Tag: bailout plan

What's going on — Thursday News Roundup

Today’s Roundup comes from the Political Animal. Foolishly, I’m trying to get some of my work done. I’m happy to say that I have Representative Susan Fisher on my show this week. We will be talking about the North Carolina state budget and several of her other initiatives.  I will also have Angela Kelly from the Center for American Progress. We will discuss comprehensive immigration reform. * Busted: “The government is charging Angelo R. Mozilo, the former chief executive of the mortgage lender Countrywide Financial, and two other company executives with civil fraud. The Securities and Exchange Commission said Thursday afternoon

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UAW willing to go the extra mile

Senator Bob Corker basically came out of nowhere to insert himself into the auto industry negotiations. During his two years in the Senate he has been invisible. Now he steps forward and asks the UAW to take pay cuts. The UAW president responds in the video clip below: CNN now reports that the White House is considering using a portion of the $700 billion bailout funds to help the auto industry. From CNN: The Bush administration said Friday that it will consider using the money set aside to help banks and Wall Street to rescue the auto industry. The statement —

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Senate Passes "Rescue Plan"

I haven’t had time to review this bill but I will be reading on it later on tonight. From the New York Times: The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. In stark contrast to the House rejection of the plan on Monday, a bipartisan coalition of senators — including both presidential candidates — showed no hesitation in backing a proposal that had drawn public scorn, though

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Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.


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