WASHINGTON -- It was clear from President Obama's address to Congress on Tuesday that he's a believer in the American automobile industry, but his grasp of automotive history suggests he could use a refresher course.Click here.
Obama said his administration won't protect auto makers from their own bad practices but is committed to a retooled auto industry, saying, "I believe the nation that invented the automobile cannot walk away from it."
Bush Visits Dallas Hardware Store, Jokes About Applying for JobThe article is here.
Bush was responding to an open letter to him from the store's president and CEO inviting him to consider a position as a part-time greeter.
Some GOP governors say new rules on unemployment benefits would hurt their states so they aren't going to accept a portion of the $787 billion recovery and reinvestment act signed into law this week.Read the rest here. It will be a shame if the unemployed, who really can't find a job suffers because of the Government loopholes.
Louisiana Republican Gov. Bobby Jindal is sticking to his position of rejecting part of the federal stimulus money for his state, saying Sunday that accepting an increase in unemployment benefits will lead to higher taxes on businesses in his state.
Mississippi Republican Gov. Haley Barbour, South Carolina Gov. Mark Sanford and Alaska Gov. Sarah Palin say they may follow suit. They say the money to be disbursed to the states in the $787 billion spending and tax cuts package comes with too many strings attached.
"The unemployment insurance reform, if you will, would require the state to pay people who are not willing to take a full-time job," Barbour told FOX News, saying his state is not going to expand benefits to part-time workers. "We're not going to change that. ... We're going to give up about $50 million of federal money."
"It would be like spending a dollar to get a dime," Jindal said on NBC's "Meet the Press. "The federal stimulus bill says it has to be a permanent change in state law if you take this money, so within three years, the federal money is gone, we've got now a permanent change in our laws."
Between 2003 and 2007 -- as many military families dealt with long war deployments and increased numbers of home foreclosures -- Army Emergency Relief packed away $117 million into its own reserves while spending just $64 million on direct aid, tax records show.Click here for the rest of the article.
FORT BLISS, Texas -- As soldiers stream home from Iraq and Afghanistan, the biggest charity inside the U.S. military has been stockpiling tens of millions of dollars meant to help put returning fighters back on their feet, an Associated Press investigation shows.
President Obama, calling the housing meltdown a "crisis unlike we've ever known," rolled out a $75 billion plan Wednesday that his administration hopes will keep as many as 9 million families in their homes.
The announcement in Phoenix comes a day after he signed a $787 billion economic rescue package that combines spending and tax cuts aimed at saving and creating millions of jobs.
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