- Some donations to gay waitress who allegedly forged hate note refunded
- German President Joachim Gauck boycotting Sochi Olympics
- Dr. Ezekiel Emanuel: If you want to pay more for your doctor, you can under Obamacare
- Sen. Rand Paul: ‘I am seriously thinking about’ running for president in 2016
- Sleet, ice, deepfreeze hit large swath of U.S.
- ‘Welcome to the edge of freedom’: Biden’s boots touch down in DMZ
- Obama: Hole U.S. ‘digging out of’ requires billions more in unemployment benefits
- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
The White House said Thursday it was confident the U.S. government would recoup all the funds it had invested in General Motors to help the car maker through its financial troubles.
White House spokesman Robert Gibbs spoke a day after GM finalized terms for a stock offering of about $13 billion to repay a controversial taxpayer-funded bailout and reduce the U.S. Treasury to a minority shareholder.
“The [initial public offering], I think, is going to begin doing a couple of things,” Mr. Gibbs said. “One, reduce our stake in General Motors as a company, and as we move forward, begin to recoup the money that we invested in saving those jobs throughout the Midwest.”
Asked whether he was confident all taxpayer money would be recovered, Mr. Gibbs said: “Yes.”
“First and foremost, you’ve seen pretty strong sales figures [from GM], which I think are encouraging,” he said.
Stevens voices mosque support
Retired Supreme Court Justice John Paul Stevens said Thursday that Americans should be tolerant of plans to build an Islamic center and mosque near the site of the World Trade Center in New York.
The 90-year-old Mr. Stevens said it is wrong to lump all Muslims with the terrorists who carried out the Sept. 11 attacks that killed 3,000 people. “Guilt by association is unfair,” he told a Japanese-American group in Washington.
The center’s location two blocks north of where the Twin Towers once stood has upset some relatives of Sept. 11 victims and stirred nationwide debate and angry demands that it be moved. Critics say the site of mass murder by Islamic extremists is no place for an Islamic institution, while supporters of the center say religious freedom should be protected.
“We should never pass judgment on barrels and barrels of apples, just because one of them may be rotten,” said Mr. Stevens, who left the court in June. He commented on an issue of public debate in a way he most likely would have avoided had he still been serving as a justice.
BCS investigation being discussed
Utah’s attorney general met with Justice Department officials this week to discuss a possible federal investigation into college football’s Bowl Championship Series.
Attorney General Mark Shurtleff is investigating the BCS for possible antitrust violations and is hoping to get the Justice Department to do so as well.
- Obama: Hole U.S. 'digging out of' requires billions more in unemployment benefits
- Spike in battlefield deaths linked to restrictive rules of engagement
- PRUDEN: British press horrified as London's new mayor dares to proclaim the truth
- Bill OReilly reminds: Nelson Mandela was a communist
- 'Hunger Games' delivers Obama's message on income inequality
- Craigslist killers: Police say newlyweds stabbed man for thrills
- 'Dude, I'm dreading that I will have to go': Czech prime minister on Mandela funeral
- Dick Cheney: Family feud over gay marriage has been 'dealt with'
- Rush Limbaugh: Obama trying to make Mandela death about himself
- Sen. Rand Paul: Long-term unemployment benefits are disservice to workers
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