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November 11th, 2008
09:45 PM ET

Live Blog from the Anchor Desk 11/11/08

Tonight on AC360°, the inside story on President-elect Barack Obama's meeting with President Bush at the Oval Office. Plus, the push to try to help America's "big three" automakers facing declining sales and profits. And, on this Veterans Day, Obama's battle plans for Afghanistan and Iraq.

We want to hear from you. Here's your chance to be a part of the program. Just scroll down and post your comments.

We'll try to post as many as we can from 10-11pm ET. Keep in mind you have a better chance of getting your comment posted on the blog if you follow our rules.

Here are some of them:

1) Don't write in ALL CAPS (we don't like screaming)
2) Stay on topic.
3) Keep it short

Don't miss Erica Hill's webcast during the commercials. LINK TO WEBCAST

And take a look at our live web camera from the AC360° studio. LINK TO THE BLOG CAMERA


Filed under: Live Blog
soundoff (371 Responses)
  1. Candace from Canada

    “More than anything they (automakers) are the real hostages of the credit market.”

    Correction, American Consumers are the real hostages of the credit market.

    Soo True Curtis!

    A fine mess we find ourselves in.

    November 11, 2008 at 10:28 pm |
  2. Julie-Florida

    Please let me know when the government will begin the bailout of all small businesses...I could use some help myself.
    To continually restore private entities lends itself to a very precarious economic future. Additionally, these bail outs will not necessarily protect the worker but rather upper management. This needs to come to an end!

    November 11, 2008 at 10:28 pm |
  3. Clyde

    All sorts of bloggers are commenting about buying American and not foreign name plates. The fact is a very large percentage of the foreign name cars are manufactured by American workers in the U.S. Wake-up!!!

    November 11, 2008 at 10:28 pm |
  4. Travis

    When will this crazy bailout, or NEW "new deal" end!!!!! We are welcoming socialism with open arms, and are running from capitalism in this country. I can hear the founding fathers rolling over in their graves. Let them fail.

    November 11, 2008 at 10:28 pm |
  5. Minou, New York City

    Thanks for talking about Iraq and Afghanistan again!!! I'm glad to see Michael Ware safe in New York.

    November 11, 2008 at 10:27 pm |
  6. Karen Martin

    Why must we continue to bail out big business?? How about bailing out every citizen 18 years old and over with $100,000 so that WE can help turn the economy around by buying homes, buying cars, buying groceries, investing in the market, etc. That would certainly move the economy much faster than big business bailouts, and help us all save our homes, rescue our retirement nest eggs, and provide the necessities for our families.

    November 11, 2008 at 10:27 pm |
  7. eve

    NO MORE BAILOUT!!!!!!!!!
    Let the CEO's lower their yearly bonuses.
    We have to fight with the IRS over stupid $100.00 mistakes and nobody is there to help us. When is this going to stop?
    We are just opening the gate for all other companies to ask our government for help.
    NO, NO, NO MORE!

    November 11, 2008 at 10:27 pm |
  8. Roy

    hey auto companies, Go green or no green

    November 11, 2008 at 10:27 pm |
  9. Bruce G. Bloomington, Indiana

    Good evening.
    I'd like to know, where is the money coming from to bail out the auto makers. I know, the US Tax payers. But, where is the Government getting the money to lend them. If we have to borrow more money from other countries, Perhaps China, are we not giving these countries that we borrow money from, more power and leverage to force us, The US to form our policies around their wishes.

    November 11, 2008 at 10:27 pm |
  10. Jamie - Kentucky

    Who is going to bail me out when I fall? Where is my government now that I need help? . I think the auto industries did it to themselves, with there overpriced vehicles to pay for their underworked work-force.

    November 11, 2008 at 10:26 pm |
  11. Imani from Maryland

    Micheal Kircher, if the companies go bankrupt the cars will de significantly cheaper.

