And he wants a bailout of sorts for states: "I propose that we should get help from the federal government, if we can -- again, also, like the car manufacturers -- can prove that we have a fiscal housing order, and that we can solve our problems ourselves. But give us in this emergency kind of a situation or in this crisis, some additional money," Schwarzenegger said.
Might this help move it? (Probably not.) "Rep. Barney Frank (D-Mass.) said lawmakers will attach several conditions for Detroit automakers in return for $25 billion in federal aid," per The Hill's Alexander Bolton. "Frank said Sunday that automakers will be required to submit to Congress their plans for future economic viability and environmental efficiency."
What else does Obama get to inherit? "With coordination between leading economies effectively on hold during the American presidential transition, little was accomplished at the much-hyped summit of world leaders over the weekend besides passing the buck to incoming president Barack Obama," Politico's Victoria McGrane reports. "The Group of 20 will reconvene on April 30, Obama's 101st day in office. With the economic landscape giving way underfoot, the new president will have little time to fashion the policies that may well determine the success of his presidency."
You think? "The wave of bad economic news that helped carry Barack Obama to an election victory this month now threatens to swamp his presidency even before he takes the oath of office Jan. 20," Peter G. Gosselin writes in the Los Angeles Times. "As the Democratic president-elect scrambles to assemble an economic team, the crisis that at first seemed confined to Wall Street and the nation's financial markets has been raging through Main Street and the regular economy of labor, goods and services."
Over on the GOP side, Mike Huckabee's book is out Tuesday -- and he names names. Time's Michael Scherer: "Mitt Romney, Huckabee's principle rival in Iowa, comes in for the roughest treatment. Huckabee writes that the former Massachusetts Governor's record was 'anything but conservative until he changed the light bulbs in his chandelier in time to run for president.' . . . He mocks Romney for suggesting, during one debate, more investment in high-yield stocks as a solution to economic woes. 'Let them eat stocks!' Huckabee jokes."
Also: "Fred Thompson never did grasp the dynamics of the race or the country, and his amazingly lackluster campaign reflected just how disconnected he was with the people, despite the anticipation and expectation that greeted his candidacy," Huckabee writes.
Scherer continues: "Huckabee writes of Gary Bauer, the conservative Christian leader and former presidential candidate, as having an 'ever-changing reason to deny me his support.' . . . He calls out Pat Robertson, the Virginia-based televangelist, and Dr. Bob Jones III, chancellor of Bob Jones University in South Carolina, for endorsing Rudy Giuliani and Romney, respectively. He also has words for the Texas-based Rev. John Hagee, who endorsed the more moderate John McCain in the primaries, as someone who was drawn to the eventual Republican nominee because of the lure of power."