crooksandliars.com - 11/20/2008
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Download | Play Download | Play (h/t David) Auto industry CEOs appeared on Capitol Hill today to ask for a $25 billion bailout. Rep. Brad Sherman (D-CA) asked the top execs if they would be willing sell their corporate jets and travel home on commercial flights. Sherman asked ...
Lawmaker asks auto CEOs to sell private jets
videocafe.crooksandliars.com 11/20/2008 — Download | Play Download | Play Auto industry CEOs appeared on Capitol Hill today to ask for a $25 billion bailout. At least one lawmaker believes that the CEOs should change their luxury travel habits before getting access to ...
McArdle on the proposed auto bailout
maggiesfarm.anotherdotcom.com 11/13/2008 —
One quote from her piece: Bailing out the auto industry offers no net gain to society. It is a straight transfer of resources from one sector to another: we tax money, or borrow it from a finite pool of capital available to the nation, ...
E-mail from an auto industry worker
michellemalkin.com 11/13/2008 — Didn’t have time to post an alert beforehand, but I did a brief segment on Fox& Friends this morning on the mega-auto bailout. [...] Read the rest »
No Auto Bailout For You
eschatonblog.com 11/14/2008 — Dodd sez it isn't going to happen in this Congress for the auto makers.
While I have mixed feelings about such a thing generally, it's pretty interesting that we're propping up the fake economy and letting the real economy whither.
David Brooks, Right on the Money
corner.nationalreview.com 11/14/2008 — David Brooks, taking no prisoners on the proposed auto bailout:
In short, a bailout will not solve anything -- just postpone things. If this goes through, Big Three executives will make decisions knowing that whatever happens, Uncle Sam will bail ...
Big Three Bailout-- Dems Plan $25 Billion Detroit Rescue
gatewaypundit.blogspot.com 11/15/2008 — The Senate will meet on Monday to debate the bailout of the troubled auto industry. A dozen to 15 GOP votes in the Senate will be needed to prevent opponents from blocking it in the Senate. Titan Trader at Power Line Forum asked today: Why should ...
If It Happens, The Auto Industry Bailout Needs To Be Done Right
wonkroom.thinkprogress.org 11/14/2008 — There seems to be a growing consensus in Washington that the federal government needs to bail out America’s auto industry. The Wall Street Journal reported today that Sen. Harry Reid (D-NV) and Rep. Nancy Pelosi (D-CA), in a letter sent ...
Barney Frank: "No Downside" To Spending Your Money
riehlworldview.com 11/17/2008 — With two Senate Republicans, Shelby and Kyl, coming out against the Detroit bailout because in their view, "an auto bailout would only postpone the industry's demise," Barney Frank has some inspiring thoughts on spending billions more in taxpayer ...
No UAW Bailout
powerlineblog.com 11/17/2008 — Jim Manzi has done some of the best analysis of the proposed bailout of GM, Ford and Chrysler--or, one should more properly say, bailout of the United Auto Workers, otherwise slated for extinction. Here , he addresses the theory that the Big Three ...
Romney Changes Mind on Auto Bailout
outsidethebeltway.com 11/19/2008 — n a NYT op-ed entitled “Let Detroit Go Bankrupt,” Mitt Romney argues that Congress should let creative destruction do its job.
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can ...
The Day the Big Three Lost Their Bailout
weeklystandard.com 11/20/2008 — I was listening to the local pop station this morning, and the three usually inane DJs were enraged by the auto bailout story, particularly the part of the story that had even Congressmen marveling at Detroit's tinnest political ears:
After ...
Auto Bailout: From the Ashes?
blogs.abcnews.com 11/20/2008 — ABC News' Jonathan Karl Reports: A deal has been struck in the Senate on a compromise bailout plan for the Big Three automakers. It is still unclear whether this will pass the Senate. And, if it does, it is unclear...
Bipartisan group works to revive auto bailout
huffingtonpost.com 11/20/2008 — WASHINGTON — A bipartisan group of auto-state senators reached a last-ditch compromise Thursday to throw Detroit's Big Three a government lifeline worth billions, but the plan faces an uphill battle in a reluctant Senate.
With the auto ...
Supporting the auto industry bailout —
Basil's Blog
After much consideration, I am in favor of the auto industry bailout.
I don’t make this decision lightly. I considered many factors, and have decided that it would be best if the U.S. government bailed out the Big Three auto makers.
The thing most people forget is that the U.S. auto ...
On again, off again auto bailout back on? —
Daily Kos
Diarist Johnny Venom is following this minute-by-minute , but the basics are that the auto bailout that looked to have been abandoned earlier today may be back on. But is it back on only to be shot down all over again? The AP reports that auto state Senators Carl Levin (D-MI), Debbie Stabenow ...
Report: Senate Reaches Deal on Automaker Bailout —
Calculated Risk
From the Detroit Free Press: Compromise reached on $25-billion auto bailout Key senators reached a compromise today on a $25-billion bailout of Detroit's automakers, but questions remained as to whether there were enough votes or time to pass the bill today. ... A draft of the compromise being ...
The Big Auto blame game —
AMERICAblog News| A great nation deserves the truth
The unions have been trying to change, perhaps they could do a bit more, though I don't see much of an effort by management other than finger pointing. If any bailout ever does happen GM is going to have to clean house starting at the top. They overplayed their hand with the help of people ...
What Can You Expect for $25 Billion? —
Daily Kos
The auto industry is desperate to get another $25 billion in funding, and it's likely that they'll get it -- though not until the GOP has a go at being the party that killed GM. As we limp toward the well-nigh inevitable bailout, there are some demands on the table . Under the Senate plan ...
Detroit Bailout Looks Unlikely —
Truthdig: Drilling Beneath the Headlines
The Chief executives of the big three American car companies head to Washington Tuesday along with the head of the United Auto Workers to beg Congress for a bailout that seems less and less probable.
Lawmakers are loathe to head back to the bottomless piggy bank, while the White House ...
Auto Bailout Worries —
Open Left - Front Page
I'm genuinely torn on the auto industry bailout. Here are some of my concerns:
Isn't it just corporate welfare? I am not generally of the inclination that what is good for large American corporations is also good for America as a whole. Bailing out these corporations will not give us ownership ...
Democrats to add taxpayer protections to auto bailout —
Daily Kos
Drama begins this week as the lame-duck Congress convenes to try and wrestle with the economic meltdown and the fate of the American auto industry. Via the Washington Post : A measure to speed $25 billion in emergency aid to the nation's automakers will include provisions designed to protect ...
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