Looks like Ford Motor Co. is now willing to make some concessions should they receive a government bailout.
CEO Alan Mulally said he’ll work for $1 per year if the automaker has to take any government loan money.
The plans Ford submitted to Congress on Tuesday also say the company will cancel all management employees’ 2009 [...]

Hi, this is Danielle Ivory from ANP. My colleague, Lagan Sebert, and I have recently been covering the economic crisis and found ourselves thoroughly intrigued by the bank mergers happening all over the country. We looked into it, connected the dots, and this is what we discovered..
With newfound bailout money in their wallets, [...]

Yesterday, the Democratic House Caucus removed the House’s longest serving member, John Dingell of Michigan, from the chairmanship of the Energy and Commerce Committee. He was replaced by Henry Waxman of California. In an editorial, the Wall Street Journal explains what this means for the Democrats.
Of significance, Dingell represents Detroit and has been an opponent [...]

Democratic Party insiders now say Joe Lieberman will be allowed to remain in the Democratic Caucus and he’ll likely retain his chairmanship of the Homeland Security Committee. His only punishment for supporting Republican John McCain and speaking at the Republican Convention will reportedly be the loss of his chairmanship of the not-exactly prestigious Environment and [...]

Divided government will be restored in 2012, either through the Republicans winning the presidency or (more likely) a majority in the Senate. If the latter, we will be in the interesting situation that we have a divided congress, and regardless of which party wins the presidency – a divided government.

Time Magazine looks into whether GM is worth saving or not, and what the costs of action versus inaction would be.
Basically, GM has us over a barrel. Either tax dollars pay to keep it alive or tax dollars pay to handle the disaster of its failure. But that doesn’t mean we have to hold our [...]

He talks about the tragic fact that he was molested by a priest when he was a child, but I still don’t understand why is he’s bringing it up now. After all, he already talked about this back in 2006.
Watch it for yoursef…

Ultimately he may want to get back into politics in whatever way he [...]

After securing a $25 billion government loan from Congress before the election, the auto industry is back at the soup line begging for more assistance. And House Speaker Nancy Pelosi wants to give it to them.
GM, Ford and Chrysler say they need another $25 billion to stay afloat and $25 billion more to cover future [...]

There’s another update from the Minnesota Secretary State, and, yet again, Norm Coleman’s lead over Al Franken has shrunk:
ST. PAUL, Minn. (AP) — The margin in Minnesota’s unresolved Senate race between Republican Norm Coleman and Democrat Al Franken has gotten tighter.
The latest figures reported to the secretary of state give incumbent Coleman a lead over [...]

Politico is reporting that Barack Obama’s administration will likely use Joe Biden as the “good cop” to offset Rahm Emanuel’s “bad cop” role:
The Democrats’ apparent failure to win the 60 Senate seats necessary to halt a GOP filibuster has created the need for inter-party ambassadors like Biden who are practiced at the art of aisle [...]

One of the interesting secondary plotlines playing out in Washington is the fate of Joe Lieberman. After his vocal support for John McCain, will Lieberman be allowed to stay in the Democratic caucus? Does he want to?
Senate Majority Leader Harry Reid has said, he wants Lieberman to stay in the party’s caucus but that decision [...]

One of the things Democrats have done right since 2004 is to run candidates that can win. That might seem like an obvious step in reaching majority status but, for years, Democrats insisted on running lockstep liberals in parts of the country that aren’t liberal.
Now, after a concerted effort to expand their tent, Democrats have [...]

Welcome to the Donklephant 2008 Senate results coverage.
Below, you’ll find up-to-date results on all 35 races. As races are called, we will put the name of the projected victor in bold. If a seat changes party, we will note the pick-up next to the state’s name. The party currently in control of the contested [...]

Welcome to the Donklephant 2008 U.S. House of Representatives results coverage.
Below, you’ll find up-to-date, state-by-state results on the races expected to be the most contested. As races are called, we will put the name of the projected winner in bold. The party currently holding the contested seat is noted with a D or a [...]

Well, Justin has called the election for Barack Obama. Now I will boldly declare that there is no way the Democrats will reach 60 Senate votes. I know, real “out there” call.
With McConnell winning Kentucky and Chambliss pulling ahead in Georgia, the Democrats look like they’ll stall at a maximum of 58 seats. That would [...]

On the heels of Hagan’s win in North Carolina, Jeanne Shaheen wins New Hampshire and Tom Udall wins New Mexico to give the Democrats two new Senate seats. They’ve picked up four so far tonight. And there will be more.
Of note, the additions give the Democrats at least 50 seats, and that’s before counting in [...]

In a presidential election year, the congressional races are a side-stage event. But here at Donklephant, we’ll be covering all the closest races for House and Senate in addition to our coverage of the Electoral College results.
The big questions tonight are:

Can the Democrats reach a filibuster proof senate majority?

Will Republicans be able to take back [...]

How have Democrats retaken the House of Representatives from Republicans and why are they positioned to gain even more seats next Tuesday? Because they’ve run candidates who can compete against Republicans. And that means the House is filling up with conservative Democrats know as Blue Dogs.
As The AP reports:
Majority Democrats are positioned for big gains [...]

In the Daily News, centrist Democrat Bob Kerrey explains how Barack Obama, if elected, can succeed.
The key passage:
By my lights, the primary threat to the success of a President Obama will come from some Democrats who, emboldened by the size of their congressional majority, may try to kill trade agreements, raise taxes in ways [...]

With the Democratic turnout predicted to be extremely high this election, there is now serious talk of a 60-seat Democratic Senate majority propelled by Democratic turnout in red states. Is this filibuster-proof Democratic majority a real possibility? Let’s look.
Currently, the Democrats control 49 Senate seats with the independents Bernie Sanders (VT) and Joe Lieberman (CT) [...]