|
- This means the only way to avoid a collapse of the U.S. auto industry is for the executive branch to step in. The American people want the auto companies to succeed, and so do I. So today, I'm announcing that the federal government will grant loans to auto companies under conditions similar to those Congress considered last week.
- The actions I'm announcing today represent a step that we wish were not necessary. But given the situation, it is the most effective and responsible way to address this challenge facing our nation. By giving the auto companies a chance to restructure, we will shield the American people from a harsh economic blow at a vulnerable time. And we will give American workers an opportunity to show the world once again they can meet challenges with ingenuity and determination, and bounce back from tough times, and emerge stronger than before.
- Related Searches: american industry the american people president bush Recommend Buzz Up Send Email IM Share Digg Facebook Newsvine del.icio.us Reddit StumbleUpon Technorati Yahoo! Bookmarks Print (function() { /** * YUI function to get all elements by class name * getElementsByClass */ function getElementsByClass(className, tag, root) { tag = tag || ‘*’; root = (typeof root == ‘string’) ? document.getElementById(root) : root || document; var nodes = [], elements = root.getElementsByTagName(tag), re = new RegExp(‘(?:^|\s+)’ + className + ‘(?:\s+|$)’); for (var i = 0, len = elements.length; i defaultHeight) { // if primary exists then use that height, otherwise use related var obj = getElementsByClass(‘primary-media’,’div’,related)[0]; if (!obj) obj = related; // set height from primary or related container minHeight = parseInt(obj.offsetHeight, 10); // if the minheight is smaller than default, then set it to default if ( (minHeight heightLimit) { // set overflow and height bd.style.height = minHeight + “px”; bd.className += ” overflow”; story.className += ” read-closed”; // add read more expand button var div = document.createElement(‘div’); div.className = ‘read-more read-more-expand’; div.innerHTML = ‘Read Full Article’; // we have to handle the case where a user might click the button before our YUI script loads // if so, remove the height and overflow setting then hide the button, also add #full hash to url so // if script eventually is loaded it doesnt recreate the buttons and collapse the story div.onclick = function(ev) { var e = ev || window.event; // show full story bd.style.height = ‘auto’; bd.className = bd.className.replace(‘overflow’,’expanded’); story.className = story.className.replace(‘read-closed’,”); // hide the toggle button div.className += ’ hide’; // disable link follow if (e.preventDefault) { e.preventDefault(); } else { e.returnValue = false; } } // add div to document bd.appendChild(div); } }})(); More on Elections Senator says Obama picks Mills to head SBA AP Obama: Help to automakers was "necessary step" Reuters Obama praises Bush rescue plan for carmakers AP More… Video: Obama names interior, agriculture secretaries AP Video: Obama rounds out his cabinet Reuters Video: Blagojevich weighs legal options KMOV Channel 4 St. Louis Most Viewed - Politics Obama poised to name new Cabinet members AP Bailout approved: Automakers to get $17.4B AP Obama team weighs up to $850 billion economic jolt AP Franken opens first lead in Minn. Senate race AP Mark Felt, ‘Deep Throat’ During Watergate, Dies at 95 Bloomberg All Most Viewed » Most Blogged - Politics Obama's Inaugural Mistake Washington Post – Thu Dec 18, 9:00 pm EDT Blogs About This Story (11) Prev Next Bush announces $17.4 billion auto bailout Politico.com: Politics ‘08 – Fri Dec 19, 5:22 am EDT Blogs About This Story (9) Prev Next Obama Team Assembling $850 Billion Stimulus washingtonpost.com - Business – Thu Dec 18, 7:59 pm EDT Blogs About This Story (9) Prev Next More From Blago to speak Republican denounces Bush on auto bailout Provocation of the day: Obama as Russell Voinovich breathes sigh of relief Warren and Obama Subscribe Add headlines to your personalized My Yahoo! page (About My Yahoo! and RSS) Elections - Politico Add to My Yahoo! RSS Presidential Elections Add to My Yahoo! RSS More News Feeds » Alerts Get an alert when there are new stories about: American industry The American people President Bush Add Selected Alerts View More Alerts » Also on Yahoo! News Today in History Obituaries Corrections News by Region (Yahoo! Directory) Yahoo! News & Media Sites Daily Features All Comics » Opinions & Editorials: Diverse views on news from the right, left, and center. All Opinion » Photo Highlight Photo Highlight Slideshow
HOME |
ARCHIVE
|
|