WASHINGTON — Citing danger to the national economy, the Bush administration came to the rescue of the U.S. auto industry Friday, offering $17.4 billion in emergency loans in exchange for concessions from the deeply troubled carmakers and their workers.

From the New York Times: “The White House has turned down a request from the family of President-elect Barack Obama to move into Blair House in early January so that his daughters can start school on Jan. 5.”

From Foreign Policy Passport: In an <a title="ABC" href="http://abcnews.go.com/WN/Politics/Story?id=6356046&page=7">interview with Charlie Gibson</a> George W. Bush tells Gibson his biggest regret is "the intelligence failure in Iraq." And while President Bush doesn't "spend a lot of time really worrying about short-term history," here are 10 other things he <em>should</em> regret, after the jump.

President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he’ll back more government intervention if needed to ease the recession.

Followers of a Shiite cleric on Friday stomped on and burned an effigy of President George W. Bush in the same central Baghdad square where Iraqis beat a toppled statue of Saddam Hussein with their sandals five years earlier.

With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

Al-Qaida No. 2 Ayman al-Zawahri insulted Barack Obama in the terror group’s first reaction to his election, calling him a demeaning racial term implying that the president-elect is a black American who does the bidding of whites.

World leaders will meet Nov. 15 in Washington to address the global financial crisis — the first in a series of summits to mitigate what economists predict could be a long and deep downturn.

Momentum increased Monday for a new economic stimulus package to help cash-strapped Americans as President Bush and Federal Reserve Chairman Ben Bernanke threw their weight behind an idea they earlier opposed.

Beaten down by housing, credit and financial crises, the bruised economy is likely to drag into next year, leaving more people out of work and more businesses wary of making big investments.

Wild gyrations on Wall Street, a loss of confidence in the U.S. banking system and worries the economy will be weak for some time are raising Americans’ anxiety level.

The country hit fresh economic potholes Wednesday as President Bush sought to reassure anxious Americans that the government’s latest rescue plan will eventually bring relief.