Live Blog from the Anchor Desk 11/11/08
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2008/images/10/30/art.liveblog.jpg]
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 |
About this Show:
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
Questions or comments? Send an email
Want to know more? Go behind the scenes with AC361°
Subscribe to the podcast
On Twitter
Search the AC360 blog
If this is Obama's time right now, they why don't you keep quiet Palin????
Funny, the Japanese carmakers are the ones who have refused to move their plants overseas because they said it is important to keep America strong. What is wrong with us? They are not the ones we need to be upset with.
Was it Johnson? Wasn't there a couple mother-in-law's?
I would think President Franklin Roosevlt's mother. Of course, Eleanor Roosevelt's mother in law.
I don't know why Palin is still giving interviews. Although I do believe that the media was too rough on her, I don't think she has the qualifications to run for higher office.
I don't think the GOP allowed Sarah Palin to talk. The election is over so she's talking now and defending herself. Don't blame her. The anonymous McCain aides don't have the guts to come out and defend their statements.
The big three can get themselves out of trouble if they only would embrace newer technologies like Hydrogen Generators that would allow the vehicle to get better fuel economy and to reduce emissions. Image a full size pickup getting 30 miles to the gallon or more. The technology is out there now and people have been making there own and installing them.
The big three need to wake up and smell the air because the winds of change have blown.
oh please no more sarah palin. Poor daughter, now she is used for working on a better image for her mother. A real good mother would protect her from the media
Anderson, I just saw Matt's interview with Piper Palin. She missed a lot of school. Here in California, parents are put in jail if kids miss school.
Pam
Fair Oaks, CA
Anderson:
Yes, at least two presidents have had their MILs live in the White House with them.
Was FDR one of them? I can't remember that detail.
Hey Andy, maybe now you can interview Sarah Palin, or, maybe not! 🙂
stop with Sarah Palin...been there...done that...don't want to do it again ...seriously don't insult my intelligence
One problem is that auto industry bailout is coming at same time as bank bailout. I worry that if you force auto makers to produce certain type of car you may force them into an bad competitive position.
We wanted change, not bail outs.
Please do try to refrain from covering the presidential family as though they were royalty. It sends the wrong message. This is not another reality show.
Also, GM turned down an offer for help from the private sector by way of Carlos Ghosn. Why is it that the government should step in when they turned that offer down?
Love the Palin clip!
The irony of the auto industry is that the squeeze on them is caused by pension obligations to the UAW ....and the US Govt has the same black cloud on the horizon with Social Security and Medicare. This is a microcosm of what is coming for the US Govt ...but there is no one big enough to bail them out for the $50 Trillion in entitlements they have coming.
Governor Palin can't catch a break. She's condemned for no interviews and now the media thinks she's doing too many?
I don't think the automakers should depend on the bailout. It can only do so much for them. What will happen if the bailout is not successful? Everyone should be helping one another but I think if there is a will, there is a way.
I would love to see David Gergen assume a role in the Obama administration.
Any chance??
Why do we keep bailing out big business? Instead of the banks and car industries getting the government money. Why not make them sell their cars thru a government discounted price. This way the people get the government money and the car company can make more cars to keep their employees working. STOP BAILING OUT THE RICH!!! If the tax payers have to pay for it we might as well get something for it!
what Bush said about Obama's win is literally the smartest thing I have EVER heard him say and by far the most articulate he has ever been
Even if we bail out the Big 3 and they don't lay off their workers, they will just continue to build cars that no one is buying. The economy overall is not going to improve if we give the auto cos. money - so who exactly will be buying the cars that these people continue to make? How much money will it take to keep the Big 3 in business until 2010?
Good evening.I feel in my heart that the middle class is the back bone of this country.We need the Big 3 to stay alive and stay in this country.Their are so many of us that depend on these jobs and take pride in making these products in the USA .So many people have already lost their jobs and we are seeing the effects when the middle class gets it hard with job loss , lay off ,and jobs going over seas.
To Matt... Phil Graham was not right we arent a nation of whiners but a nation concerned with our future. Phil Graham sadly helped cause alot of this economic turmoil we are going through now..
I think it would be great if Michelle Obama's mother lived with them. I'm sure it would be comforting to the whole family to be together during this hectic time in all of their lives.
most heartfelt thank you to all our veterans...the sacrifices you made have more meaning then most of us will ever achieve in our lives...it truly takes courage and it is an unbelievable act of selflessness to do what you did and do...
so here's a quiz., has a presidents mother in law ever lived in the white house before????
we'll have the answer coming up.. but see if you can guess, and if you say yes, whose mother in law was it?
Who,s going to bail me out? I can see daily my retirement savings evaporate from my funds due to the greed of Wall Street and the Banks and yet they get bailed out with my money What rewards for greed. Again Who is going to bail me out? How about those poor young people with families who lost their homes do to this executive greed.
