Submit a Story!
Votes
topics:

vote down flag
meganmcardle.theatlantic.com - 12/20/2008
Big Three get a deal to save the day --but not the year
—
The White House has unveiled an auto bailout package: The deal would extend $13.4 billion in loans to General Motors Corp. and Chrysler LLC in December and January, with another $4 billion likely available in February. It also would provide the government with non-voting warrants, although the ...
pajamasmedia.com - 12/16/2008
OBAMA’S NEW NEW DEAL: As bad as the Old New Deal? Or Worse? …
— pajamasmedia.com — OBAMA’S NEW NEW DEAL: As bad as the Old New Deal? Or Worse?... (more) OBAMA’S NEW NEW DEAL: As bad as the Old New Deal? Or ...

Comments vote down Riehl World View found this 12/16/2008found this
meganmcardle.theatlantic.com - 12/23/2008
Help us save our homes!
— meganmcardle.theatlantic.com — Glenn Hubbard calls for the treasury to refinance peoples' mortgages at low rates: Raising the demand for... housing makes sense now. While fundamental factors clearly played a role in driving down house prices that were at excessive levels two years ... (more) Help us save our homes!
Comments vote down The Daily Dish | By Andrew Sullivan found this 12/23/2008found this
floppingaces.net - 12/14/2008
The Day A Movie Bored Me to Death: Save Your Money and Don’t See “The Day the Earth Stood Still”
— floppingaces.net — Unless you like being lectured on how man, most especially the U.S., is destroying the earth. And... you can get that free every day from a lib! [ Note: I don't usually do movie reviews, but in this case I am making an exception. With these ... (more) The Day A Movie Bored Me to Death: Save Your Money and ...

Comments vote down Pirate's Cove found this 12/14/2008found this

Blog Reactions

Instapundit:  MEGAN MCARDLE on Bush’s automaker loan program: “The really miserable thing is that even a total ba…

The Glittering Eye:  Explaining the Auto Companies

Comments
Blog Reactions

MEGAN MCARDLE on Bush’s automaker loan program: “The really miserable thing is that even a total ba…
Instapundit — ... MEGAN MCARDLE on Bush’s automaker loan program: “The really miserable thing is that even a total bankruptcy may not be enough. Wipe out the shareholders, cut the bondholders to the bone, shuck the gold-plated medical benefits, toss out the UAW contracts, close the dealers–and we still may be left with companies that cannot make a profit without a now-defunct financing business based on ever-growing loans to ever-poorer credit risks. The Big Three, with the help of the UAW and all their other partners, has spent 25 years building a reputation for poor ...

Explaining the Auto Companies
The Glittering Eye — ... Yesterday Megan McArdle did a pretty fair job of explaining the business model that the Detroit auto companies use. Rather than summarize it here I suggest you just go over there and read it. I thought I might provide a few annotations. ...

