Monday, March 30, 2009

Keyword News: [obama]

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Monday, March 30, 2009 9:28 AM PDT

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Some Ohio autoworkers unhappy with Obama plans
FOX 19 Cincinnati Mon, 30 Mar 2009 09:14 AM PDT
LORDSTOWN, Ohio (AP) - Some Ohio autoworkers are critical of President Barack Obama's hard line with General Motors and Chrysler. The president said today that neither company has proposed big enough changes to justify further large federal bailouts and called for "painful concessions."

Obama: No more auto bailouts
The Gainesville Sun Mon, 30 Mar 2009 09:14 AM PDT
President Barack Obama refused further long-term federal bailouts for General Motors and Chrysler, saying more concessions were needed from unions, creditors and others. He raised the possibility Monday of controlled bankruptcy for one or both of the beleaguered auto giants.

Still Hanging On to Relevancy
GenomeWeb News Mon, 30 Mar 2009 09:14 AM PDT
After President Obama announced that he would lift the stem cell restrictions put in place by President Bush, 10 members from The President's Council on Bioethics, appointed by President Bush with terms lasting until September, wrote on the Hasting Center's blog that Obama's characterization of his action "to lift the ban" was not accurate as "the policy announced by President Bush on August 9, ...

Obama expected to sign wilderness bill,130
WBTV Charlotte Mon, 30 Mar 2009 09:14 AM PDT
WASHINGTON (AP) - A bill to set aside more than 2 million acres in nine states as protected wilderness will be signed Monday by President Barack Obama.

President Obama: Controlled bankruptcy possible for Detroit automakers
The Muskegon Chronicle Mon, 30 Mar 2009 09:14 AM PDT
President Barack Obama said Monday that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts, and demanded "painful concessions" from creditors, unions and others as their price for survival.

Robert H. Frank: Nonsense Pronouncements about Budget Deficits
HuffingtonPost Mon, 30 Mar 2009 09:14 AM PDT
Last month the Congressional Budget Office projected that President Obama's recently proposed budget would add more than $9.3 trillion to the national debt over the...

Stocks Take A Hit As Auto Giants Face Bankruptcy Threat
KARK Little Rock Mon, 30 Mar 2009 09:14 AM PDT
Stocks are dropping on the prospect General Motors and Chrysler may be closer to having to file for bankruptcy. The Obama administration has requested that GM's CEO resign and is pushing Chrysler to merge with Italian auto maker Fiat.

Ohio governor: Obama right to force change at GM
AP via Yahoo! Finance Mon, 30 Mar 2009 09:13 AM PDT
Ohio's governor says he supports President Barack Obama's decision to force a change in leadership at General Motors Corp.

US midday: GM and banks drive Dow lower
ShareCast Mon, 30 Mar 2009 09:12 AM PDT
LONDON (SHARECAST) - The Obama administration̢۪s decision to reject turnaround plans submitted by General Motors and Chrysler caused a wave of selling on Wall Street Monday.

Obama sets hard road for U.S. automakers
Dose Mon, 30 Mar 2009 09:12 AM PDT
President Barack Obama on Monday rejected requests from General Motors and Chrysler for an immediate U.S. government bailout, instead ordering the two ailing automakers to draft more radical restructuring plans in order to justify further taxpayers' assistance.




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