afp.google.com - 11/10/2008
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Obama's chief of staff urges swift help for auto industry 21 hours ago WASHINGTON (AFP) President-elect Barack Obama's chief of staff Sunday urged swift action to rescue the US auto industry, which is in peril due to flagging sales, job cuts and the credit crunch. "Washington needs to look at ...
politico.com - 11/12/2008
wonkroom.thinkprogress.org - 11/14/2008
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wonkroom.thinkprogress.org —
There seems to be a growing consensus in
Washington that the federal government needs to bail out...
America’s auto industry. The Wall Street Journal reported today that Sen. Harry Reid (D-NV) and Rep. Nancy Pelosi (D-CA), in a letter sent ...
(more)
If It Happens, The Auto Industry Bailout Needs To Be ...
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Bailing Out the Auto Industry
Outside The Beltway | OTB —
... No matter what your politics are, left or right, I think we can all agree that bailing out the U.S. auto industry is a bad idea. As ...
Blame It On the Unions
The Glittering Eye —
I’ve seen that some people are blaming the fix the American automobile companies are in on the unions. This comment is fairly typical:
The real issue here is the unions. Leaving aside for the moment, the issue of the companies falling, which most Democrats won’t mind much… after all corporate America is something to be diminished… the bailout is both caused by union excess, and to reinforce it.
I don’t see things quite this way and to understand why you’ve got to consider the different ...
The newspaper bailout countdown clock
Michelle Malkin —
... $1 billion, while operating cash flow dropped 67 percent year over year. But Zell isn’t understating anything when he talks of how aggressively Tribune is moving, as evidenced by the $45 million charge for severance and termination benefits. Nearly all of that went to reducing publishing headcount; overall, the company cut the equivalent of 1,300 full-time positions. Every last corporate special interest and imperiled business has some water-carrier in Congress arguing that they’re “ essential to the economy” and “too big to fail.” I’m tellin’ ya: It won’t be long before the ...
Related Content
The Other American Auto Industry
weeklystandard.com 12/13/2008 — Plenty of car makers make a go of it in this country--they're just non-union and not headquartered in Detroit. by Fred Barnes 12/22/2008, Volume 014, Issue 14
An all-American auto industry bailout?
msnbc.msn.com 12/10/2008 — With Congress considering lending $15 billion in taxpayer money to the Big Three, some in Congress are worried the automakers will spend part of it overseas.
Obama v. Congress: The Auto Industry Bailout
marcambinder.theatlantic.com 11/8/2008 — Perhaps the first real test of Barack Obama's political capital will be how aggressively he pushes to give the auto industry more government help. On CNBC this morning, Rep. Adam Smith (D-CA) said that Congress shouldn't bail out companies that are ...
E-mail from an auto industry worker
michellemalkin.com 11/13/2008 — Didn’t have time to post an alert beforehand, but I did a brief segment on Fox& Friends this morning on the mega-auto bailout. [...] Read the rest »
Bailing Out the Auto Industry
outsidethebeltway.com 11/10/2008 — No matter what your politics are, left or right, I think we can all agree that bailing out the U.S. auto industry is a bad idea. As Conor Friedersdorf notes
When an auto firm makes a product inferior to its competitors, signs labor contracts it ...
In Praise of the US Auto Industry
organizationsandmarkets.com 11/24/2008 — | Peter Klein |
The proposed bailout of GM, Ford, and Chrysler overlooks an important fact. The US has one of the most vibrant, dynamic, and efficient automobile industries in the world. It produces several million cars, trucks, and SUVs ...
Emanuel to Be Chief of Staff
washingtonpost.com 11/6/2008 — Obama's Choice Could Signal Rapid Succession of Cabinet Picks Washington Post Staff Writers Friday, November 7, 2008; Page A01