It looks like the automakers will have plans ready for Congress by Tuesday, and the Big Three should be getting some concessions from the UAW as well.
Leave it to Joe Klein to sum up the sad spectacle of George W. Bush limping to the finish line of his failed presidency.
Watching Obama name a cabinet of all-stars is reassuring, though Bush also appointed heavyweights with impressive resumes. You can have the best team in the world, but that team will fail without strong leadership. I’m optimistic that Obama will fare much better than W.
Klein ends his column with a final indictment of Bush’s presidency.
So far, Obama’s appointments have been very impressive. A few liberals are complaining that he is picking too many moderates, but that’s just typical griping.
More importantly, liberals like Paul Krugman recognize that Obama is assembling a team of all-stars.
It’s striking how inept Reid and Pelosi appear on this issue. The Bush administration isn’t helping matters, but someone needs to take leadership here. Obama is trying to stay on the sidelines, but at some point he needs to speak up and take a strong position.
Meanwhile, the stock market is cratering on the news that a bailout deal has not been reached.
Everyone here is playing with fire. This is not about the auto companies, the unions or whether executives came to Washington on private jets. This is about a fragile economy that could fall into chaos if GM goes bankrupt. Nobody knows precisely what would happen, but taking that risk seems insane at this point.
Someone needs to start actng like a grownup here.
The Democrats are now at 58 seats, with the possibility of getting two more. The AP has called the race for Mark Begich in Alaska.
Ted Stevens represented everything that was wrong with politics in Washington, as he steered millions of pork dollars back to Alaska. Oh, and he was also a convicted felon. It’s a disgrace that the race ws even this close, but at least he won’t be returning to the Senate. Also, we won’t have to face the potential drama of Sarah Palin appointing herself to this seat in the event that Stevens won and then was removed from the Senate.