FROM James Rubenstein
Will Washington Rescue Detroit's Big Three? The Big Three bailout passed the House but stalled in the Senate today, even after Barack Obama warned that collapse of the auto industry would have "a devastating ripple effect" throughout the economy. In the Senate, Republicans, many of them from the South, were still saying, " No ." On this rebroadcast of today's To the Point, we hear whether regional interests are playing a role in preventing what Democrats, including Barack Obama, call a disaster of national proportions.
Will the US Get a 'Car Czar?' After a compromise between Democrats and the Bush White House, Congress passed the $14 billion Big Three bailout bill last night. Today Barack Obama said government can't stand by and watch the auto industry collapse, warning of what he called "a devastating ripple effect" throughout the economy. But in a debate on the Senate floor today, some Republicans accused the Bush White House of making a bad deal with the Democrats, including a so-called "Car Czar" they said would have too little power. Adamant those against helping Midwestern companies were Minority Leader Mitch McConnell and Richard Shelby of Alabama, both from Southern States which have subsidized non-union factories run by foreign car-makers. Are regional interests playing a role in preventing what Democrats, including Barack Obama, call a disaster of national proportions?
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.