eGazette Political, Financial and Economic news

President Bush on Thursday said, “We’re facing this challenge together and we’re going to get through it together. The United States is determined to show the way back to economic growth and prosperity. I know some may question whether America’s leadership in the global economy will continue. The world can be confident that it will, because our markets are flexible and we can rebound from setbacks. We saw that resilience in the 1940s, when America pulled itself out of Depression, marshaled a powerful army, and helped save the world from tyranny. We saw that resilience in the 1980s, when Americans overcame gas lines, turned stagflation into strong economic growth, and won the Cold War. We saw that resilience after September the 11th, 2001, when our nation recovered from a brutal attack, revitalized our shaken economy, and rallied the forces of freedom in the great ideological struggle of the 21st century.”

Link: In Focus Economy

(C) The White House

President George W. Bush, joined by former astronauts Edwin ‘Buzz’ Aldrin, left, and Scott Carpenter, stand together during a moment of silence after tossing a memorial wreath Tuesday, Nov. 11, 2008 from the deck of the USS Intrepid into the Hudson River, during a Veteran’s Day tribute in New York.

(C) White House photo by Chris Greenberg

Link: Veterans Day

Resource: http://en.wikipedia.org/wiki/Veterans_Day

House Speaker Nancy Pelosi has thrown her support behind the premise that General Motors Corp. the largest U.S. automaker, is too big to be allowed to fail.
GM Judged Too Big to Fail as Pelosi Embraces Rescue -  Bloomberg 

Other articles
House to vote on emergency aid for auto industry Los Angeles Times
Pelosi supports new help for ailing US automakers The Associated Press
New York Times
Reuters

President George W. Bush and Mrs. Laura Bush welcome President-elect Barack Obama and Mrs. Michelle Obama to the White House Monday, Nov. 10, 2008, after the couple’s South Portico arrival.

(C) White House photo by Eric Draper.

(AFP) US President-elect Barack Obama may yet take part in the November 15 G20 global economic crisis talks in some capacity, a senior US official indicated on Wednesday.
Barack Obama would likely not play a direct role in the Group of 20 summit in Washington, but a senior aide to US President George W. Bush, speaking on condition of anonymity, told reporters the situation was not so clear-cut.

Link: AFP

Barack Obama is the new President of the United States of America.

Video: President-Elect Barack Obama in Chicago

Link: Barack Obama

The United States presidential election of 2008, held on Tuesday November 4, 2008, is the 56th consecutive quadrennial United States presidential election and will select the President and the Vice President of the United States.

The Republican Party has nominated John McCain, the senior United States Senator from Arizona as its nominee; the Democratic Party has nominated Barack Obama, the junior United States Senator from Illinois, as its nominee. The Libertarian Party has nominated former Congressman Bob Barr, the Constitution Party pastor and radio talk show host Chuck Baldwin, and the Green Party former Congresswoman Cynthia McKinney. Ralph Nader declined to seek the Green Party nomination and is running as an independent candidate.

The 2008 election is the first time in U.S. history that two sitting senators are running against each other for president and the first time an African American is a presidential nominee for a major party, as well as the first time both major candidates were born outside the continental United States—Hawaii for Obama and the Panama Canal Zone for McCain. Since the Republican nominee for vice-president is a woman, Governor Sarah Palin, the eventual winning ticket is very likely to be historic, as neither an African American nor a female has achieved either office. In addition, the Republican presidential candidate, John McCain, would be the oldest first-term president and the Democratic nominee for vice-president, Senator Joseph Biden, would be the first Roman Catholic vice president.

The election will coincide with the 2008 Senate elections in thirty-three states, House of Representatives elections in all states, and gubernatorial elections in eleven states, as well as various state referenda and local elections. As in the 2004 presidential election, the allocation of electoral votes to each state will be based on the 2000 Census. The remaining two electoral votes represent the two Senators from each state serving the U.S. (Washington D.C. is served through the 23rd Amendment). The president-elect and vice president-elect are scheduled to be inaugurated on January 20, 2009.

Link: http://en.wikipedia.org/wiki/U.S._presidential_election,_2008

Video the Vote is a national initiative to protect voting rights by monitoring the electoral process. We organize citizen journalists—ordinary folks like you and me—to document election problems as they occur. And then we distribute their footage to the mainstream media and online to make sure the full story of Election Day gets told. Watch our 2006 highlights and join us as we Video the Vote this November.

Learn more…

Alternet compares the candidates in twelve Voter Guides, issue by issue.

The Economy. From the housing crisis to the minimum wage, a look at where the candidates stand on nine important economic issues.
Democracy & Elections. From voter suppression to trust in public elections, a look at the candidates’ positions on 10 important voter issues. 
Drugs. Find out how Obama and McCain compare on everything from drug sentencing laws to drug use in politicians’ personal lives.
The Environment. From climate change to energy independence, a look at where the candidates stand on this year’s top 10 environmental issues. 
Health Care. Find out how the candidates compare on health insurance, prescription drugs, obesity, veterans’ health and more. 
Immigration. See how Obama and McCain compare on everything from border fences to Homeland Security’s brutal immigrant detention network. 
Media & Technology. A look at how Obama and McCain compare on everything from net neutrality to the digital TV transition.
Reproductive Justice & Gender. Find out how the candidates compare on the 10 most important reproductive justice and gender issues, from abortion to equal pay. 
Human Rights & Civil Liberties. Find out how the candidates compare on a range of issues from torture to wrongful convictions.
Sex & Relationships. A guide to how Obama and McCain compare on gay marriage, LGBT adoption and sex education. 
Iraq and Beyond. See how the candidates compare on the occupation of Iraq, the use of mercenaries in war and other issues in the so-called War on Terror.
Water. See how Obama and McCain compare on eight water issues from privatization to pollution. 

Download: All the guides as PDF

Link: Alternet.org

About Alternet
AlterNet is an award-winning news magazine and online community that creates original journalism and amplifies the best of hundreds of other independent media sources. AlterNet’s aim is to inspire action and advocacy on the environment, human rights and civil liberties, social justice, media, health care issues, and more. Since its inception in 1998, AlterNet.org has grown dramatically to keep pace with the public demand for independent news. We provide free online content to millions of readers, serving as a reliable filter, keeping our vast audience well-informed and engaged, helping them to navigate a culture of information overload and providing an alternative to the commercial media onslaught. Our aim is to stimulate, inform, and instigate (Copyright: Independent Media Institute)