tuesday, December 2, 2008.
Texas Rep. Louie Gohmert has seen enough bailouts. Instead of another round for the auto industry and anyone else with their hands out looking for your money, Gohmert wants to impose a two-month tax holiday in which you would pay no personal income or Social Security taxes. Is this a good idea? How would it benefit the economy? Does this plan have much support in Congress? And does he expect an auto industry bailout to pass despite his own opposition? Listen here to our conversation with Rep. Gohmert.
On Monday, we learned the U.S. economy has been in recession for the past year? How was that determined? Why did that send investors selling? Why do some economists think the recession announcement really means we’re on the road to recovery? That’s what we ask Maurna Desmond, markets reporter for Forbes.com.
Who is likely to win today’s runoff in Georgia for a seat in the U.S. Senate? How have the campaigns of Saxby Chambliss and Jim Martin changed in the four weeks since Election Day? Is the filibuster a major campaign issue? What is the latest in the Minnesota senate recount? Will we soon have a winner or will all of this get dragged out in the courts? We ask Lou Jacobson, editor of Congress Now, published by Roll Call.
What is the best way to prosecute the war on terrorism over the next four years? Which country is responsible for most of the chaos in the Middle East? How do we effectively confront it? What’s the right path to follow in the Middle East peace process? And should the doctrine of pre-emption be on the table or scrapped for the foreseeable future? We ask all these questions to retired U.S. Army Gen. Paul Vallely.
