Submit a Story!
Votes
vote down flag
tigerhawk.blogspot.com - 11/16/2008
Do not bail out the Detroit Three
—
NYU finance professor David Yermack absolutely crushes the arguments in favor of bailing out the Detroit Three automakers. Teaser: In 1993, the legendary economist Michael Jensen gave his presidential address to the American Finance Association. Mr. Jensen's presentation included a ranking of ...
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
Comments vote down Obsidian Wings found this 11/15/2008found this
online.wsj.com - 11/16/2008
Don't Bail Out My State
— online.wsj.com — I find myself in a lonely position. While many states and local governments are lining up for a bailout from Congress, I went to Washington recently to oppose such bailouts. I may be the only governor to do so. But I suspect I'm not entirely alone, as ... (more) Don't Bail Out My State
Comments vote down The Volokh Conspiracy found this 11/16/2008found this
Detroit: Same Old, Same Old
corner.nationalreview.com - 11/17/2008
Detroit: Same Old, Same Old
— corner.nationalreview.com — Andrew Sullivan points to an article by Jonathan Cohn in the current TNR arguing for the proposed automotive bailout. The core of Cohn's argument is that the Big 3 are turning around, and that the bailout will give them time to complete their ... (more) Detroit: Same Old, Same Old
Comments vote down Power Line found this 11/17/2008found this

Blog Reactions

Instapundit

Comments
Blog Reactions

Instapundit — TIGERHAWK: Do Not Bail Out the Detroit Three. UPDATE: Saving Detroit: An Investment in Future Failure. ...

Related Content
The Bail-Out Will Not Work
angrybear.blogspot.com 11/26/2008 — by cactus Let Me State Again: The Bail-Out Will Not Work, It Cannot Work I'm on vacation, and I check the news and Angry Bear and I find this crazy bail-out is growing like mad just in the last few days. I had a post at the start of this thing that ...
Detroit bailout Barack Obama
salon.com 11/13/2008 — Nov. 12, 2008 | Why bail out the car companies when they bailed out on us? General Motors and Ford burned through a stunning $14.6 billion in cash last quarter. G.M.'s stock has sunk so low that you could buy the entire company for $2 billion. ...
Detroit: Same Old, Same Old
theamericanscene.com 11/17/2008 — Andrew Sullivan points to an article by Jonathan Cohn in the current TNR arguing for the proposed automotive bailout. The core of Cohn’s argument is that the Big 3 are turning around, and that the bailout will give them time to complete ...
Big 3 Bail-out thoughts
newshoggers.com 11/15/2008 — By Fester: In normal times, I would not support a massive bail-out of GM.  However these are not normal economic times as we have entered a liquidity trap .  Unusual and massive interventions are warranted to prevent a Japanification of ...
Why Detroit Can't Keep Up
washingtonpost.com 11/23/2008 — 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. ...
Wall Street bailout funds may be used to bail out Detroit - Dec. 11, 2008
money.cnn.com 12/12/2008 — WASHINGTON (CNN) -- The proposal to loan $14 billion to Detroit's struggling automakers collapsed late Thursday night but the Big Three may get some money anyway. Bush officials warned wavering GOP senators earlier Thursday that if they didn't support ...
Don't bail out US automakers
WWW.samefacts.com 11/10/2008 — General Motors proposes that the public lend it some dozens of billions of dollars more, and Obama seems to think it's a good idea. Sad to see the new guy pooch a big decision so early. Detroit is certainly hurting, and the people who live there and ...
BBC NEWS | Business | Paulson says US bail-out working
news.bbc.co.uk 11/12/2008 — The $700bn (£494bn) US bail-out package has already "clearly helped stabilise" the financial system, US Treasury Secretary Henry Paulson has said. But he added that there were still many challenges ahead and market turbulence was likely to continue ...
Just Say No to Detroit
online.wsj.com 11/15/2008 — See what Ford, GM have been up to in recent years as their stock price and sales declined.
City Council: Detroit needs $10-billion bailout | Freep.com | Detroit Free Press
freep.com 11/13/2008 — The Detroit City Council passed a resolution today calling for a $10-billion bailout for the city of Detroit. Council President Pro Tem JoAnn Watson sponsored the resolution to use the money for public service employment, to fund mass transit plans ...