GM Declares Bankruptcy; Government To Have Majority Share
General Motors has filed for bankruptcy as part of a government-led reorganization. The federal government will provide an additional $30 billion in aid -- and will have a majority share in the company of 60%. The plan is for GM to emerge from the bankruptcy within 60-90 days with a smaller work force, fewer plants and a reduced number of dealerships.
Obama's Day Ahead
President Obama will be speaking at 11:55 a.m. ET, on the General Motors bankruptcy deal. At 1:20 p.m. ET, he will visit the National Naval Medical Center in Bethesda, Maryland. At 4:45 p.m. ET, he will meet with the National Economic Council staff.
Cornyn Not Ruling Out Filibuster Against Sotomayor
Appearing on ABC's This Week, Sen. John Cornyn (R-TX) would not rule out a filibuster against the Sotomayor nomination. "I'm not willing to judge one way or the other, George [Stephanopoulos]," said Cornyn, "because frankly, we need to not prejudge, not pre-confirm, and to give Judge Sotomayor the fair hearing that Miguel Estrada, and, indeed, Clarence Thomas were denied by our friends on the other side of the aisle."
Rove: Bush Appreciates Cheney's "Forthright Defense"
Karl Rove told the Politico that former President George W. Bush -- who has publicly said he won't criticize President Obama -- privately appreciates the role that former Vice President Dick Cheney has taken on. "I know President Bush and Vice President Cheney talk with regularity," said Rove. "I know the former president appreciates Dick's forthright defense of the administration's polices. And I know Vice President Cheney understands the special role that the former president occupies."
Obama Praises Sotomayor -- And Dismisses Criticism -- In YouTube Address
In this week's Presidential YouTube Address, President Obama discussed his nomination of Sonia Sotomayor to the Supreme Court, praising her qualifications -- and rebutting the critics:
"There are, of course, some in Washington who are attempting to draw old battle lines and playing the usual political games, pulling a few comments out of context to paint a distorted picture of Judge Sotomayor's record," said Obama. "But I am confident that these efforts will fail; because Judge Sotomayor's seventeen-year record on the bench - hundreds of judicial decisions that every American can read for him or herself - speak far louder than any attack; her record makes clear that she is fair, unbiased, and dedicated to the rule of law."
RNC Address: Daniels Blasts "Imperialistic" Cap And Trade Proposal
In this weekend's Republican address, Indiana Gov. Mitch Daniels blasted President Obama and Speaker Nancy Pelosi for supporting cap and trade:
"It's become clear that the Pelosi bill has little to do with a cooler planet and everything to do with raising money for the out-of-control federal spending now underway in Washington," said Daniels. "Please excuse us Midwesterners for feeling a bit like the targets of an imperialistic policy, devised in places like California, New York, and Massachusetts for their benefit, at our expense."
Appearing on Hardball today, former Rep. Tom Tancredo (R-CO) was asked whether he agrees with Rush Limbaugh that the Obama Administration hates white people. His answer: "I don't know."
"What do I -- I have no idea if they hate white people or not. But I will tell you this," he said, as David Shuster attempted unsuccessfully to interrupt him. "I am sick of having people suggest that because I am Caucasian, I cannot -- and that's the suggestion here -- is that if you are white, Caucasian, male, you cannot comment on this sort of thing."
In an excerpt of a yet-to-air interview with NBC, President Barack Obama says his Supreme Court nominee Sonia Sotomayor probably should have chosen different words to convey the sentiment she was trying to convey in her now-famous 2001 speech.
Conservatives have latched on to this sentence--"I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life"--to suggest that Sotomayor is unfit to serve on the Court. Some have even gone so far as to call her a racist. Unsurprisingly, a fuller context of her remarks, which appear below the fold, tell a significantly different story.
The big argument going into the New Jersey Republican gubernatorial primary this coming Tuesday is just who is the legitimate conservative -- or more precisely, whether the establishment frontrunner Chris Christie is a legitimate conservative.
The latest Rasmussen poll has Christie, a former U.S. attorney, ahead of right-wing insurgent Steve Lonegan, a former Bogota mayor, by 46%-35%. But in a low turnout primary, of course, anything can happen. So Christie has brought in a true-believing, genuine conservative politician to be his advocate: Mitt Romney.
"Chris Christie is a strong conservative voice for balanced budgets, low taxes and more jobs," Mitt said.
A new CNN poll shows just how tricky the debate over health care really is. People are all for expanded coverage and greater government involvement -- right up until they have to face the tradeoffs.
"In general, would you favor or oppose a program that would increase the federal government's influence over the country's health care system in an attempt to lower costs and provide health care coverage to more Americans?" Americans favor government intervention in the health system by 69%-29%.
"In general, would you favor or oppose a program that would increase the federal government's influence over the health care you and your family receive in an attempt to lower costs and provide health care coverage to more Americans?" When it involves their own care and their families, approval is still high, but a bit lower: 63%-36%.
Newt Gingrich does not seem to be deterred by the new message of the Republican leadership, such as Sen. John Cornyn (R-TX), that he and Rush Limbaugh should stop calling Sonia Sotomayor a racist.
Gingrich has now sent out a fundraising e-mail, asking for help to send blast faxes to every member of the Senate demanding that the Sotomayor nomination be defeated. He even says that she shouldn't even get a vote in the Senate, but should just have to withdraw.
Gingrich warns that all of American civilization is at stake here. "If Civil War, suffrage, and Civil Rights are to mean anything, we cannot accept that conclusion," he writes. "It is simply un-American. There is no room on the bench of the United States Supreme Court for this worldview."
Joe Hoeffel, a former congressman, and Sen. Arlen Specter's 2004 general election rival, has come out for Rep. Joe Sestak (D-PA) in the likely Democratic primary.
"If Joe Sestak runs in the primary, I will support him," Hoeffel told the Daily Times of Delaware County. "I admire him very much and think he will be a strong candidate for whatever he runs for, including reelection."
Hoeffel's a well known and popular figure in Pennsylvania politics, and his endorsement could give Sestak some early, and helpful momentum.