Showing posts with label President Bush. Show all posts
Showing posts with label President Bush. Show all posts

Friday, December 19, 2008

BUSH OUTLINES $17.4 BILLION AUTO INDUSTRY BAILOUT PLAN

This morning, President George W. Bush says he's offering $17.4 billion in loans to the auto industry because letting them collapse is ``not a responsible course of action.''

He says the rescue plan will require ``meaningful concessions'' from the auto companies and others, including labor unions and suppliers. The companies, he says, ``must understand what is at stake, and make the hard decisions necessary to reform.''


Bush said Friday he ordinarily would let the companies go bankrupt, concluding it's the ``price that failed companies must pay.'' But, he says, ``These are not ordinary circumstances.'' He says letting the industry collapse, amid a financial crisis and a recession, would be irresponsible.

He says there's ``too great a risk'' that a bankruptcy filing would lead to a ``disorderly liquidation of American auto companies'' and send the economy into a ``deeper and longer recession.''

Thursday, November 27, 2008

Remembering NM Troops Serving Overseas at Thanksgiving!

It's the time of year when we are reminded to give thanks, and we are reminded this morning that we are most thankful for the troops who have bravely served the country overseas.

Of course, New Mexicans are thankful for the many local men and women who have served in battle this year. On Monday, we talked to NM Veterans Affairs Secretary John Garcia about his legislative priorities for next year. He says he's preparing for the return of New Mexican troops who have been deployed overseas. Garcia also tells us about the collaborative efforts the state has with the Feds to ensure vets needs are met locally.

Listen to our interview here.



Millions of Americans are celebrating the annual Thanksgiving Day holiday Thursday with a traditional feast with friends and family. President George Bush is spending his last Turkey Day holiday at the Camp David presidential retreat outside of Washington, while his successor, President-elect Barack Obama is in Chicago.

The president thanked 7,500 military troops, just back from the Middle East for their service, two days ago at Fort Campbell in Kentucky. About 10,000 Fort Campbell troops have returned from the wars in Afghanistan and Iraq since October. But, other troops are scheduled to depart for the regions in the coming week.

Thanksgiving is even being observed in space. Today the astronauts and a cosmonaut aboard the International Space Station are marking the day. The U.S. space agency NASA says the crew of the orbiting outpost are dining today on a special freeze-dried meal of traditional foods including green beans and mushrooms, candied yams, cranapple dessert, cornbread stuffing and smoked turkey.

Earthbound citizens have lots of dinner options and most of them are not freezed dried. We found these great Paula Deen recipes featuring Honey game hens online at ABC News.

The United States has officially observed Thanksgiving since 1863, although the first Thanksgiving is believed to have taken place in 1621. UNM History Professor Ferenc Szasz talks about the founding of the national holiday of Thanksgiving by Abraham Lincoln in this interview with UNM's Senior Communication Representative Carolyn Gonzales.

We'll be off for the next few days sharing, caring and laughing with family and friends. We wish you and yours a safe and memorable Thanksgiving.

Last week we went Frozen Turkey bowling in Los Alamos with fellow blogger LP at the NMFBIHOP. Enjoy the video from our first experience with turkey bowling.

Sunday, May 25, 2008

Word Is: White Shares the Green!

Listen to an exclusive interview with the Bernalillo County Sheriff at the end of this post.

Republican Darren White's congressional campaign will be getting a cash infusion this week when President George Bush makes a lunch-time visit to the Duke City on Tuesday. Elite members of GOP, including Sen. Pete Domenici, will gather at realtor Steve Maestas' home in the Village of Los Ranchos de Albuquerque at noon to greet the president. Entry is $1000. A photo with the lame-duck president is $5k. Neither GOP senate primary candidate, Rep. Steve Pearce or Rep. Heather Wilson will attend. They'll likely be finishing up debate preparation before the face-off on KOAT later Tuesday night.

Last fall, before 6-term Senator Pete Domenici announced his retirement, the president raised $400,000.during a fundraiser at Village Mayor Larry Abraham's house. And, before the hotly contested 2006 CD-1 race Mr. Bush generated nearly $450k for incumbent Heather Wilson during an early trip to Albuquerque. Big donors have been tapped by senate and presidential candidates for their cash and because the president's popularity has declined, it is fair to say expectations are lower this trip.

White's campaign has raised $601,275 and has $383,039 cash on hand. Sources say they expect the president's trip to generate another $300k, but White doesn't get it all. A complicated formula developed by the national party is used to divvy the money up with the GOP's Victory 2008! Since April 1 White has collected $155,000. White says he "excited about the strong support he's receiving."

But White has opted out of buying television ads in his primary race against retiring State Senator Joe Carraro. He appears to be saving his resources for a full out battle this fall. He trails the leading democratic fundraiser Martin Heinrich who has received $733,763, but after fending off three opponents is left with only $205,884 cash on hand. Campaign finance reports for the CD-1 race are available on the Federal Election Commission's website.

A little more than a week before the campaign The Albuquerque Journal reports Heinrich, a former Albuquerque City Council president who has been campaigning for more than a year, had the support of 34 percent of likely Democratic primary voters, while former three-term Secretary of State Vigil-Giron had 23 percent. Michelle Lujan Grisham, who formerly led state agencies on health and aging, was third with 10 percent, while a political newcomer, Albuquerque lawyer Robert Pidcock, had 4 percent.

On August 27, 2007 I was in the presidential motorcade as it worked it's way back to the Kirtland Air Force Base. As the radio pool reporter I witnessed Albuquerque medics and police officers responding to the tragic motorcycle crash of Rio Rancho officer Germanine Casey. Officer Casey succumbed to his injuries after he struck a tree head on. Officer Casey had served with the Rio Rancho police department for 2 years and had previously served with the University of New Mexico Police Department. Another motorcycle officer was seriously injured escorting the president on a previous trip to the Town of Bernalillo. We've learned that officers have been told to slow it down a bit. Protecting the president is job one, but officer safety should not be jeopardized with these rolling roadblocks.
In April, during National Crime Victim Rights Week I spoke with the Sheriff White at the "Soar Above the Violence" event. White may be campaigning for congress, but he's definitely still on patrol looking for bad guys and helping provide resources to victims. He told me, "win or lose, I'll always be an advocate for crime victims."

During this five-minute interview, I learned White's own grandfather had been murdered in New York. If elected to congress he'll be the third sheriff to be actively serving in congress.

Photos: MG Bralley