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...first visit to the White House, President-elect Barack Obama asked President George W. Bush to support giving some aid to the tanking auto industry but was rebuffed. A month ago, the proposal might have received serious consideration, but the atmosphere inside the Administration has changed now that the most dangerous part of the crisis appears to have passed. "There wasn't much of a debate" among Bush's top economic advisers about using part of the bailout money to help automakers, says a senior Treasury Department official. Of the first $350 billion released by Congress last month under...
Universal Waste started off with a post co-written by all the writers—Tyler W. Bosmeny ’09, Markus R. T. Kolic ’09, Matthews, Maryellen C. McGowan ’09, Garrett G. D. Nelson ’09, Randall Sarafa ’09, Prithvi R. Shankar ’09, and Matthew L. Sundquist...
President George W. Bush promised to build a "Star Wars" missile shield, and he has kept that promise - even if there is no guarantee if the shield works or that it increases security. There has indeed been much Democratic derision focused on what has mostly been seen as a Republican program, one that has been lavished with $100 billion since Ronald Reagan called for such a shield at the height of the Cold...
...foul, another set of odd allies getting together this weekend in Washington may well prove them wrong. The leaders of the U.K., France, Russia, China, India, Brazil, Saudi Arabia, South Africa, Turkey and 11 other developed and developing economies are meeting in Washington at the invitation of President George W. Bush. And the main thing these so-called G-20 members are likely to achieve is a declaration of continuing support for the international free-market system. (Read "10 Things to Do with Your Money Right...
...Others fear that Obama will expose the gulf between the European Union's rhetoric on foreign policy and its capability. Many member governments bridled at President George W. Bush, but his grating unilateralism gave them an alibi for inaction, says Daniel Korski, a senior policy fellow at the European Council on Foreign Relations. That excuse will no longer fly with Obama, Korski says. "Afghanistan will be viewed in Washington as a litmus test of whether Europeans should be taken seriously as strategic partners," he says. "It will be the issue that pushes them to take more responsibility for global problems...