Tales from the Trail

Washington Extra – A late start

November 18, 2010

obama_gmIt must be more than a little frustrating to win the Nobel Peace Prize for your best intentions — ridding the world of nuclear weapons – and then struggle to even get the START Treaty ratified this year. Not surprising, then, that President Barack Obama told his deputy to work “day and night” to get this thing through.

from DealZone:

‘New GM’ Gets a Visit from a Shareholder

September 15, 2009

obamalordstown1 GM's Lordstown, Ohio assembly plant has become a symbol of both GM's hard times and its best hopes for a turnaround after a $50 billion federal investment. A recent bump in sales because of the government's "Cash for Clunkers" program has allowed GM to call back more than 1,000 workers from layoff.   So it was a natural backdrop for a return visit by President Obama, who held a roundtable with workers and then gave a stump speech from the factory floor for his economic policies and health care reform.   But this is not your father's GM anymore and nothing about it as clear-cut as it seems -- even if you are the leader of the free world and head of the government that holds a controlling stake in the automaker.     At one point, Obama -- veering from his prepared remarks -- suggested that health-care reform would allow the UAW-represented workers in the audience to negotiate better wages.

No sequel to ‘cash for clunkers’ but…

September 3, 2009

While the $3 billion “Cash for Clunkers” blockbuster is over, Congress is not finished with Detroit. AUTOS/

The First Draft: Blank screens

June 12, 2009

BASEBALL/Millions of Americans could be staring at blank TV screens tomorrow, when broadcasters switch to digital signals.

The First Draft: End of an era for GM

June 1, 2009

AUTOS/Even though it was expected, it was still a jolt: GM declared bankruptcy this morning, the third-largest bankruptcy filing in U.S. history and the biggest ever in U.S. manufacturing.

The First Draft: Obama campaigns again – for his court pick

May 27, 2009

OBAMA/President Barack Obama is back on the campaign trail.

But this time he’s not trying to win himself a job …he is trying to win over support for his Supreme Court nominee,  Sonia Sotomayor.

The First Draft: Obama picks hispanic woman for court

May 26, 2009

President Barack Obama announced Sonia Sotomayor as his nominee for the Supreme Court this morning.

The First Draft: Ghost Town

February 17, 2009

On the day that the government gives itself $787 billion to hand out, turns out there’s nobody in Washington to print it up and hand it out.

Is it a car, is it a tank? No, it’s the presidential limo

January 14, 2009

It’s one of the world’s most highly visible vehicles, but paradoxically also one of the most secret — the U.S. president’s armored Cadillac limousine.

from Global Investing:

Sen. Corker to Chrysler: best hope is merger

January 13, 2009

Tennessee Sen. Bob Corker (right, in the driver's seat next to Mark Fields, Ford's president of the Americas), who pushed for tough conditions on the $17.4 billion U.S. government bailout for General Motors and Chrysler, said at the Detroit auto show that he hoped Chrysler would find a merger partner to survive.