President-elect Barack Obama said Monday a review by his own lawyer shows he had no direct contact with Illinois Gov. Rod Blagojevich about the appointment of a Senate replacement, and transition aides "did nothing inappropriate."
Obama said today he is prepared to make the review public, but decided to hold off because prosecutors asked for a delay and "I don't want to interfere with an ongoing investigation."
Controversy has swirled around the president-elect and his incoming White House chief of staff, Rep. Rahm Emanuel, following Blagojevich's arrest last week on charges he schemed to trade Obama's Senate seat for personal gain.
Watch this NBC news clip:
Here is what Keith Olbermann said on his show today:
Showing posts with label NBC. Show all posts
Showing posts with label NBC. Show all posts
Monday, December 15, 2008
Friday, December 12, 2008
New Rescue for Auto Industry?
With Republicans being assholes, the economy floundering, the Bush administration has declared that it will step in to prevent the "precipitous collapse" of the U.S. auto industry which would have been disastrous for the economy, with the potential loss of hundreds of thousands of jobs that was sure to follow.
A day after the Republicans killed the rescue legislation in Congress, George W. Bush realized he was about to be George Herbert Hoover Bush, and so changed his mind about using money from the TARP bailout. The TARP is the $700 billion Troubled Assets Recovery Program, the financial industry bailout plan enacted in October. The White House warned of the severe impact on a weakened US economy if the auto makers collapsed. President Bush had originally refused to use the bailout fund to help the auto makers, insisting that aid come from Congress. But the White House said it must reconsider after the Senate failed to agree on a $14 billion rescue plan late Thursday night.
In a letter to Bush, House Speaker Nancy Pelosi urged the president to demand "the same tough accountability" and taxpayer protections from the automakers as was contained in legislation that cleared the House at midweek.
President-elect Obama has also contacted President Bush and urged him to give the U.S. Auto industry the band aid that would get them trough the end of the year, so he and the Democrats can address the problem early next year. Obama, who will inherit the problem next month said,
LibertyAid Blog
A day after the Republicans killed the rescue legislation in Congress, George W. Bush realized he was about to be George Herbert Hoover Bush, and so changed his mind about using money from the TARP bailout. The TARP is the $700 billion Troubled Assets Recovery Program, the financial industry bailout plan enacted in October. The White House warned of the severe impact on a weakened US economy if the auto makers collapsed. President Bush had originally refused to use the bailout fund to help the auto makers, insisting that aid come from Congress. But the White House said it must reconsider after the Senate failed to agree on a $14 billion rescue plan late Thursday night.
In a letter to Bush, House Speaker Nancy Pelosi urged the president to demand "the same tough accountability" and taxpayer protections from the automakers as was contained in legislation that cleared the House at midweek.
President-elect Obama has also contacted President Bush and urged him to give the U.S. Auto industry the band aid that would get them trough the end of the year, so he and the Democrats can address the problem early next year. Obama, who will inherit the problem next month said,
"My hope is that the administration and the Congress will still find a way to give the industry the temporary assistance it needs while demanding the long-term restructuring that is absolutely required."Here is video from earlier this morning:
LibertyAid Blog
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