    November 11, 2008 at 10:26 pm |
  12. Sylvia, Chicago

    Ware seems to echo the same position as Rory Stewart has been campaigning for...smaller military presence with an equal if not larger humanitarian presence...help them rebuild and preserve their culture...don't try to destroy it...this is how you will win hearts and minds and most of all earn loyalty from the general population

    November 11, 2008 at 10:26 pm |
  13. Renee

    We have been mislead with the $700B bailout of Wall street, now we learn that there are tax credits totaling $140B to banks that merge, additional funds to AIG, Freddie Mac needing assistance,and the auto industry. On top of this tax cuts for the working middle class, relief for homeowners and a partridge in a pear tree. Something has got to give. It just may be the complete collapse of our financial system.

    November 11, 2008 at 10:26 pm |
  14. Jerry O. D. Lemon

    No, I don't think we should bail out the three big auto manufactures. When is all this bail-out stuff going to stop? If these companies would stop making all these big gas gusslers several years back, they would be doing great now. The american auto makers have done this to their selves and they now need to pay for it, and not expect the tax payer to pay for their poor management of this industry. We have to put a stop to this bail out stuff, as it is not working and it is going to put us in a full fledged depression. Our children, and their children for several generations will never get out this money pit, if we don't stop spending money we do not have.

    November 11, 2008 at 10:26 pm |
  15. Chris B in MD

    I agree the big miss here is how to enable our auto industry to make possible the next "put a man on the moon" type goal.

    Give GM the mandate to make a full electic car by 2012 and sell it as 25% of their fleet....and for Ford a Hydrogen one and for Chrysler a fuel cell vehicle. These strings come with the money...

    Make them part of innovation and the the contry will come out stronger and better and the USA will reclaim its position of doing things first!

    November 11, 2008 at 10:26 pm |
  16. Candace from Canada

    Kitty in Canada!
    Great news that your boyfriend will be back soon, his efforts and yours are much appreciated from a fellow Canadian!

    I LOVE CANADA! because of people like you and your boyfriend.
    We are a great country full of amazing people!

    November 11, 2008 at 10:26 pm |
  17. Richard Miffin

    I think they should be bailed out but with restrictions to how they build there cars in the future. For example, we need more fuel efficient cars.

    November 11, 2008 at 10:25 pm |
  18. Gelice

    I don't agree with the bailouts. I'm a small business owner, but if I were in trouble who would bail me out?... No one! So why should bigger companies get special treatment? Especially when they aren't willing to take pay cuts or even sell their products at lower cost. The bailouts aren't helping the people on the bottom. If tax payer money is to be used for such bailouts, it sould help all tax payers, not just the ones on top. We'd be better off giving the money back to the tax payers. Then you'd have money going back into the economy because people wouldn't be so afraid to spend. The government's trying to but a bandaid over a large gash instead of dealing with the actual issue. Bailouts are not helping!!

    November 11, 2008 at 10:25 pm |
  19. Lorie Ann, Buellton, California

    Michael Ware and Peter Bergen are always a wealth of knowledge.

    November 11, 2008 at 10:25 pm |
  20. Matthew Burke

    This is not the time to bail out the big three automakers. These automakers don't only make cars in the US. GM has factories in 35 countries our tax dollars should not go to saving jobs in other countries. While the "US" auto makers are manufacturing in other nations Toyota is making cars right her in the USA. These companies need to be punished for their poor decision making. Once they are bailed out who will have there hands out next, Kodak, Circuit City, DHL the list goes on.

    November 11, 2008 at 10:25 pm |
  21. johnie johnson jr

    Where do the bailouts stop? companies being bailed out need to be held accountable i.e. transparent. Are companies paying biig dividends and qualifying for bailouts? Also why can't taxpayers get similar deal Warren Buffet got? I'm quickly believing this bailout is a bigger scam than the reason we need one!

    November 11, 2008 at 10:25 pm |
  22. elisabeth meier

    why shouldn´t the grandma live with the family? Maybe she did before. Why should she live alone now? Is that really so strange ???

    November 11, 2008 at 10:25 pm |
  23. Brian in Alpharetta

    Erica, thank you. You're welcome.
    On the "Big 3" automakers- The govt. should help them. If they fail, we could become dependent on foreign automakers just as we're dependent on foreign oil. Moreover, the "Big 3" would have even more incentive to develop eco-friendly, oil independent vehicles. Go USA!

