frum.nationalreview.com - 11/13/2008
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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... . . .
powerlineblog.com - 11/17/2008
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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
news.yahoo.com - 11/14/2008
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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)
meganmcardle.theatlantic.com - 11/14/2008
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meganmcardle.theatlantic.com —
Freddie wants me to talk about the human
costs of not having the auto bailout. That's easy: ...
they're terrible. Lots of people will lose their jobs. Those that don't will have their expectations for an upper-middle class life ...
(more)
Right to work
Comments
Blog Reactions
Where's The Journalism Bailout?
Ross Douthat —
David Frum, on the fate of GM: Last week, the stock of Las Vegas Sands Corporation collapsed.
Bankruptcy seems a real possibility. Indeed, the whole casino gambling
industry in Nevada is facing the worst crisis in at least a generation,
maybe ever. Casino gambling directly employs more people than the
domestic automobile industry. Add in the supply chain for both
industries, and casinos still employ almost half as many people as the
automobile sector. So what about a bailout for the casino industry? Ridiculous! Right? But why right? More ...
Government-run US auto industry? Bail out the casinos?
Daimnation! —
1) Charles Krauthammer:
[...]
If you think we have economic troubles today, consider the effects of nationalizing an industry of this size, but now run by bureaucrats issuing production quotas to fit five-year plans to meet politically mandated fuel-efficiency standards -- to lift us to the sunny uplands of the coming green utopia...
2) David Frum:
[...]
Last week, the stock of Las Vegas Sands Corporation collapsed. Bankruptcy seems a real possibility. Indeed, the whole casino gambling industry in ...
Related Content
The Auto Bailout
balloon-juice.com 11/23/2008 — Over at the Corner , all sorts of gruesome numbers regarding the woes of the Big Three, and the question I have to keep asking is why bail them out? I really do not understand how sending tens of billions on top of the 25 billion in loans to ...
Auto Bailout
mahablog.com 11/17/2008 — 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 ...
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 ...
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 ...
No Auto Bailout For You
eschatonblog.com 11/14/2008 — 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.
Breaking: Auto Bailout Dies In Senate
gatewaypundit.blogspot.com 12/12/2008 — The word is-- The auto bailout is Dead as a Doornail . UPDATE-- It's official. The bailout is dead . The unions would not budge: The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the United Auto Workers ...
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 ...
Public Split on Auto Bailout
politicalwire.com 12/9/2008 — "While a majority of Americans believe that bankruptcy for U.S.
automakers would have a major impact on the economy, they are evenly
split about the prospect of government financial assistance for the big
three," a new CBS News poll finds. "Forty-five ...
"Auto bailout dead."
althouse.blogspot.com 12/20/2008 — "Negotiations ended, no deal.... Until next year. Corker tried to make a deal with Dems, UAW wouldn't make concessions, so it will die on cloture vote with GOP opposing. Vitter held the line too, objecting to quick vote, forcing more debate. He was ...
Auto Bailout Talking Points
WWW.samefacts.com 12/12/2008 — The Republican Party was so anxious to destroy the unions that they decided to destroy the auto industry in the process.
Say this over and over. Particularly in Ohio, Michigan, Pennsylvania, and Missouri (all of which have substantial manufacturing ...
Those pending races, & Senate History 101 —
First Read 11/13/2008
From NBC's Ken StricklandIf the contested elections of the Minnesota, Alaska, and Georgia Senate races aren't resolved before the new Congress convenes in January, the Senate has the power to seat someone to the position until the matter is resolved. ...