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NEW YORK (AP) — ABC News will present a prime-time interview with President Barack Obama on health care issues next week. The network's special will air June 24 at 10 p.m. Eastern, on two-hour tape delay. Charles Gibson and Diane Sawyer will moderate the White House discussion with a live audience, also taking questions submitted by viewers. That morning, Sawyer will interview Obama for "Good Morning America." Gibson will anchor that evening's edition of "World News" from the White House Blue Room.

Many have claimed the federal government was playing fast and loose with the rules surrounding its takeover of General Motors and the circumstances surrounding the selection of which dealerships would remain open and those that wouldn't. Fox News' Gretchen Carlson came forward with evidence of this through a personal account of dealership closings. Carlson, a co-host on the Fox News Channel's morning show "Fox & Friends," appeared on Glenn Beck's June 9 program and questioned the logic behind the decision reached by the government and General Motors (GM) to close down a dealership that has been in her family for...

2009-Jan 01/05 173.7 01/12 183.5 01/19 189.8 01/26 189.0 2009-Feb 02/02 194.4 02/09 197.8 02/16 201.6 02/23 196.3 2009-Mar 03/02 198.8 03/09 199.3 03/16 196.4 03/23 201.4 2009-Apr 04/06 209.0 04/13 210.4 04/20 211.2 04/27 210.2 2009-May 05/04 212.9 05/11 229.0 05/18 236.0 05/25 248.5 2009-Jun 06/01 257.2 06/08 267.3 sourceYou may notice that the average retail price of gas that President Obama inherited was around $1.89. Five months into the Obama presidency, the price has increased by 41%. The price spikes of 2008 brought calls for nationalization of the oil industry by a handful of Democrats, but at...

The government is set to announce as early as Tuesday morning which of the country's biggest banks will be able to repay billions in federal bailout dollars in a decision that risks creating a two-tier banking system -- winners and losers. Congress approved the $700 billion Troubled Asset Relief Program eight months ago as financial markets teetered on collapse. Almost ever since, banks have been eager to pay back bailout money and cut the federal strings that come with it. Combined, the repayments could exceed $50 billion. Experts say that figure reflects a measure of stability that has returned to...

WASHINGTON — President Obama was getting his daily economic briefing one recent morning when a fly distracted him. The president swatted and missed, just as the pest buzzed near the shoes of Lawrence H. Summers, the chief White House economic adviser. “Couldn’t you aim a little higher?” deadpanned Christina D. Romer, the chairwoman of the Council of Economic Advisers. ..... By all accounts, much of the tension derives from the president’s choice of the brilliant but sometimes supercilious Mr. Summers to be the director of the National Economic Council, making him the policy impresario of the team. The widespread assumption,...

Gov. Sarah Palin has opted out of an effort to develop national education standards for reading and math curricula, a decision that has riled some but satisfied other Alaskan education officials, the Anchorage Daily News reports. Forty-six states have agreed to help create the Common Core State Standards Initiative, an effort to allow states to compare their students' academic progress at each grade level using a single rubric. Alaska joins Missouri, South Carolina, and Texas on the shortlist of states that have bowed out of the attempt to form what many believe education in the United States has lacked for...

"The leader of genius must have the ability to make different opponents appear as if they belong to one category," hitler said. More photos at link. Obama calls for new beginning between U.S. and Muslims. "I have come here to seek a new beginning between the United States and Muslims around the world, one based upon mutual interest and mutual respect," he said. "America and Islam are not exclusive, and need not be in competition."

Caption: Adolf Hitler tours the 1939 International Auto Exhibition in Berlin. Three years before, at another Berlin auto show, Hitler announced that Porsche would design the "People's Car," or Volkswagen, an affordable, practical vehicle for the working German family.Photo: Hugo Jaeger./Time & Life Pictures/Getty Images Feb 17, 1939

Try as they might, there isn't enough candy in the world to fully coat this one. Obama's rhetoric simply doesn't match up with his actions, and the New York Times knows it. Let's start with GM's CEO himself, who also happens to be the CEO of the United States. We have The One's professed reluctance to take over two of the big three automakers. “We are acting as reluctant shareholders, because that is the only way to help G.M. succeed,” Mr. Obama said . . .. Hmmm. How very Chavezian. A private company can only succeed if the government steps...

