General Motors CEO Rick Wagoner is stepping down effective immediately at the request of the White House, according to administration officials. The decision precedes a President Obama plan to restructure the auto industry which has been failing even with funding from the government. This restructuring is part of the deal for the Chrysler and GM to recieve additional loans from the federal government. They have already received close to 18 billion in loans and are now asking for 21.6 billion more. The decision to have Wagoner step down is not entirely unexpected, though it is sure to be politically controversial.
GM CEO Forced Out - Socialism Or Just Good Business?
Americans To Face Mandatory Health Insurance Coverage?
It appears that support for an American mandate to fall into place where you, I, and everyone will be forced to carry health insurance. Senator Baucaus, as well as a influential coalition supports this idea that was originally backed by Hillary Clinton and opposed by President Obama. Even Obama seems to be softening his stance on the healthcare mandate, as the President elect did not dismiss the idea and rather conceded that it will be “part of the debate” when his vaunted healthcare reform begins. What exactly would this mean to Americans?
Florida Offers Amnesty For One Day For Exotic Pet Owners
If you live in Florida and you are growing tired of that pet Bengal Tiger you have been illegally keeping as a pet, then March 21st is your day of amnesty. You can waltz on down to the Metrozoo in Miami and turn in that animal with complete amnesty. Florida is known for having its fair share of exotic pets and animals on the “black” market that are illegal in the United States. Surely this has at least contributed to the 133 non-native species that can now be found in the wilds of Florida. Some people just can not see that a wild animal will grow up, and potentially become dangerous.
New York Giants Start Workouts Without Plaxico Burress
The New York Giants voluntary workouts began on Monday, but they were without superstar wide receiver Plaxico Burress. Burress is preparing for a March 31st court date that will begin the legal process that will determine his personal freedom. Not freedom to play football, but freedom to walk among the civilized. Burress is facing felony gun charges that could put the former Super Bowl hero in jail for 3-4 years. Offseason workouts are voluntary, and nobody expected Burress to show, but the glare of the law process still seemed to be what was on everyone’s mind.
Natasha Richardson Injured In Skiing Accident
Natasha Richardson as originally reported on Monday has suffered severe brain injuries in conjunction with a skiing accident. The 45 year old actress and wife of actor Liam Neeson was said to have been taking a lesson on a beginner’s course at Station Mont Tremblant which is about 80 miles northwest of Montreal.
Seattle Newspaper to Become Web-Only Publication
The Seattle Post-Intelligencer has been a pillar of intellectual discourse and information through out the Pacific Northwest for decades. But in one of those “it had to happen sooner or later” moments, the major metropolitan newspaper is now shifting entirely to the Internet and will no longer publish a traditional paper version.
NASA Set To Send Off Shuttle Launch After Resolving Leak
NASA is set to launch the shuttle Discovery on Sunday after concerns over a potential hydrogen leak put the schedule behind on Saturday. The shuttle is intended to go to the international space station and will house seven astronauts. The mission, which is already several months behind schedule for the launch, is set up to be attempted every night until Tuesday. If the launch does not get off the ground by then, it will be delayed until April so that it does not interfere with a Russian flight to the International Space Station.
New York Plans High-Speed Rail
At a time when most states are announcing cutbacks in their annual budgets, and postponing or even eliminating new infrastructure projects, New York Governor David Patterson has announced that the state will seek federal funding for a new high speed rail line linking New York City with upstate New York.
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