    November 11, 2008 at 10:25 pm |
  24. Justin J.

    Bail out the automakers? Have you seen a car lot recently? There always seems to be an overstock of vehicles. Do we really live in a world where automatic doorlocks and windows are still an option? How many times have you seen a commerical this time of the year informing us of "explosive end of the year everything must go make room for 2012" sale tactics. How much does a car change in year? Control your volume!

    November 11, 2008 at 10:25 pm |
  25. Brandi - Amherst, MA

    I have never heard of in-laws living in the White House...but I think it's wonderful! I hope Mrs. Robinson moves in to be with her daughter and her granddaughters. I know Michelle Obama talks about being a mom in the White House but I'm sure it would be nice to have some help to make sure the children have a "normal" life as possible...oh and Erica, I feel you on not feeling well...I am in the same boat...water is a wonderful thing.

    November 11, 2008 at 10:25 pm |
  26. Mike Jerrell

    After all the bail outs will our dollar be worth anything? When does business become accountable for their mistakes? Mike

    November 11, 2008 at 10:25 pm |
  27. Ayanna

    I don't know if the mother in law living in the White HOuse would be a permanent arrangement. I believe I heard a report that said she would be living there temporarily to ease the transition, to lend support to Michelle Obama and the kids in the busy adjusting period.

    November 11, 2008 at 10:25 pm |
  28. Scott Damman

    The automotive crisis encapusaltes America and our main street struggles: middle class squeeze, job loss, expensive healthcare, and the investment of going green for energy independance. This is not only a crisis of business, but truly a personification of what faces America.

    November 11, 2008 at 10:25 pm |
  29. sharon from Indy

    Residual forces? I hope for the safety of our U.S. forces, the residual forces will be enough to maintain a semi-peaceful Iraq.

    November 11, 2008 at 10:24 pm |
  30. Aric in Dallas, Texas

    Why bail out the American car industry? Unless you are willing to bail out every large industry. We are giving the ok to fail other industries. As a small business owner when my restaurants fail to make a profit I don't get paid but my staff still gets paid. I have to small corps should I run them and expect help from the Goverment...No If my business can't pay tax's and staff because the cost to do business has gone so high. Who do I pay staff or tax's?????? Flour costs are up 400% Dairy up 28% bail me out so I can continue to employee 60 hourly people and 5 salary not including myself

    November 11, 2008 at 10:24 pm |
  31. angela wilson

    If the auto industry had focused on building wise cars, we could have used bail-out funds for incentives to purchase the auto's. Re-think... Re-tool...Re-structure.

    November 11, 2008 at 10:24 pm |
  32. Jennifer - Michigan

    It's good to hear from Michael Ware – his insight is refreshing.

    November 11, 2008 at 10:24 pm |
  33. Gerry

    I for one will sure be happy when Sara goes back to Alaska and not heard from again. I find her voice very irritating to listen to.

    November 11, 2008 at 10:24 pm |
  34. Michael Birmingham

    The Big Three should not be bailed out. They have for years made bad decisions forseeing future markets and changing their products for these markets. Change in this industry is slow and takes many years. If we do this bailout we will be carrying this burben for many years to come with the same outcome.

    November 11, 2008 at 10:24 pm |
  35. gary g.

    ... so, if we haven't learned our lesson from the AIG bailout and the "resort charges", what are we, the american people, going to get if our representatives pay off the "big three" for their poor decision making and poor business acumen?

    November 11, 2008 at 10:24 pm |
  36. Allan

    If we are going to give out tax payers money to struggling U.S industries, why can't we do it in the form of tax incentives or rebates for buying domestically produced products. That way we don't have to rely on companies that have shown poor leadership, to show good judgement with our money. It seems AIG is providing a good example of how to waste taxpayers money.
    How much can we afford to waste?

    November 11, 2008 at 10:24 pm |
  37. Curtis

    "More than anything they (automakers) are the real hostages of the credit market."

    Correction, American Consumers are the real hostages of the credit market.