NEW YORK – General Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing is the fourth-largest in U.S. history and the largest for an industrial company. The company said it has $172.81 billion in debt and $82.29 billion in assets. "The General Motors board of directors authorized the filing of a Chapter 11 case with regret that this path proved necessary despite the best efforts of so many," a company statement said. "Today...

Levy Viewed as Way to Reduce Deficits, Fund Health Reform With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax.

I wrote yesterday of the possibility that Chrysler dealers who had been given the ax were disproportionately Republican - many of them large contributors to GOP candidates and the RNC. Now comes more evidence that these dealer closings were politically motivated. Through Reliapundit at Astute Bloggers, we learn that the lawyer for the dealers being torpedoed believes that the closings were ordered not by Chrysler, but by the White House: (via Reuters ) A lawyer for Chrysler dealers facing closure as part of the automaker's bankruptcy reorganization said on Tuesday he believes Chrysler executives do not support a plan to...

Investors who put their money into the nationalized sector — whether in equities or bonds — have to realize that their rights as investor/lenders will be subordinated to the national government’s industrial policy. The business school term for this is “political risk,” normally referring to third world countries where the rule of law is not yet established.

More banks may have to be nationalised, says IMF Alistair Darling must stand ready to pump more capital into Britain's beleaguered banks, perhaps nationalising other high street names, the International Monetary Fund has warned. By Edmund Conway Last Updated: 1:46PM BST 21 May 2009 The Fund believes that although the drastic measures to prop up Royal Bank of Scotland, Lloyds Banking Group and other major lenders had prevented them from collapse, more public money needs to be poured in if the economy is to get back to full strength. The alternative is a "zombie" recovery as banks continue to withhold...

My name is George C. Joseph. I am the sole owner of Sunshine Dodge-Isuzu, a family owned and operated business in Melbourne, Florida. My family bought and paid for this automobile franchise 35 years ago in 1974. I am the second generation to manage this business. We currently employ 50+ people and before the economic slowdown we employed over 70 local people. We are active in the community and the local chamber of commerce. We deal with several dozen local vendors on a day to day basis and many more during a month. All depend on our business for part...

HOUSTON -- Chrysler is revoking their franchise with six Houston-area car dealerships. The dealerships include Rogers Dodge of Alvin, Baytown Chrysler Jeep Dodge, Archer Dodge in Stafford, Archer Chrysler-Plymouth in Houston, Archer Chrysler Jeep West in Houston and Jim Archer Chrysler-Jeep in Houston. Chrysler made the announcement as part of its bankruptcy court filing Thursday morning. The franchises will be revoked by early June, the company said. Through his secretary, dealership owner Robert Archer told 11 News he would have no comment today.

IntroductionPresident Barack Obama recently set the wheels in motion to render the ultimate control of our large financial institutions, large insurance companies, large hedge funds and quite possibly our financial markets as well, to a foreign entity. A new international regulatory agency was created at the recent G-20 Summit in London, and all G-20 countries signed onto it. Sadly, you probably have not heard a word about it until now. Prepare to be outraged as you read what follows. And I will tell you how to confirm it on your own. Every freedom-loving American - whether conservative, moderate or liberal...

On April 21, the Business and Media Institute's Dan Gainor testified before the House Judiciary Committee's Courts and Competition Policy in a hearing on "A New Age for Newspapers." As MRC's Tim Graham wrote on April 22, the hearing was spurred by the steady drumbeat of newspaper closings around the country, and calls from some Democrat lawmakers to bail out and subsidize the newspaper business. While others testified on newsprint business models and the impact of the Internet, Gainor's statement to the subcommittee highlighted liberal bias as a major factor in the industry's decline. "The concept of a journalist as...

David Keller was found dead in his home Tuesday morning in an apparent suicide. Keller, 41, has served as the acting chief financial officer (CFO) for Freddie Mac since September. Kellerman reportedly hanged himself in the basement of his Reston, Va. home. The Fairfax County Police Department said there are no signs of foul play. Keller took over as CFO when Anthony “Buddy” Piszel resigned in the wake of the government takeover. The news comes on the heals of Freddie Mac CEO David Moffett's resignation last month. The government-controlled Freddie Mac owns or guarantees about...