sfgate.com - 11/17/2008
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Democrats are pushing a measure that could force the Bush administration to tap into the $700 billion Congress approved to rescue Wall Street and offer automakers a loan in return for an equity stake. President-elect Barack Obama is putting his weight behind the effort, saying that auto giants ...
frum.nationalreview.com - 11/13/2008
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frum.nationalreview.com —
Don't bail out the automakers, I urge on
"Marketplace" today: Time was when General Motors alone ranked...
among the largest employers in the United Stat... . . .
(more)
No to the Auto Bailout
wonkroom.thinkprogress.org - 11/14/2008
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wonkroom.thinkprogress.org —
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 ...
(more)
If It Happens, The Auto Industry Bailout Needs To Be ...
eschatonblog.com - 11/14/2008
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eschatonblog.com —
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.
(more)
No Auto Bailout For You
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Tavis Smiley: We’ve Been ‘Talking About Bailing Out Wall Street…But No Conversation About The Side Street’
Wonk Room —
... This week, Congress returns for a lame-duck session, and at the top of the agenda is a proposal to aid America’s ailing auto industry. During Meet the Press’ roundtable yesterday, much of the discussion centered on the auto bailout, and the effect it would have on the economy at-large. ...
Detroit Part 3: Only Detroit? Not Hardly. Potential US Consequence Of GM BK?
The Democratic Daily —
... A report by IHS Global Insight Inc., a financial forecasting group, predicted that the bankruptcy of General Motors could push the U.S. unemployment rate as high as 9.5 percent from the current 6.5 percent, which might cost taxpayers an additional $200 billion in jobless benefits and other costs. ...
Related Content
An all-American auto industry bailout?
msnbc.msn.com 12/10/2008 — With Congress considering lending $15 billion in taxpayer money to the Big Three, some in Congress are worried the automakers will spend part of it overseas.
Obama v. Congress: The Auto Industry Bailout
marcambinder.theatlantic.com 11/8/2008 — Perhaps the first real test of Barack Obama's political capital will be how aggressively he pushes to give the auto industry more government help. On CNBC this morning, Rep. Adam Smith (D-CA) said that Congress shouldn't bail out companies that are ...
Congress: The auto bailout
firstread.msnbc.msn.com 12/4/2008 —
The United Auto Workers announced the union would make major concessions in its contract with US automakers in order to help the Big Three lobby Congress for bailout money. "The surprising move by the U.A.W. could be a critical factor in the ...
The Other American Auto Industry
weeklystandard.com 12/13/2008 — Plenty of car makers make a go of it in this country--they're just non-union and not headquartered in Detroit. by Fred Barnes 12/22/2008, Volume 014, Issue 14
In Praise of the US Auto Industry
organizationsandmarkets.com 11/24/2008 — | Peter Klein |
The proposed bailout of GM, Ford, and Chrysler overlooks an important fact. The US has one of the most vibrant, dynamic, and efficient automobile industries in the world. It produces several million cars, trucks, and SUVs ...
Is There a Good Auto Bailout?
theamericanscene.com 12/10/2008 — Sure, in principle.
There appears to irresistible momentum behind a “temporary” bailout designed to forestall bankruptcy until the new administration is in place. The problem with imagining that this does anything other than kicking the can down ...
Obama wants auto industry reformer
politico.com 11/12/2008 — President-elect Obama wants a point-person to oversee reforms in the ailing auto industry. See also: Perino says No Colombia quid pro quo
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