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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (420564)	9/28/2008 4:37:09 PM
From: steve harris	1 Recommendation Respond to of 1573062

Kerry is running around today saying it was Obama's bailout plan that is being passed. ABC News radio is repeating it every hour. ssdd

To: Jim McMannis who wrote (420564)	9/28/2008 6:10:46 PM
From: bentway	Read Replies (1) \| Respond to of 1573062

No Jim, i-node assures me that black boys can't memorize. They are unable to speak extemporaneously. If it isn't written down for them, they can't even talk.

To: Jim McMannis who wrote (420564)	9/28/2008 8:01:01 PM
From: tejek	Read Replies (1) \| Respond to of 1573062

Pelosi: The bill is "frozen" -- and it needs some Republicans As House Republicans met Sunday evening to talk about the financial rescue bill, House Speaker Nancy Pelosi delivered a message to them from a press conference in the Rayburn building: This is a "bipartisan" bill, and it's going to take some "bipartisanship" to pass. House Democratic Whip Jim Clyburn said earlier Sunday that he thinks a majority of Democrats will support the bill. It's far from clear how many House Republicans will. Another message from the speaker: Don't expect any changes to win more votes. "The bill is frozen," she said. "It's on the Internet, the public is looking at. That’s the bill we will bring down to the floor." politico.com

To: Jim McMannis who wrote (420564)	9/28/2008 8:03:00 PM
From: tejek	Respond to of 1573062

And now, $25 billion to Detroit Banking wasn’t the only industry to get a hand from Congress this weekend. The Senate on Saturday sent President Bush a spending bill that includes up to $25 billion in loan guarantees to help Detroit automakers retool their factories and develop technologies to reduce vehicle emissions and increase fuel efficiency. That amounts to a subsidy for such products as hybrid vehicles and plug-in electric cars. The measure followed months of lobbying by Detroit and the Michigan delegation. When executives of the Big Three automakers met with House Speaker Nancy Pelosi (D-Calif.), Politico’s David Rogers called it “continued pressure on government to intercede in the troubled economy.” The Detroit Free Press reported that it is “the largest federal aid ever offered to the U.S. auto industry.” The loan payments are deferred for five years, so the cost to taxpayers is $7.5 billion, AP reported. This is the bill that allows a ban on offshore oil drilling to expire. The House had passed it earlier, and President Bush has said he would sign it. Newsweek.com called it “The Next Bailout.” Automakers lauded the move in releases quoted by Bloomberg News. Ford called the legislation a "key enabler to Ford's plan to pursue advanced technologies." General Motors said the loans "will help speed the transition to cleaner, more fuel-efficient vehicles." politico.com