    November 11, 2008 at 10:24 pm |
  38. STANLEY OKAINE

    I believe that the American Auto industry should be bailed out as soon as possible. If we let our auto industry fail, then many Americans would lose their jobs. If we think that the DHL layoff was bad, then when these auto companies go under it is going to feel like a depression.The only way we are going to get our auto industry back in shape is by limiting the amount of foreign cars that come into this nation, because they are driving down GM, Ford, and Chrysler. We need readjust our trade agreements, that better support our American companies and help our economy grow.

    Student at SUNY-Albany

    November 11, 2008 at 10:23 pm |
  39. Big John

    Palin is only prooving what a fool she is by hanging around – even Perrot knew when it was over, it was over. Palin gives new meaning to "National Joke". Oh well, at least the late night commedians must be happy to see her still around.....ha ha ha. I hope Tina Fey will reconsider and do a few more immpressions of her, Tina is so good, I can't tell the difference.

    November 11, 2008 at 10:23 pm |
  40. KendrickH

    I believe that any assitance to the American Auto Industry must somehow be contingent upon its transformation into the producers of vehicles that are much more fuel efficient, and the producers of vehicles that achieve a technological leap forward to being much more environmentally friendly and to greatly reducing our country's dependence on foreign oil and any fuels that cause continued damage to health of our planet.

    November 11, 2008 at 10:23 pm |
  41. Judith Treadway

    Anderson,

    The de-regulations during the Reagan years (80s) and the Free Enterprise for corporations until now, have brought us to 'bailing-out" industries that have hired thousands of middle-class workers who have been layed off. The auto industry, like the insurance and investment companies is in line for 'their welfare payment" . And the worker? Who is going to keep them employed, paying their mortgages, health insurance, children's college education?
    Relief is needed for the worker. Let the corporations file bankruptcy, re-organize , get better management. They 'sky is not the limit" for greed and exploitation of the consumer or the government.

    November 11, 2008 at 10:23 pm |
  42. Jon

    The original name for the miltary effort in Iraq was : Operation Iraqi Liberation. Until they realized the acronym was too revealing of the neo cons real motives.

    November 11, 2008 at 10:23 pm |
  43. Brian Sheehan

    If the big 3 are not bailed out millions of jobs will be lost. Keep in mind not only will the automobile manufacturers go under but so will hundreds or thousands of suppliers to those companies. I work for one of those suppliers. The company I work for relies on GM for about 50% of it's business. The other 50% is divided amoung the other 2 and others. There are so few manufacturing jobs left in America and the auto industry is the largest one left. Take that away and all of its suppliers where do the millions of jobless Americans work?

    November 11, 2008 at 10:23 pm |
  44. Anubhav

    Hi Anderson,

    What does future hold for automobile industry in US. Keeping in mind the Cruid oil prices going down and Company's like Ford who has already sold there premium brands to India. They are also planning to lay off 2600 employees.

    Does future looks bright for President elect Obama, in this particular crises.

    Thanks
    Anubhav

    November 11, 2008 at 10:23 pm |
  45. Minou, New York City

    What does it matter what the number of the residual force is now? The number will change according to what's happening on the ground sooner or later anyway.

    November 11, 2008 at 10:23 pm |
  46. Mitch Martin

    Good Evening, Erica.

    November 11, 2008 at 10:23 pm |
  47. Scott

    In light of the potential collapse of one (or more) of the Big 3 automakers, what are the implications to consumers that buy cars from these firms, or own cars that are still under warranty?

    Once they go into bankruptcy do the warranties potential become null and void? Who would service the automobiles? What should we know?!

    November 11, 2008 at 10:22 pm |
  48. pamela

    we need a consumer bailout. no one i know (real people, taxpayers) can afford to buy a car or insurance for the car which is a law.

    November 11, 2008 at 10:22 pm |
  49. MissMary

    At least the Big Three has eliminated the "Boon Doogle's" of yesteryear.The Big Three eliminated country club memberships, entertaining ande gifts. AIG still seems to be doing business as usual, at a ridiculous cost to the American Tax payer. I applaud Government help for the Big Three.

    November 11, 2008 at 10:22 pm |
  50. Sylvia, Chicago

    Mick Ware always has a very sober and always on point assessment of our presence in Middle East...

    November 11, 2008 at 10:22 pm |
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