Source: The Globe and Mail - Toronto, Canada
Keywords: ECONOMY TRAIN OBAMA STIMULUS BAILOUTS RECESSION FINANCIAL CRISIS STAY TUNED
Provider: CartoonArts International / The New York Times Syndicate
David M. Walker, president and chief executive officer of the Peter G. Peterson Foundation, says proposed legislation doesn't meet the standards for stimulus spending. (Barbara l. Salisbury/The Washington Times)
**FILE** Jim R. Fouts, the mayor of Warren, Mich., Detroit's largest suburb and home to more than 30,000 auto workers and thousands more retirees, says the nation must do some patriotic purchasing to salvage a great industry - and honor its manufacturing tradition. "People have no appreciation for the what the auto industry has done for the country," he says. "If stereotypes continue, that will be the end of the auto industry and one of the last great manufacturing sectors of the United States because of the whims of the consumers. I want to save the automobile manufacturing companies because I think they are worth saving." (John Tully/Special to The Washington Times)
An illuminated Citgo sign sits in the Kenmore Square section of Boston, where the headquarters of Citizens Energy Corp. is located. Last year, Citgo donated 100 million gallons of oil to the U.S. charity organization, which distributes it to low-income households.
President-elect Barack Obama (right) announces Federal Reserve Board Governor-designate Daniel Tarullo (center) and Commodities Futures Trading Commission Chairman-designate Gary Gensler in Chicago on Thursday, Dec. 18, 2008. (AP Photo/Lawrence Jackson)
Columbia University students line up to speak with Roberto Amorosino, bottom left, of the World Bank about possible employment opportunities during a career fair at the school Friday, Nov. 7, 2008, in New York. (Associated Press) ** FILE **
Saudi oil minister Ali al-Naimi is surrounded by journalists during the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting Saturday in Cairo, Egypt. OPEC oil ministers downplayed expectations of, but didn't dismiss outright, an immediate output cut as they faced a third test in as many months of their ability to engineer a rebound in oil prices. (Associated Press)
The sign in front of a BP gas station in Brunswick, Ohio, shows the price of one gallon of unleaded regular gasoline to be $1.89.9 on Monday, Nov. 10, 2008. Oil prices fell to near an 18-month low of $60 a barrel Tuesday as hopes waned that a huge Chinese spending plan will do much to avert a prolonged slowdown in the global economy.