GM CEO resigns after Obama demands it

 

By MIKE ALLEN &JOSH GERSTEIN,Politico

Obama is running GM from the White House and fires Wagoner

The Obama administration asked Rick Wagoner,the chairman and CEO of General Motors,to step down and he agreed,a White House official said.

On Monday,President Barack Obama is to [...]

Geithner Says Some Banks to Need ‘Large Amounts’ of Assistance

 

By Ryan J. Donmoyer,Bloomberg

Geitner has lost the faith of Wall Street and Main Street

U.S. Treasury Secretary Timothy Geithner said some financial institutions will need substantial government aid,while warning against any attempt to tax investors who join a federal program to buy tainted assets from banks.

‘FRIEND’OF BIDEN’S DAUGHTER SHOPPING TAPE OF HER ALLEGEDLY DOING COCAINE

 

By BRAD HAMILTON,NY Post

Ashley Biden alleged to have used cocaine

A “friend”of Vice President Joseph Biden’s daughter,Ashley,is attempting to hawk a videotape that he claims shows her snorting cocaine at a house party this month in Delaware.

The anonymous male acquaintance of Ashley took [...]

NEW ERA OF SPEND &BLAME

Charles Hurt,NY POST

Obama spends and then blames others

FOR a guy who talks so much about wanting a new era of re sponsibility,President Obama spends an awful lot of time blaming Republicans for all the wild and reckless spending he crammed into his own budget.

After running [...]

Hedging on Afghanistan

National Review Online 

Obama has "friends"in Afghanistan

Pres. Barack Obama’s speech today was the first step toward making the Afghan war politically his own.

He couched his commitment to the war accordingly,minimizing it as much as he could manage while remaining consistent with the central thrust of his [...]