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Obama & McCain, Together, Smiling? I Don't Get It.

ABC's Stu Schutzman from New York: Upon seeing the photo-op of John McCain and Barack Obama earlier today, I asked myself "what's wrong with this picture"? How many times have I asked this same question during this seemingly endless election...

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November 17, 2008 in President 44 | Permalink | User Comments (39)

More $$$ For More Banks

Just in from our Business Unit: Nearly three weeks after the first official announcement of the 9 banks that received $125 billion in exchange for stock purchases through the $700 billion "TARP," the Treasury Department this afternoon has announced that...

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November 17, 2008 in Economy | Permalink | User Comments (4)

Did I Say 'No Timetables'? Never Mind...

From ABC's Martha Raddatz: While we have all been focused on the next president, the current president has done a major turnaround on the Iraq war. Remember those "timetables" for withdrawing U.S. troops from Iraq that President George Bush said...

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November 17, 2008 | Permalink | User Comments (97)

Obama's To-Do List

Barack Obama was his calm, collected self on 60 Minutes last night, certainly not understating the scale of the task at hand but not appearing daunted by it, either. But it is difficult to imagine a more nightmarish Oval Office...

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November 17, 2008 in President 44 | Permalink | User Comments (9)

Auto Bailout -- Would Be Better to Burn The Money...

Congress is debating cutting the Big Three Autos a check...something to tide them over through these tough times. General Motors is bleeding money...some 2 billion dollars a day. Bail them out or let them go bankrupt? That's the billion dollar...

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November 17, 2008 in Economy | Permalink | User Comments (24)

The Morning Meeting

It's been a while since anything other than politics and the financial crisis got much attention in our morning conversation here. And while there are still plenty of stories under those headings (Obama to see McCain; the "vetting" of Bill...

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November 17, 2008 in The Morning Meeting | Permalink | User Comments (0)

Underground Plans For Baghdad

By MAZIN FAIQ, ABC News, Baghdad The Iraqi government announced today that it has earmarked $3 billion to develop a subway scheme to ease congestion in the capital Baghdad. But this is not exactly a new plan. Saddam Hussein was...

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November 17, 2008 in World View | Permalink | User Comments (9)

Scalp Inauguration Tickets...and Get a Year Hard Time?

ABC's Z. Byron Wolf Report: Say what you will about the laws of the open market in these days of Wall Street, insurance, home loan, and (maybe) auto industry bailouts. If the government is going to get involved where those...

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November 17, 2008 in Political Radar | Permalink | User Comments (13)

Somalia Piracy: On Land and Sea

By DANA HUGHES, ABC News Digital Reporter for Africa based in Nairobi The Sirius Star, a Saudi-Arabian supertanker carrying 2 million barrels of oil is the latest, and the largest, in a long line of ships to be hijacked off...

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November 17, 2008 in World View | Permalink | User Comments (11)

Shouldn't Investment Banks Hold Off On Bonuses?

The top executives of Goldman Sachs are going to go without bonuses this Christmas. 7 execs, including the CEO, felt it was "the right thing to do." Keep in mind the federal bailout money did NOT come with strings forcing...

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November 17, 2008 in Economy | Permalink | User Comments (15)