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news.yahoo.com - 12/4/2008
Automakers plead with Congress; votes lacking (AP)
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AP - Imperiled automakers and their union worked feverishly Wednesday to sell a skeptical Congress on a $34 billion aid plan, promising labor concessions and restructuring. The Senate's Democratic leader said there still weren't enough votes to tap the $700 billion federal bailout fund to prop up the foundering Big Three.
msnbc.msn.com - 12/2/2008
U.S. automakers to submit plans to Congress
— msnbc.msn.com — Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday... to restructure their ailing companies. (more) U.S. automakers to submit plans to Congress

Comments vote down Hot Air » Top Picks found this 12/2/2008found this
marketwatch.com - 11/30/2008
Democrats plead automakers' case to Treasury
— marketwatch.com — Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. and... subject to terms of use . Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . More information on ... (more) Democrats plead automakers' case to Treasury

Comments vote down Think Progress found this 11/30/2008found this
Automakers to submit plans to Congress (AP)
news.yahoo.com - 12/2/2008
Automakers to submit plans to Congress (AP)
— news.yahoo.com — AP - Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with... plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive. (more) Automakers to submit plans to Congress (AP)
Comments vote down The Glittering Eye found this 12/2/2008found this

Blog Reactions

TigerHawk:  Bailing out my faith in government

Corrente:  Double standards

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Blog Reactions

Bailing out my faith in government
TigerHawk — The Detroit Three CEOs have now groveled to Congress twice, this time with more dire predictions for the future of the world if their companies are "allowed to fail," as if it were all just out of their control. So far, though, no sale : One day before the chiefs of the auto companies return to Capitol Hill to make their urgent cases for loans, Sen. Harry Reid, D-Nev., said the money was unlikely to come from the Wall Street rescue fund. "I just don't think we have the votes to do that now," Reid told The Associated Press in an interview. I must say, if the Congress actually ...

Double standards
Corrente — AP: Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion [with a "b"] rescue package, but heard fresh skepticism in a bumpy encore appearance. While bankers aren't "humbled" at all, and make off with trillions (with a "t") with no accountability and no oversight. Read more…

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