General Motors officials have ststed that the next 100 days, are going to be very crucial, to General Motors, and the entire automobile industry. The officials of General Motors, Ford and Chyrsler, are reportedly meeting with Speaker of the House, Nancy Pelosi, regarding another twenty-five billion dollars, to assist in helping the automobile industry, on top of the first twenty-five billion dollar amount, allocated by Congress to the industry.
September sales in the U. S. were reportedly very dismal. Department store sales were down by double digits. Only Wal-Mart reported an increase in sales.
Toyota announced, that it was slashing its profit projection in half, as a result, the stock dropped 10%. This would represent Toyota's biggest profit drop in 18 years.
It has been reported, that the first thing that President-elect Obama might do, would be to put forth the S-chip health care program for children, promoted by Senator Ted kennedy, and vetoed by President Bush.
Report put forth that Robert Rubin, Treasury Secretary under former President Clinton, will not seek a position in an Obama administration.
Caroline Kennedy is rumored, to possibly be offered the position, of Ambassador to the United Nations.
The stories are coming out about Governor Sarah Palin, one of which is that they spent more than the initial one-hundred and fifty thousand dollars on her wardrobe. Her husband and children were also included, to the tune of tens of thousands of dollars more. A staff member reportedly said that the "Wisilla hillbilles", were looting Neiman Marcus from coast to coast. Anothe tidbit reported, was that Governor Palin did not know that Africa is a Continent. The story is in the newest issue of Newsweek.
Representative Rahm Emanuel, has reportedly accepted the position of Chief of Staff for the Obama administration.
As an aside, Mr. Emanuel's two brothers are very interesting, one is an oncologist, the other was the inspiration for the
character R. E. Gold, on the hit show, Entourage. Mr. Emauel himself, used to be a ballet dancer.
Many companies in U. S., reporting job cuts today. The anticipation is that the unemployment number, will rise at the next report.
The President-elect received his first, CIA briefing today. The Obama family will meet with President Bush, at the White House, on the 10th of November.
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Never dwell on the past so much, that you lose sight of the future.
