Sun News: Jul 1, 2009

Primetime Emmys Moved Up a Week
Wednesday, July 1, 2009

The TV gold rush will start earlier this year. The 61st Primetime Emmy Awards has been rescheduled to Sunday, Sept. 13, a week earlier than the original date, CBS announced.

The move was made to accommodate ...

Exclusive: Army Wives Enlists Gilmore Gal and Grammy Winner

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Lifetime's Army Wives is recruiting some nifty guest-stars for its third season, which premieres Sunday, June 7.

For starters, Grammy-winning recording artist Shelby Lynne will appear in an August episode, playing ...

Exclusive: Army Wives Enlists Gilmore Gal and Grammy Winner

PDF

Lifetime's Army Wives is recruiting some nifty guest-stars for its third season, which premieres Sunday, June 7.

For starters, Grammy-winning recording artist Shelby Lynne will appear in an August episode, playing ...

Reason Morning Links: Is It Still News When the Government Takes Over a Car Company?

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• GM files for bankruptcy. Washington will give the company an additional $30 billion to play with, and will take a 60 percent stake in return. The U.S. isn't the only government taking ownership: Another 12 percent goes to Canada.

• The Nevada legislature overrides a veto and legalizes domestic partnerships.

• Someone who hasn't parsed the phrase "pro-life" very carefully has killed an abortionist.

• The emergency powers behind the Fed's Wall Street bailouts.

• Irony alert: A report making the case for stronger intellectual property rights was partly plagiarized.

posted by 88956 @ 4:58 PM, ,

Bankruptcy for GM. Ford Next?

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General Motors on Monday filed for bankruptcy protection, even after $19.4 billion in federal bailout money. It now appears that taxpayers will end up with a 60% stake in the restructured company. Cato scholar Daniel Ikenson has long suggested bankruptcy as the best course for GM, and now worries about Ford's future: "The government has a 60 percent stake in GM. Who's going to want to own Ford stock—and therefore, will Ford be able to raise capital—when the U.S. government has an incentive to tip the balance in GM's favor wherever it can?"