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...York Democrat Chuck Schumer recommended that a single official - the Treasury Secretary, or someone else - be appointed to oversee the process. But nobody's volunteering for that job. Officials at Treasury and the Federal Reserve, already overburdened with the banking bailout, aren't interested. And the rest of the Bush administration seems to be running on autopilot for the final weeks of its existence...

Author: /time Magazine | Title: Automakers Win Hearts in D.C., But No Cash (Yet) | 12/6/2008 | See Source »

...automakers' future will have to wait until Barack Obama takes over in January. But again, GM and Chrysler don't have that much time, so discussion Friday turned to the possibility of a bridge loan to get them through until the end of March. Under questioning from Pennsylvania Democrat Paul Kanjorski, Wagoner said GM needed $10 billion to survive that long, and Nardelli said Chrysler would need $4 billion. Ford could make it that far without any help, Mulally said...

Author: /time Magazine | Title: Automakers Win Hearts in D.C., But No Cash (Yet) | 12/6/2008 | See Source »

...Oregon Sen. Ron Wyden, another Democrat on the Intelligence Committee, told the New York Times this week that he was open to discussing CIA techniques not included in the Army manual, as long as they were "legal, humane and noncoercive." "Just because the Army Field Manual is the best available manual, doesn't mean we can't do better," explained Jennifer Hoelzer, a spokesman for Wyden...

Author: /time Magazine | Title: Rollback on Torture? Not So Easy for Obama | 12/5/2008 | See Source »

...some of Jeb's admirable, results-driven passion. But while his education reforms, for example, did raise the abysmal accountability level in Florida schools, their overweening emphasis on standardized testing and punitive measures is more reflective of the GOP-dominated state legislature he reigned over and not the Democrat-controlled Senate he would chafe under...

Author: /time Magazine | Title: Why Jeb Bush Might Run for the Senate | 12/4/2008 | See Source »

...family issue can work both ways for the Bushes. Jeb's Senate chances, if he does run, could be dampened by the fact that his brother is leaving the White House with approval ratings that have fallen further south than Key West. Barack Obama was the first Northern Democrat to win Florida in a presidential election in 64 years, and one of Martinez's other big troubles is his own plummeting approval numbers, thanks in no small part to his close ties to President Bush. But that could all actually be a motivator for Jeb, whose sharp sense of dynastic...

Author: /time Magazine | Title: Why Jeb Bush Might Run for the Senate | 12/4/2008 | See Source »

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