The Big Three automakers want federal help. Barack Obama and Democrats in Congress want more fuel-efficient cars. California is right in the middle of one of Obama's first presidential controversies. Also, Goldman Sachs advised to short California bonds it helped sell, and we talk with the nurse who kissed the sailor on a Life magazine cover that's come to symbolize the end of World War II. She's an LA resident who was Grand Marshall of the Veterans' Day Parade in New York City.
Banner image: General Motors workers exit from the gate of the GM Powertrain plant in Warren, Michigan. Photo: Bill Pugliano/Getty Images