This is simply an opinion piece. My statement, in any way you wish to take it, is simply my statement and may or may not be a shared view within this blog.

With the Senent saying no to an auto bailout, the current Presadent saying he is going to help them, and the treasury saying that they will help no matter what, was saying no to a regulated bailout such a smart idea?

(From Yahoo, Covered by AP)

The White House assessed its options Saturday on helping prevent the collapse of the U.S. auto industry. Any avenue of rescue, however, must surmount political obstacles and take into account the potential fallout on financial markets in a time of recession.

Bush administration officials kept details about any emerging plan closely held. They are talking with automakers and have yet to make final decisions on the size or length of the help.

White House deputy press secretary Tony Fratto said officials "are continuing to gather financial information from the automakers, assessing the data, their cash position going forward. We'll take a look at that information, make some judgments and review our options."

He said the focus is on "trying to get the policy right while considering the best interests of the taxpayer and our economy, and we'll take the time we have available to do that right. No decisions have been made."

The White House disclosed on Friday that it would consider using the $700 billion financial industry bailout plan enacted in October as a way to help the car companies, even though it has long insisted that money should be reserved for stabilizing markets.

Michigan Democratic Sen. Carl Levin, a key supporter of his state's leading industry, said the idea of emergency loans "is still very much alive."

It seams by saying no they will be able to play in the Bailout money but will it be as regulated as the Auto Bailout was?

Will they have to have a Car Czar to help formulate Restructuring?

Will they have to me the carbon standard that the Bailout would have hold them to?

Should we be happy with the Choice that the Senent made for us? I have to say, My opinion, is no. We still have to pay it with our tax money and they get a loan..... How do we hold there feet to the fire now?

(From Yahoo in full context)

President-elect Barack Obama Saturday said he will nominate New York housing official Shaun Donovan as Secretary of Housing and Urban Development , calling the job "essential" to restoring the economy.

"To end this economic crisis, we must end the mortgage crisis where it began. This all started when Americans took out mortgages they couldn't afford," Obama said in a text of his weekly radio address to be delivered Saturday morning.

Noting that one in ten homeowners now faces some form of financial problem, a record high, Obama said he's already asked his forming administration to produce a plan that help more people keep their homes.

And the reason for the Pick

"He knows that we can put the dream of owning a home within reach for more families, so long as we're making loans in the right way, and so long as those who buy a home are prepared for the responsibilities of homeownership," Obama said.

Little Bio

(From Wiki, Taking in full context)

Born in New York, Donovan earned undergraduate and graduate degrees from Harvard University, studying public administration at the John F. Kennedy School of Government and architecture at the Graduate School of Design.^[2]

During the Clinton administration and the transition to the Bush administration, Donovan was Deputy Assistant Secretary for Multifamily Housing at HUD, and was acting FHA commissioner. He became New York City's housing commissioner in 2004.^[3][2]

During the 2008 United States Presidential campaign, Donovan worked for the Obama campaign.^[1]

Bailout?! Scandal?! ....... Who cares?!

This is simply an opinion piece. My statement, in any way you wish to take it, is simply my statement and may or may not be a shared view within this blog.

 If you're like me your getting tired of seeing the Current news on Blogo-Gate and left to wonder what the current President is going to do to help out American. I am also sick and tired of them Pulling Obama away from getting ready to tackle the Economy and force him to answer "What was you doing on the Day Blago tried to sell your Chair?".

I want answer to when I will have health care and when the states will be green, not to this scandal or bailout. I wished that congress could kick out bush and let Obama in now so Obama can finally have the power he need to start the change instead of letting him set there and watch the world waste away from Bush's ugly values at work!

Why are "We the People" getting push aside for "Oh the Scandal!"? Why is the "American Dream" Losing to the "Republican Dream"?

Lets make this a Poll and find out who else is sick of this and what your worried about!

This is simply an opinion piece. My statement, in any way you wish to take it, is simply my statement and may or may not be a shared view within this blog.

(Taken in full context from Yahoo, and is a Politico cover. Take it with what ever grain of salt you have to)

 As General Motors announced the temporary closure of 20 plants Friday, Republicans who fought a White House-backed bailout plan want Americans to blame the United Auto Workers and think about Rod Blagojevich.