5th editorial

Although most newspapers are claiming that they are a bit dissappointed with Obama's performance so far, he showed this Sunday with GM's CEO Richard Wagoner stepping down that he is going to start stepping it up. The next day Obama made it clear that Wagoner had been forced out instead of on his own will. Obama also declared that if GM's creditors, workers and suppliers did not deliver the concessions the administration task force thought necessary, no further taxpayer-financed aid would be forthcoming. In addition, Obama announced, Chrysler would have only 30 days more to work out its merger with Fiat or it, too, would be ticketed for bankruptcy.

4th editorial.

The biggest new from Europe was of Obama's meeting with Russian president, Dmitry Medvedev. Obama claims they came to an agreement on quickly negotiating a nuclear arms treaty. This comes as good news with a increasing nuclear threat from North Korea and Iran. Russian officials also say that unlike Bush who said " he glimpsed at Putin's soul in their first meeting", Obama seems as though he is not trying to develop a personal relationship but one more based on concrete subjects.

3rd editorial

Today the senate is weighing wether to give the wealthiest of the wealthy should get a tax break worth $250 billion dollars over 10 years. The Senate today could take up an amendment to the budget resolution proposed by Sens. Blanche Lincoln (D-Ark.) and Jon Kyl (R-Ariz.) that would shield the first $10 million of estates from taxation and lower to 35 percent the tax on amounts beyond that. Under Bush's tax cuts, the estate tax is supposed to dissappear in 2010 and then it's supposed to come back in 2011. It's supposed to come back at the 2001 levels where any couple with estates over $2 million dollars at %55.

2nd editorial

Ted stevens, the former Alaskan Republican senator, who was charged with failing to report hundreds of thousands of dollars worth in gifts from an alaskan oil firm, has the Justice department asking a judge to dismiss his conviction. The government will also not choose to retry him. The government calculated that all of his gifts are worth an excess of $ 250,000. The reason he will walk free is because of Gross breaches of law and fairness by prosecutors. An agent of the Federal Bureau of Investigation who worked on the case also recently alleged that prosecutors had been willfully withholding pertinent evidence from the defense team.