Live Blog from the Anchor Desk 12/02/08
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We're following breaking news tonight, Senator Saxby Chambliss holds on to his long-contested Senate seat. We'll tell you how his win will affect the balance of power in the Senate, and affect the Obama presidency. How do you think the new Congress and the new President will work together?
And the Big Three automakers ask Congress for even more money. They presented plans that include job cuts and dollar a year salaries for CEOs, but will it be enough to convince lawmakers to give them billions? What do you think?
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Don't women usually throw the drink at the man's face? Maybe the ex-bodybuilder is getting in touch with his feminine side.
Bea~ I stand corrected!
Good night Anderson, Erica and best bloggers......
Have a great night!!!! Sleep tight!!!!
See you tomorrow night!!!
Day of the shot with ugly politics fight!!!!! Ouch...... LOL!!!
Well again I missed most of the show, darn!
I need my AC360 fix! 🙂 I just feel so out of the loop!
Have a good night everyone, lets hope the economy looks better in the morning.
*lol* great shot of the day! 😉
Have a good night All!
Tuesday night Shot? It appears it was more than a shotglass full of water thrown around. It's amazing how adults can be so much like infants. Water fight! Night all
Bea: the dif is, they have no cause they're fighting for. all they want is money.
Betty, despaeation does not cause crime. Laziness and disrespect for other human beings cause crime. There are many folks who are desperate who would never harm or step on others to advance themselves.
The big 3 forgot to make their product affordable & of high quality .
even if they are bailed out I'm not buying a new car.
It almost seems like the show just started. All the topics were really interesting tonight. Thank you!!! Have a great Wednesday Bloggers!
OMG, lol, The Shot is hilarious!
That's some good TV!
Wow! that is so scary people in the cruise...... I hate pirates!
This pirates problem is a classic example of what can happen when a country has no real government. It is time the world gave Somalia some thought, again.
Desperation causes crime. What a shame we have modern day pirates ;-(
-(
Why aren't these "pirates" called terrorists? What's the difference?
For as long as companies pay ransom to the pirates, there will be hijackings. I don't have solution, but paying money isn't it.
One of the points a lot of people are over-looking is the layoffs... GM losing (another) 31,500 jobs? where are these people going to go?
I want to get a copy of Bill Bennett's book. It sounds like a winner.
I've been wanting something like that, and now it appears as though I have the opportunity to obtain it. Hats off to Bill Bennett. I like him so much.
What was the function of announcing the $1 yearly salary and getting rid of the jets? Was it supposed to induce sympathy from taxpayers? Why aren't these auto companies approaching the oil companies for a bail-out loan? Why is the money from the taxpayers their goal to get? It seems they are not very confident that they will make a profit, so the government might be more forgivable than another corporation, if their company doesn't make it. And, if oil companies were approached and they chose not to invest in these companies, then why would the government want to make an investment in these failing companies?
If the Big 3 are unable to produce profitable business plans, then the money shouldn't be given. The government needs to re-direct those funds to those who will lose their jobs and provide services to get people back on track. Rather putting money into a failing company, how about giving money to profitable companies as incentives for the creation of new jobs?
Well, since David Gergen said his bet is that the Big Three will now get help from government and since he's always right :), then, the big question is how much help will they get....the whole $34 million?
Goodnight y'all.
See you tomorrow, Anderson and Erica!
🙂
I want know..... I thought India police are not aware that terrorists came in Mumbai, no warning for people... it is so scary for people.... How come they are no idea or not aware of problem terrorists hijacked or else?
Erica – so true. American automakers have ignored consumer trend by building big cars and ignoring the luxury market.
An overhaul will definatley have to be made in all 3 companies.
Curtis Jo, it would be a disaster if a cruise ship were hijacked. It means hundreds of ppl that could get killed. who's going to rescue them all without losing some of them?
Erica, did the analysts also note that Nissan just built a huge plant in Mississippi and Toyota built a $2B plant in Texas to build trucks to catch up to the Big 3 because that is what the consumers wanted?
Betty Ann, cruising is a HUGE value and (now) very cheap, especially compared to hotel rooms. It's not for the very wealthy anymore.
David Gergen: Surely there has to be some compromise on the Republican side as well; voters showed they want action on the war in Iraq, on health care, education, the environment, etc. All the things the Republicans did nothing about when they were in power!!
