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Chinese Automakers May Buy GM and Chrysler
Chinese Automakers May Buy GM and Chrysler
Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, China’s 21st Century Business Herald reports today. [A National Enquirer the paper is not. It is one of China's leading business newspapers, with a daily readership over three million.] The paper cites a senior ...
We Are All Flint, MI Now
We Are All Flint, MI Now
emptywheel.firedoglake.com — Flint I was talking with mr. emptywheel about what one of the bad--but by no means worst--case... scenarios in a GM bankruptcy would be. This scenario is just one of several that might happen--by no means guaranteed, and Congress would fight the ... (more) We Are All Flint, MI Now
Kudlow: Robert Mundells New Wisdom
article.nationalreview.com — At a wonderful dinner I had a chance to talk to Nobel Prize-winning economist Robert Mundell about... all things economic. What is to be done? I asked him. (more) Kudlow: Robert Mundells New Wisdom
Do Not Want
Do Not Want
eschatonblog.com — This is rather ominous: LONG BEACH, Calif. — Gleaming new Mercedes cars roll one by one out... of a huge container ship here and onto a pier. Ordinarily the cars would be loaded on trucks within hours, destined for dealerships around the country. But these are not ordinary times. For now, the ... (more) Do Not Want
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A Worldwide Contraction Featuring Concerts In Romania And A Republican Drive To Sell GM To China
DownWithTyranny! — ... GOP plans also call for the continued selling off of America to other countries. The General Motors and Chrysler Romney and the Republicans in Congress are clamoring to put into bankruptcy are targets for China. Look at the Japanese anti-union car manufacturers in Alabama-- anti-GM fanatic Richard Shelby's impoverished, backward, Republican-leaning feudal state. That's the model and that's why traitors to this country, like Romney and Shelby and Kyl and ...

Digesting The News Today
The Atlantic Politics Channel — ... that members of the House Democratic steering committee voted by a slim margin to oust Rep, John Dingell from his post as chairman of the House Energy and Commerce Committee. The full house will vote tomorrow. Coincidentally, the Dow closed below 8,000 on fears that Congress won't bail out the auto industry. China may. ...

Related: china to buy gm
Factories shut as crisis hits ChinaDemocratic Underground Latest Breaking News
Source: [b]bbc[/b] Right now, factory workers here are angry. The world's financial crisis has begun to hit them. It is easy to understand why: since the West can't afford to buy as much, China isn't able to sell as much. In better times, the An Jia factory would ship its baby cots to the ...