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No Auto Bailout For You
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.
Democrats hunt for support for auto bailout      (AP)
Democrats hunt for support for auto bailout (AP)
news.yahoo.com — AP - Senate Democrats pressed ahead on Thursday with plans to vote next week on a $25... billion emergency loan plan for U.S. carmakers as the auto industry and business groups readied a lobbying onslaught to overcome GOP opposition. (more) Democrats hunt for support for auto bailout (AP)
Republicans blast auto bailout plan
Republicans blast auto bailout plan
usatoday.com — "Just giving them $25 billion doesn't change anything," Sen. Jon Kyl of Arizona, the Senate's second-ranking Republican,... said on Fox News Sunday . "It just puts off for six months or so the day of reckoning." Sen. Richard Shelby of Alabama, the senior ... (more) Republicans blast auto bailout plan
 Dodd Interview Censored
Dodd Interview Censored
newhavenindependent.org — Scott, one of Connecticut’s leading conservative voices of the past three decades, was the last local on-air... voice at WELI-AM, once a fully-staffed Greater New Haven news station turned into a right-wing talk radio syndication outlet by owner Clear ... (more) Dodd Interview Censored
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Saxby Chambliss Bailed Out Wall Street, But ‘Will Not Support’ Any Relief For Detroit
Wonk Room — ... By the time the “freeing up of that credit” actually takes place, there very well may be many fewer automobiles for Georgians to buy. As economist and blogger Duncan Black commented on news that Congress lacks the votes for action on the auto industry, “It’s pretty interesting that we’re propping up the fake economy and letting the real economy wither.” ...

Yet another bailout in the offing?
Daily Kos — ... With each successive announcement of yet another bailout for some financial giant, I'm reminded of the observation of Atrios earlier this month as he tried to make sense of the logic about why the powers that be are eagerly rescuing the banks while hesitating about the auto industry: ...

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Sen Dodd backs federal action on auto industryReuters: Politics 11/13/2008
WASHINGTON (Reuters) - The chairman of the U.S. Senate Banking Committee said on Thursday he favors federal government action to assist the struggling automobile industry and plans to hold a hearing on the issue next week.
Dodd backs auto industry action, plans hearingReuters: Politics 11/13/2008
WASHINGTON (Reuters) - The chairman of the U.S. Senate Banking Committee said on Thursday he favors federal government action to assist the struggling automobile industry and plans to hold a hearing on the issue next week.