I think all of the president's in the future should bring their mother-in-law's to the White House. It should be like a new tradition.
The amazing thing is that after WWII, the US rebuilt Japanese industry. W. Edwards Deming gave them the Total Quality Management principles they all swear by today, and that have been the secret of their success. US industry has largely ignored his lessons, and paid the price.
Hello Anderson,
My thoughts on the Big Three Auto crisis with regards to a bailout, is that the oil industry should have to help pay for a bail out since they created unnecessary and outrageous gas price hikes that made so much money for them while resulting in a burden on the American people and a situation similar to pouring gasoline on an already burning auto industry.
Victoria V. Dubriel
Fort Valley, GA
What is this country coming to when we are going to have to import all of our automobiles, when there are no more American car makers. If we don't support our automobile industry it will mark the end of America as we know it. What will be the next industry to go?
I just can't see watching a car race such as NASCAR with all foreign cars. It's not just one industry. All of the suppliers that support the auto industry will be in jeopardy.
I say we take back the Billions of dollars we entrusted AIG and rather invest it in the Auto Industry. Not only would we stimulate the economy we would keep Americans working!!
I'm from the Detroit area and the last thing i want to see is it take an even greater decline. But Detroit and therefor the auto industry has continuously proven to make poor decisions for its people. I voted for Obama because I was inspired by his passion for environmental concern and his analogy to that of the space mission. Obama must force the big 3 to produce a car that is far beyond any other energy efficient car out there, not hand over $. This will truly help Detroit and ultimately the US.
Hope is a good thing, Mr. Bush!
A financial aid package for the Detroit Big 3 must require repayment upon sound business terms, similar to the Chrysler package that lee Iacoca negotiated.
Not only countless jobs from all parts of the manufacturing/assembly line are involved, but the "stand alone' ability of the Detroit auto industry is a key component of our national defense.
I am wondering if the Exxon Mobil should help GM for recovering their loss instead of bail out. After all, Exxon Mobil’s profits are 75 percent higher or more than any companies like General Electric.
ANDERSON, To help the American auto industry servive the goverment should give a rebate for the purchase of a new car or truck to the buyer instead of throwing money at the car companies. GM . FORD ETC. MUST SELL CARS Thats the only way for them to servive
The Fannie Mae and Freddie Mac mortgage renegotiation plan simply adjusts interests rates, lengthens loans to 40 years, and adds the "forgiven expense" of all the adjustments to the back-end of the loan. BIG DEAL!
When you talk about the automotive bailout you keep saying it is their fault for making cars that no one will buy. How about taking a look at the big picture, a lot of people don't have a job to purchase new cars. Do you think the automotive industry is the only manufacturing there is in the US. Check to see how many plants that closed like textiles, hosiery, furniture. These jobs was held by a lot of potential car buyers.
Isn't this a little deja vu? In the 70's the auto industry was building cars that no one wanted and the foriegn auto industry stepped in and took a large part of their business.
To those who think it would be a good idea for the oil companies to bail out the big 3. Well just who do you think will be paying for it in the end, us the american people. Oil company bailing out big 3 equals higher gas prices, but some people just can't do simple math I guess
If these companies do not get help to restructure, their employees will not have the money to purchase, the tax base will decrease and the unemployment costs will soar. Thus, almost everyone in all types of businesses will suffer from retail stores, servixces, travel...you name it!
The money needs to come from the 700 billion dollars already allocated.
I used to have so much hope for John Edwards! What happened?
I don't like having to bailout big corporate America to only see my tax dollars finance a retreat fit for the risen Valley of Kings. However, I think to keep complete economic collapse is to keep certain instituions afloat than by all means. It takes seconds to break a vase, but a looooong time to glue the peices back together. We should have had a more structured, thought out plan to distribute money. It seems we always have to learn from out mistakes. There should be measures put in place to foresee disaster and to plan for it.
Didn't the bailout of Chrysler in the 80's basically work? We did see a massive resurgence in the American auto industry in the 90's. Isn't the auto industry bail out essentially different than the financial services bailout in that auto industry may have erred, but hasn't taken the same sort of risks that banks and financial institutions have taken with mortgages and mortgage securities.
Sarah Palin is burning her bridges with the Republican Party as she "speaks out" after the presidential election.
The Big 3 have not moved with the Japanese automakers. Honda, Toyota, Hyundai, all have moved to hybrids that are cheap and reliable. What did the Big 3 do? NOTHING. I don't understand why America is lacking in this way. Aren't we a nation of inovators? Why are we lagging in automobile technology?
hey everyone, sorry im late.
Bail out the BigThree by taking over all of their employee and retiree health care responsibilities. This would level their playing field and be a useful test of the concept.