The top US military officer said Monday he was “stunned” by the reach of the Somali pirates who seized a Saudi supertanker off the east coast of Africa, calling piracy a growing problem that needs to be addressed. But Admiral Michael Mullen, the chairman of the Joint Chiefs of Staff, said there were limits to what [...] "eliotcobb.com"
The chiefs of the “Big Three” US automakers travel to Congress Tuesday to plead with lawmakers to save their talismanic American industry, despite fading hopes for a quick congressional bailout. The chairmen and CEOs of General Motors, Ford and Chrysler will testify to the Senate Banking, Housing and Urban Affairs Committee as Democrats mount a long-odds [...] "eliotcobb.com"
U.S. auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential congressional Republicans and the White House. The hearings come as government and business officials around the globe look for new ways to bolster struggling automakers. Ahead of [...] "eliotcobb.com"
It’s Not Your Money! There’s a lot of talk about stimulus using Government money to bail out the economy. But will this really work. And who’s actually paying for this. When do we get a say? Barack Obama claims that the House of Representatives’ new stimulus plan is needed to save the economy. Democrats promise to be [...] "eliotcobb.com"
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