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nytimes.com - 11/19/2008

Op-Ed Contributor: Let Detroit Go Bankrupt

— nytimes.com — A managed bankruptcy may be the only path to the fundamental restructuring the auto industry needs. > (more) Op-Ed Contributor: Let Detroit Go Bankrupt

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tnr.com - 11/15/2008

Panic in Detroit

— tnr.com — General Motors has come to Washington, begging for a $25 billion bailout to keep it and its ailing Detroit counterparts going next year. But nobody seems too thrilled about the prospect. Liberals dwell on the companies' gas-guzzling sport-utility ... (more) Panic in Detroit

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powerlineblog.com - 11/17/2008

No UAW Bailout

— powerlineblog.com — Jim Manzi has done some of the best analysis of the proposed bailout of GM, Ford and Chrysler--or, one should more properly say, bailout of the United Auto Workers, otherwise slated for extinction. Here , he addresses the theory that the Big Three ... (more) No UAW Bailout

U.S. Army

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How about some tough love for Detroit?
Newshoggers.com — ... First, some background from a former assistant secretary of Energy during the Clinton years. Joseph Romm recounts an informal partnership between the Clinton Administration and the Big Three automakers to speed the development of hybrid gasoline-electric cars.  After spending nearly one billion taxpayer dollars, the automakers walked away from the development project as soon as the Bush Administration were sworn in.  The work done in Detroit on hybrids, Romm explains, motivated the Japanese car companies to begin their own hybrid development.  ...

Auto Bailout
The Mahablog — ... There appears to be general agreement across the political spectrum that the Big Three automakers are going bankrupt because their CEOs have made many really, really bad choices over the years. Joseph Romm has an article at Salon about this. Here is just a bit: ...

Saving GM?
Shadow of the Hegemon — ... 3 million pink slips, most bloggers then say, "well, if we HAVE to bail those bastards out, at least attach some "green" strings," as if that's some meaningless little thrown bone. Um, hello? Has anyone been paying attention? Mileage standards have been stuck at around 27mpg for 20 years and will only need to go up another 8mpg over the next 12 years. In one swell foop we could revolutionize those standards, thus breaking a decades long political logjam. As Joe Romm (an eco-expert who supports a bailout) ...