On November 4, the world exhaled. The age of George Bush ended, and a new one under Barak Obama began. With high hopes he'll reverse the toxic legacy of the past eight years. Adopt socially progressive policies. End foreign wars. Govern the nation responsibly, democratically for all its people. Show his supporters that their faith in him was justified. "Let us congratulate ourselves on being alive at such a promising moment," wrote The Nation magazine's William Greider. His victory is "a monu

Little progress on Big Three bailout. House Speaker Nancy Pelosi, arguing General Motors (GM) is too big to fail, urges 'immediate action' to help automakers, but faces resistant Republicans and a noncommittal White House. Pelosi wants to include automakers in TARP, but without bipartisan support, the measure is unlikely to pass until a new congressional session begins in January. The Treasury too has been hesitant to aid automakers, concerned that expanding a rescue to include non-financial c