news.yahoo.com - 12/9/2008
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AP - Congressional Democrats and the White House worked to resolve their last disputes Monday over terms of a $15 billion bailout for U.S. auto makers complete with a "car czar" to oversee the industry's reinvention of itself that's expected to come to a vote as early as Wednesday.
washingtonpost.com - 12/5/2008
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washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from...
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
(more)
White House, Democrats Near Compromise on Aid for ...
google.com - 12/9/2008
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google.com —
14 hours ago WASHINGTON (AP) Congressional Democrats sent
the White House an emergency $15 billion auto bailout...
plan Monday, complete with provision of a "car czar" to oversee the industry's reinvention of itself. The Bush administration said there ...
(more)
The Associated Press: Congress sends White House auto ...
reuters.com - 12/6/2008
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reuters.com —
WASHINGTON (Reuters) - Democratic leaders and the White
House reached a deal to provide billions of dollars...
in relief to the ailing U.S. auto industry, a senior congressional aide told Reuters on Friday. The package, which Democratic leaders hope to ...
(more)
White House, Democrats reach deal on $15 billion ...
Comments
Blog Reactions
Car Industry - welcome to centralized planning
QandO —
As Dale mentioned yesterday, there couldn’t be a worse idea than a federal "car czar". And all you need to know to validate that point is to understand Nancy Pelosi likes the idea. ...
Czarist America
Classical Values —
Czarist America Yeah. We have a Drug Czar. An Energy Czar. And coming soon to an American company near you: an Auto Czar . And no - the czar will not be into self rule. He is going to rule auto companies who take government money. WASHINGTON - A federal "car czar" would oversee a government-run restructuring of U.S. auto companies in return for a $15 billion bailout of the beleaguered industry under an emerging deal between the White House and Congress. Negotiators worked through the night Monday narrowing differences on a bill to rush short-term loans to the struggling ...
Early Morning Swim
Firedoglake —
... I don't remember all this debate over the Wall St. bailout.
It's very risky!
Ill. guv supports striking workers but really needs a haircut.
Atrios explains the Tribune collapse.
The '06 and '08 routs -- bad news for Democrats.
Spencer on coersion and military law.
Now he tells us: the bible probably isn't literally true?!
A Czar for Cars?
Opinionator —
“House Speaker Nancy Pelosi touted the notion of a ‘car czar’ Tuesday to supervise an auto industry bailout, saying Big Three executives haven’t adapted well to changing conditions,” reports the Associated Press. M. Simon at the libertarian site Classical Values ...
Question for Vesely: Do Bikers Have to Help Bail Out Detroit?
HorsesAss.Org —
... I’m revisiting Vesely’s ignorant editorial a few days late because it’s hard to ignore another example that’s come up this week where the public—bikers included—are going to be paying for car owners: The Feds are about to commit $15 billion to bail out GM, Chrysler, and Ford. ...
Related Content
Congress, White House seek auto bailout compromise
(AP)
news.yahoo.com 12/6/2008 — AP - Amid fresh assembly line layoffs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big ...
Congress Prepares to Debate Auto Aid
online.wsj.com 11/28/2008 — Congressional leaders were taking the first steps to reconsider an emergency aid package for Detroit's struggling auto makers as the companies work to meet a fast-approaching deadline.
Democrats, White House Agree on $15 Billion Auto Plan (Update1)
bloomberg.com 12/10/2008 — Dec. 9 (Bloomberg) -- Congressional Democrats and White House negotiators agreed on the outlines of a $15 billion plan to give General Motors Corp. and Chrysler LLC federal loans to stay in business while requiring them to restructure their ...
White House promises last-ditch auto rescue
(AP)
news.yahoo.com 12/13/2008 — AP - With Congress gridlocked and the economy floundering, the Bush administration declared Friday it would step in to prevent the "precipitous collapse" of the U.S. auto industry and the disastrous loss of hundreds of thousands of jobs sure to ...
White House assessing options to aid carmakers
(AP)
news.yahoo.com 12/14/2008 — AP - The White House weighed its options Saturday for preventing a collapse of the troubled auto industry, once the backbone of the U.S. economy. So far, the only thing certain is that the Bush administration wants to avoid the possibility of a ...
White House Still Working on Auto Rescue
time.com 12/16/2008 — The White House sought Tuesday to play down prospects for an imminent bailout for distressed U.S. automakers, suggesting any deal requiring taxpayer money will require major concessions
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 ...
Auto No Go
corner.nationalreview.com 12/5/2008 — Detroit, Mich. -- They can't get it done.
That is the backroom word on Capitol Hill as auto executives from the Detroit Three wrapped up a second, and final, day of hearings before the House in attempt to get a $35 billion loan to keep them ...