FROM John Stoll
Car Sales Drive off the Proverbial Cliff President Obama’s automobile task force is in Michigan this week to assess the so-called “viability plans” of Chrysler and General Motors. The task force already has determined not to recall the $17 billion in government loans approved by the Bush Administration, and have emphasized that bankruptcy is not their preferred option. But their final decisions won’t be made until end of this month. Meanwhile, auto sales are in free fall, especially among the gasoline-saving hybrids beloved by politicians who want the industry to turn “green.” How important is the price of gas? How difficult is getting a loan? Are car sales tied to housing? We talk with the world’s biggest Ford dealer and others about the present and future of the automobile. What would “an intelligent transportation system” look like?
Obama Awaits Auto Restructuring Plans, Cools on 'Car Czar' Tomorrow's the day for Chrysler and General Motors to file restructuring plans in exchange for federal bailout money they got last fall. In the meantime, President Obama has dropped the idea of appointing a “ car czar ,” and the Wall Street Journal says one option General Motors will present is bankruptcy. John Stoll wrote the story .
Mixed Messages from US diplomats on the new hard line on Syria Since President Trump's surprise retaliation against Syria's use of chemical weapons, Bashar al-Assad has used the same airport to launch conventional attacks on his own people. It's not clear what the US, its allies — or Vladimir Putin's Russia -- plan to do now.
Trump's ethical conflicts pile up as transparency diminishes President Trump's refusal to reveal his income tax returns is just one example of a lack of transparency that could be hiding conflicts of interest. Other conflicts are already obvious from his appointments. And he's being sued for using his job to increase his profits.
Nuclear crisis on the Korean Peninsula slowly coming to a head North Korea did not conduct a nuclear test this weekend, but it did show apparent progress in developing a missile that that could strike the United States. The Trump Administration says it has lost its "strategic patience." We hear what that might -- or might not -- mean for North Korea, China and the prospects for diplomacy.