Why don't nations that have shipping interests off the coast of Somalia provide naval escorts. These pirates should not be that difficult to stop. They are boarding and capturing vessels using speedboats and small arms.
Glad to see David Gergen on the blog tonight. Alway enjoy your insights. I agree about the Big 3 bailout. I don't think we can afford not to do something. But it was nice to see Congress say come back with a plan.
Peter Bergen is amazing! The terrorism in India is deplorable! This is madness!
BettyAnn,
Yup! he does! he is best analysts terrorism tonight!
John, it is MORE critical that we bite the bullet and follow the free-market system, where those who can survive, do so because of integrity, smart decision making and a competitive spirit. It's absolutely wrong to reward bad decision making and an outdated business model. It doesn't happen for small businesses (who create 90% of jobs in this country) and it shouldnt happen for big business.
David Gergen – Love your comments!
I agree – now the big 3 will get their help.
If our foreign policy pays more attention to hot spots that might help avoid vacuum of initiatives that could lead to terrorist attacks...but seems like we have stay on the offensive, too
tyler, it's true that the economy and consumer spending play a very impt role, but there has also been significant criticism of the big 3's products for some time.
i remember speaking with analysts more than a year ago who said the issue in many cases is that american automakers missed the boat years ago by sticking to big cars and ignoring a growing market for luxury touches and finishes - things that don't have to come with a luxury price tag but that go a long way with buyers.
sadly, there are a number of factors here and the worst part is the number of people who will be affected by this
if all they want is a loan. why dont the car makers borrow the money from the oil companies since they have been making trillions of dollars of the years off the cars thebig 3 has made.
Pirates attacking American cruise ships. Isn't it amazing that enough people can afford cruises? Wow! It's all those bailout people~
Curtis Jo:
The pirates are looking to get million dollar ransoms. A cruise ship would be quite the catch with a bunch of innocent passengers. Several countries have paid ransoms to just these pirates.
David Gergen, I have the feeling that the big 3 bailout will be the first of many. When does the bottomless pit of government money dry up for good..
Hellooo David Gergen!!!!
I am glad to see your blog tonight...... Yes, that's true I agree! You have good point.......
Get rid of luxury models? I don't think so! People will buy exclusivity! Unfortunately, Europe has that locked in.
It is critical that the auto makers receive their bailout. Their failure would have profound implications for the economy. However, they need to be run more efficiently. Dropping underperforming brands is a good start. Plus, they need to build higher quality, more fuel efficient vehicles.
What? Biological weapons don't kill masses of ppl? Um, how about those pox viruses? I can't believe P. Bergen just said that!
The big 3 fed excess. Now they have to feed conservatism. They have to reinvision themselves. I don't see any new ideas. But yes, they will get help I think. They should if Wall Street gets it, sad to say.
Peter Bergen is amazing! The terrorism in India is deplorable! This is madness!
They can begin by getting rid off all luxury models and introducing a single model system that benefits consumer which will create a higher demand from consumers.
Hey Megan! I like your comments too! LOL!
Hey Betty Ann! Thanks!!!! 🙂
The government should bail out the auto companies but they need to put forward significant concrete plan and also restructure their management team.
Government need to think about the innocent employees who are going left without jobs and punished for a bad judgment/strategy of the board of directors. God says lend a helping hand when it is needed and he will reward 10 times more.
Regards the Chambliss win: Given the really big decisions that must be made and the high risks involved, Obama does not want to force them down the Republicans throat (60 vote cloture) and then take all the heat when things don't quite work out. He needs to have a modicum of bipartisan support and never wanted to use the 60 vote majority hammer. If the Republicans become obstinate, purely partisan obstructionists in a time of great need, you can count on several moderate R Senators to switch sides. He man even need them to offset Blue Dog Democrats that could defect. The Chambliss win is not the big loss for Obama or Repubican victory some make it out to be.
Pakistan is denying any State invlovement. How do they explain that they have not honoured the interpol red corner alert against Doud Ibrahim for last 15 years. He is the suspect and living openly in Karachi.
It is similar to Pakistan haing diplomatic relations with Taliban whle they were plotting 9/11 here in US and the government of Poakistan denying that ISI had nothing to do with creation of Taliban.
It will be good for CNN viewers to know that only 3 countries recoganized Taliban before they caused 9/11 and these were – Pakistan, UAE and Saudi Arabia.