Cash for Cars: Senate discussions continue

Senate Democrats now face a White House deadline over trying to pass through a further $2 billion for the Cash for Clunkers Program. However, they seem to be having trouble getting Republicans on their side to extend the Car Allowance Rebate System or CARS. Read more

The House of Representatives approves auto bailout legislation

General Motors Corp, Ford Motor Co, and Chrysler LLC., will now feel a little less pressure, as the House of Representatives has approved the bill to bailout the big three U.S. automakers. The bill was being negotiated by the Bush administration and the Democrats; it managed to clear the House by 237-170. Read more

Congress Bailout: General Motors Corp, Ford Motor Co and Chrysler LLC

It is no secret that the American auto industry is in trouble, and yesterday the Senate Democrats have taken their first steps in a $25 billion bailout plan. The loan has a lot riding on it, as millions of jobs are in the balance, but hopefully the cash injection can help the auto industry ride out the storm. Read more

President Barack Obama: Chicago Park Crowds Ready

Are you ready to welcome President Barack Obama, if not we know a crowd that is certainly ready and that’s at Chicago’s Grant Park. Most of the crowd did not have tickets but that didn’t matter, they are there and that’s what counts Read more

Londoners: Which celebrity would be a good Mayor of London?

A brand new survey recently put forward claims that the hard swearing chef Gordon Ramsay is the top choice for most Londoners if they could have any high-profile personality in the running for mayor.

This is why we ask “Which celebrity would be a good Mayor of London? Londoners were asked if they could choose a celebrity as a high-profile face to fun for Mayor, and here are the results.
31% of Londoners chose Gordon Ramsey with 14% was David Walliams of Little Britain and Prince Harry got a cool 13%.

Other celebrities like Hugh Grant got 7%, Kelly Osbourne 7%, David Beckham 7%, Kate Moss 4% and Madonna 3%.

The survey of 1,000 registered voters in the capital was commissioned by the online betting exchange, Betfair. Ken Livingstone is considered by Londoners to be the more trustworthy of the two with a cool 26% of people believing in him to be more likely to keep promises in his election; Boris Johnson got only 17%.

Here is the real candidates standing for Mayor of London –

• Sian Berry – Green Party
• Gerard Batten – UK Independence Party
• Boris Johnson – Conservative Party
• Alan Craig – Christian Peoples Alliance and Christian Party
• Ken Livingstone – Labour Party
• Matt O’Connor – English Democrats
• Winston McKenzie – Independent
• Lindsey German – Left List
• Richard Barnbrook – British National Party
• Brian Paddick – Liberal Democrats

Which celebrity would be a good Mayor of London?

Source

Ralph Nader for President: White House race more politically interesting or not

Now that Ralph Nader has said that he will run for President in 2008, this is going to make the White House race much more politically interesting. Other candidates running for U.S. President can certainly make a difference; you only have to look at the race in 2000 to see that.

When Mr Bush from Al Gore were in a virtual dead-heat in the state of Florida Read more

Florida Democratic and Republican Primary Live Results

Today is the day of the Florida Democratic and Republican Primary, for over a week Republicans Mitt Romney and John McCain have battled it out with issues of national security and the economy Read more

Crucial New Hampshire Polls: Hillary Clinton leading Barack Obama

The New Hampshire Polls are said to be crucial as we hear that Hillary Clinton is leading Barack Obama by six percentage points.

This is within striking distance for Democratic Sen. Barack Obama and after his success in Iowa; Obama is expected to increase further in popularity Read more

Ron Paul makes $4.2 million in just one day: From who?

Ron Paul, the republican presidential candidate has received $4.2 million in just one day; this was helped by the amount of internet support on Monday. Paul received a surge in donations while many people were celebrating Read more

Liberal Democrat Leader Sir Menzies Campbell Resigns

Reports have come in that Sir Menzies Campbell has resigned the leadership of the Liberal Democrats with immediate effect. Sir Menzies Campbell said in a letter, “It has become clear that following the Prime Minister’s decision not to hold an election, questions about leadership are getting in the way of further progress by the party. Read more

Ron Paul collects $6 million this year and stuck in national polls at 5%

We know that the presidential race is a costly one for both the Democrats and Republicans as many struggle to raise enough money to keep their presidential election race hopes Read more

Alan Greenspan Criticizes George Bush and Republicans For Putting Politics Before Economics

In his memoirs the former Federal Reserve Chairman, Alan Greenspan, has severely criticizes the Republican leaders and President George Bush for placing politics beofore economics in the running of the country.

Greenspan said Read more

Gen. David Petraeus Under Fire From Iraq War Sceptics After Congress Speech

Gen. David Petraeus is currently the top US military commander in Iraq, and he has recently given a speech to Congress on how the situation in Iraq was developing after George Bush sent a “surge” of troops to Iraq in an attempt to Read more

President Bush: Iraq Will Not Be The Next Vietnam

Recently US President George Bush has taken a lot of heavy criticism from Democrats wanting an early withdrawal of troops from Iraq. Ealier this week Sen. Hilary Rodham Clinton said the troops in Iraq should be honoured by bringing them home.

President George Bush defended Read more

Iowa Democratic Debate Heats Up On Iraq War

In the Iowa Democratic debate yesterday, the Democratic Presidential candidates had one of the most heated discussions of the Iraq war of this campaign so far.

The differences in the candidates policies towards Iraq were Read more

Presidential Hopeful Obama Will Change Broken US Political System

Democratic US Presidential candidate Barack Obama has said he will work for change in the “broken” US political system.

Barack Obama is Read more

US Dollar Surges 2% In 2 Weeks

The US Dollar Index has gained roughly 2 per cent in recent trading, rising from around 80 to nearly 82.

It the rate of the US Dollar to the British Pound is now Read more

Financial Loan and Mortgage Crisis Takes $167bln From Central Banks To Hold Off

Central Banks coughed up over $167 billion in an effort to prevent a financial crisis, in an emergency cash injection that was larger than that after 9/11.

The European Central Bank put $131 billion into the market after BNP Paribas, the second biggest French bank suspended Read more

Stocks Plunge As Bank Suspends Home Loan and Mortgage Operations

As soon as trading began today, stocks plunged as a large French bank, BNP Paribas, suspended three of its funds in light of the recent crumbling in the US housing and mortgages market.

Due to these home loan fears, the Dow Jones fell over Read more

Mortgage Crisis Worsens: Democrats Call For Action

The mortgage market is in deep trouble. American Home Mortgage has gone bankrupt, mortgage fears on Wall Street are harming corporate profits.

Mortgage companies are trying to reassure investors and customers that they will not be the next mortgage company to face insolvency Read more

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