Related: deal or no deal
"Auto bailout dead."
althouse.blogspot.com 12/20/2008 — "Negotiations ended, no deal.... Until next year. Corker tried to make a deal with Dems, UAW wouldn't make concessions, so it will die on cloture vote with GOP opposing. Vitter held the line too, objecting to quick vote, forcing more debate. He was ...
Coleman And Franken Make A Deal
huffingtonpost.com 12/24/2008 — Minnesota Public Radio reports that Sen. Norm Coleman and challenger Al Franken have struck a deal on disputed absentee ballots in their recount. The plan they've submitted, which must be reviewed by the Minnesota Supreme Court, would count ...
Movie Review--Quantum Of Solace — A Chequer-Board of Nights and Days
I approve of a great deal concerning the new direction taken by the James Bond...
Is it fear of a new New Deal that has the Right feverishly rewriting the history of the old one? — DownWithTyranny!
Not many of us see Obama as a new FDR, but the possibility seems to give the Far Right nightmares. by Ken The domestic political world has changed a lot since the Clinton administration, and even since the first term of the Bush regime. We are no longer surprised by the wholesale lies and ...
Coleman And Franken Make A Deal — Politics on HuffingtonPost.com
Minnesota Public Radio reports that Sen. Norm Coleman and challenger Al Franken have struck a deal on disputed absentee ballots in their recount. The plan they've submitted, which must be reviewed by the Minnesota Supreme Court, would count rejected absentees only if both sides agree they ...
UAW welches on auto bailout deal — QandO
O ther than the pure absurdity of the federal government providing bailouts to failing private companies, the other aspect of the Bush auto bailout that I was sure would raise its ugly head is the union’s intransigence once the deal was struck. Let’s be honest - the only reason the ...
Chris Weigant: Make Wall Street Take The Same Deal The Autoworkers Get — The Hollywood Liberal
Chris Weigant: Make Wall Street Take The Same Deal The Autoworkers Get Comparison shopping is big this time of year. As a consumer, you want the best value for your money, so you tend to compare different... Emma Ruby-Sachs: A Response to ...
Recently at Reason.tv: Obama's New New Deal—as bad as the old New Deal? — Hit & Run
Nobel laureate economist and New York Times columnist Paul Krugman says he wants President-elect Barack Obama to enact "something like a new New Deal." Historian Douglas Brinkley has said that Obama could come to office with a "sweeping legislative agenda ...
US Abandons Zimbabwe Power-Sharing Deal, Calls Mugabe 'A Man Who's Lost It' — The Huffington Post | Full News Feed
PRETORIA, South Africa — The U.S. can no longer support a proposed Zimbabwean power-sharing deal that would leave Robert Mugabe, "a man who's lost it," as president, the top U.S. envoy for Africa told reporters Sunday. Jendayi Frazer, the U.S. assistant secretary of state for African ...
MICKEY KAUS on Bush’s bailout deal: “How does the UAW’s Gettelfinger get away with saying these ter… — Instapundit
MICKEY KAUS on Bush’s bailout deal: “How does the UAW’s Gettelfinger get away with saying these terms are ’singling out workers’? The deal calls for creditors to convert two thirds of their debt into equity. There are also limits on executive compensation. Maybe ...
The war on Bill O'Reilly's Christmas — Paul Krugman
The 59th Democratic Senator? Not quite a done deal, but it looks as if Al Franken is going to win.
CRE Owner "Walking Away" — Calculated Risk
From the St. Petersburg Times: BayWalk owner proposes deal to surrender deed, walk away (hat tip Terry) Hoping to avoid drawn-out foreclosure proceedings, BayWalk owner Fred Bullard said Friday he is negotiating a deal to simply surrender the deed to the downtown entertainment complex and walk ...
CBS’s Reid Looks at Barack Obama’s New Deal — NewsBusters.org - Exposing Liberal Media Bias
On CBS’s Sunday Morning, correspondent Chip Reid compared Obama’s economic plan to that of Franklin Roosevelt and the New Deal: "During the Great Depression, Franklin Delano Roosevelt started the Works Progress Administration , the WPA. It would put 8.5 million to work... Now a new ...
Feminist Historians ask for a Better New "New Deal" — Corrente
via Historiann : several Correntians have already written about the disproportionate impact the current economic apocalypse is having on women's jobs as compared to men's and how the economic stimulus proposals do little to address that. At the Center for Research for Women and Social Justice , ...
Automaker Bridge Loan Deal Could Be Announced Today — The Huffington Post | Full News Feed
President Bush is scheduled to address the nation about the automakers -- and potentially announce a bridge loan auto deal that has been under discussion ever since the Senate shot down the latest Congressional automaker bailout. Bridge loans to carry the companies for several months could ...
GM, Chrysler Close In On Deal For US Loans, Say Sources — The Huffington Post | Full News Feed
DETROIT - General Motors Corp and Chrysler LLC made significant progress late Thursday on a deal to secure emergency loans as part of a U.S. government aid package, sources familiar with the talks said. The package would demand sweeping restructuring at the troubled automakers.  ...