Auto bailout pivots to Obama as Big Three seek revival
Bush announced 17.4 billion in emergency rescue loans to General Motors, Chrysler, and Ford with conditions. Banks, labor, creditors, and dealers must concede to restructuring, or loans repayable by March 31. Obama to lead long term reform as unions and Republicans react.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
George W. Bush
Bush
Obama
United Auto Workers
Congress
General Motors Corp
Chrysler LLC
Ford Motor Co
UAW
Federal Reserve
General Motors
Chrysler
U.S. Plans 60,000 Troops to Afghanistan by Next Summer
Adm. Mike Mullen signaled a potential increase of 20,000 to 30,000 U.S. troops, boosting forces in Afghanistan to as many as 60,000, with combat and support units included. He noted the year’s high violence and Taliban gains, while stressing governance and development as long term goals.
MENTIONED IN THIS ARTICLE
Kabul
Afghanistan
U.S
Pentagon
Adm
Mike Mullen
Joint Chiefs of Staff
Taliban
al-Qaida
Osama bin Laden
Mullen
Iraq
Wardak
Logar
Canada and Ontario pledge 4 billion bailout for Canadian automakers
Canada and Ontario announce a 4 billion Canadian dollar bailout package for the Canadian subsidiaries of General Motors and Chrysler. The plan, backed by Ottawa and Ontario, totals 4 billion in renewable loans. Prime Minister Harper says the aid is not a blank check and concessions are expected.
MENTIONED IN THIS ARTICLE
Oronto
Ontario
Detroit
George W. Bush
General Motors Corp
Chrysler
Dalton McGuinty
Ottawa
Harper
Community Christmas Tree Fund Reaches 30873 In Donations
Donations totaled 1320.00, added to this year's Community Christmas Tree fund, bringing the grand total to 30873.00. Events included a 12:30 to 1:30 p.m. gift distribution on Saturday, honoring grandson Byran Beckner.
Also Mentioned on This Page
Obama White House
Autoworkers Union
AIG
Citigroup
TASF
Fed
Robert Gates
Associated Press
10Th Mountain Division
Canada
Bluefield Dance Theatre
Oscar F. Figueroa
PCH, Brmc & HealthSouth
Westwood Commons
Bluefield
Bluefieldpulmonaryconsultants.com
Vesper Beckner
Kathleen
Byran Beckner
Scott
Alison Gatherum
Ann Gatherum Kiefer
Mike Kiefer
Gregory S. Mathey
Greg
Sam Lester
Ruth Kendrick
Titay GI Shop
Goodykoontz
Angels
Goodykoontz Drug Store
Bland Street
Princeton Times
Bluefield Daily Telegraph
Pec Saude Sante
Japanese Steakhouse & Seafood
Front Street
Richlands
AV Melua
Saar
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