Word: congression
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...what extent it wants to influence company policy. Beyond that, if the company does well, the yield from the government's investment may be locked up, unless it can find another car company, almost certainly foreign, to take its stake. That brings the conversation around to whether the Congress is anxious for GM to be controlled by VW or Toyota (TM). (See pictures of Detroit's decline...
...following year in Davis' life was instructive for the fledgling politician. Then just 31, Davis announced plans to challenge Earl Hilliard Sr., the first African-American elected to Congress from Alabama since Reconstruction. Davis was largely dismissed as an upstart who hadn't paid his dues by winning a lower-tier office. Despite being hailed by the Birmingham News as a "leader for the future," Davis lost. He attributed defeat to having raised barely $100,000. The next time he ran, in 2002, Davis had become adept at raising money, benefitting from donations from American Jewish groups concerned about Hilliard...
Torture, the economic collapse, the controversial firing of eight U.S. federal prosecutors, Vice President Dick Cheney's secret energy task force: there's no shortage of reasons to be scrutinizing the Bush Administration these days, and Congress is on the case on most of them. But from the Obama Administration's point of view, there are equally compelling reasons not to get distracted by public trials that do little to further the President's ambitious agenda of health care reform, the re-regulation of Wall St. and a bill to slow global warming, not to mention dealing with the ongoing...
...Katawal earlier this month, giving him 24 hours to clarify his actions. When the general wrote back defiantly, claiming the actions were legitimate, his removal looked imminent, sending shock waves through the political establishment and the donor and diplomatic community. The key opposition party to the Maoists, the Nepali Congress, disrupted parliament on Tuesday and was joined by 15 other political parties, including a key coalition partner, CPN-UML, to oppose the Maoists' move to unseat Katawal. Even the Indian ambassador to Kathmandu, Rakesh Sood, made several representations to Prime Minister Prachanda, asking him to back down...
...Nearly 20,000 PLA fighters have been verified by the U.N. and are ready to be inducted into the army if they meet the eligibility criteria. But that process has yet to begin, a stall that some have attributed to the opposition of the army chief and the Nepali Congress. "The fact is that the Maoists took things to the edge, and now face-saving within the party will be difficult," says journalist and Nepali Times publisher Kunda Dixit. "The problem is now not between the army and the Maoists but within the Maoists themselves...