FROM CNN's Jack Cafferty:
President-elect Barack Obama rallied the support of the hard-up U.S. auto industry during his campaign and promised a summit with the heads of Ford, GM, Chrysler and the United Auto Workers union soon after he takes office in January.
But that meeting might not come soon enough.
Last month saw the weakest pace of U.S. auto sales in 25 years. Chrysler's sales were down 35 percent and Ford's sales down 30 percent. General Motors sales plunged 45 percent. GM is expected to release some disheartening financials tomorrow as well.
Watch: Cafferty: Auto bailout?
House speaker Nancy Pelosi is meeting with the heads of all three auto makers and the UAW today to discuss the possibility of a second $25 billion loan to the companies.
The auto industry hopes that Congress will include that loan and other aid in a new economic stimulus plan. But there's no guarantee when or if that will happen.
Detroit's shedding jobs like they're going out of style. Michigan Governor Jennifer Granholm issued a plea today to Democratic leaders of Congress: Help us.
Here’s my question to you: Should the federal government come to the aid of the U.S. auto industry?
Interested to know which ones made it on air?
(PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
Barack Obama made history Tuesday night, after voters came out in record numbers to support him and many voting for the first time.
It was a stunning rise to the presidency for a 47 year-old freshman senator, let alone one who is African-American.
Along the way, he beat out a handful of familiar Washington names for the top spot on the Democratic ticket...Former Vice Presidential candidate John Edwards, Senator Chris Dodd, Senator Joe Biden who eventually became his running mate and, of course, most notably, Senator Hillary Clinton.
Her star power and powerful ties weren't enough to beat out Obama, but was there something more at play?
Women, who make up more than half the U.S. population, earned the right to vote in 1920. And while African-Americans were granted that right about fifty years earlier, for about a hundred years, voting was easier said than done for blacks. So what does Obama's victory say about us as voters?
Here’s my question to you: What does it mean that the U.S. elected an African-American president before it elected a woman?
Interested to know which ones made it on air?
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