December 5, 2008: New hopes for auto industry bailout (Politico)

  • “We have to take the macro-economics seriously right now. We’re in the steepest descent we’ve been in in modern times. This is crucial to stop this. So the American people need to understand. This isn’t a favor for the industry. This is a favor for the American people…This is to brake a collapse of our economy that is under way right now.” Recommend Buzz Up Send Email IM Share Digg Facebook Newsvine 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 = 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 = ‘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 Oprah: I’m not seeking job with Obama AP Obama political mentor interested in Senate seat AP CORRECTED: Town meetings start health reform effort Reuters More… Video: Napolitano nominated for Secretary of Homeland Security FOX 11 Tuscon Video: Napolitano headed to Washington, D.C. KTVK 3TV Phoenix Video: Napolitano accepts Obama cabinet position KTVK 3TV Phoenix Most Viewed - Politics Obama campaign mulls what to do with $30M surplus AP Congress, White House work to help auto industry AP Caroline Kennedy interested in NY Senate seat AP Sources: 5 Blackwater guards charged in shooting AP AP Exclusive: Pentagon to recruit aliens on visas AP All Most Viewed » Most Blogged - Politics A New Attorney Scandal? Bush-Appointed U.S. Attorney Won’t Vacate Office Under Obama Think Progress – Fri Dec 5, 7:23 am EDT Blogs About This Story (14) Prev Next Supreme Court today deliberates suit blocking Obama presidency – Fri Dec 5, 5:24 am EDT Blogs About This Story (12) Prev Next Nadler Plans Constitutional Amendment To Curtail Pardon Power TPMMuckraker – Fri Dec 5, 8:14 am EDT Blogs About This Story (11) Prev Next More From The transition’s Mideast conflict Hillary still part of the club Rangel aide disputes NYT on tax loophole benefiting Rangel Center donor Leahy and Holder meet on Monday Hoyer not sure House will take up auto bailout next week 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: Rep. Jackie Speier Speaker Nancy Pelosi Federal Reserve Chairman Ben Bernanke Jeffrey Sachs Congressional Budget Office 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