nytimes.com - 11/19/2008
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Boston IF General Motors , Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit will need to drastically ...
nytimes.com - 11/22/2008
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nytimes.com —
Washington WHEN President Bill Clinton pardoned a billionaire
fugitive from justice on his last day in office,...
even usually loyal Democrats were dismayed. Representative Henry Waxman of California called it “bad precedent” and “an end run around the ...
(more)
Op-Ed Contributor - A Pardon to Remember
nytimes.com - 11/18/2008
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nytimes.com —
Little Rock, Ark. AMERICA’S automobile industry is in
desperate trouble. Financial instability, the credit squeeze and closed...
capital markets are hurting domestic automakers, while decades of competition from foreign producers have eroded market share ...
(more)
Op-Ed Contributor - What’s Good for G.M. Is Good ...
salon.com - 11/13/2008
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salon.com —
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. ...
(more)
Detroit bailout Barack Obama
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That Was Fast
The Agitator —
Here’s Mitt Romney, presidential candidate, campaigning in Michigan last January:
Mr. Romney, a former governor of Massachusetts whose father was president of American Motors in the 1950s and ’60s, insisted that the auto industry can be revived and blamed Congress and Mr. McCain for ignoring Michigan’s problems.
“The question is, where is Washington?” Mr. Romney said, speaking to a gaggle of reporters across from a General Motors transmission plant near Ypsilanti, where 200 layoffs were announced this week. “Where does it stop? Is there a point at which someone says ‘enough’? Or are we going to allow the entire domestic automotive ...
Chinese Want To Buy the Big 3
Firedoglake —
Per Marcy, who predicted it -- the Chinese car makers SAIC and Dongfeng have plans to acquire the Big 3:
A take-over of a large overseas auto maker would fit perfectly into China's plans. As reported before, China has realized that its export chances are slim without unfettered access to foreign technology. The brand cachet ...
Related Content
Let Detroit Go Bankrupt
powerlineblog.com 11/20/2008 — That's the title of Mitt Romney's op-ed in today's New York Times. Romney's reasoning closely parallels what we've laid out here:
I have several prescriptions for Detroit's automakers.
First, their huge disadvantage in costs relative to ...
Let Detroit Go Bankrupt
andrewsullivan.theatlantic.com 11/17/2008 — David Brooks gets the balance perfectly right : Is this country going to slide into progressive corporatism, a merger
of corporate and federal power that will inevitably stifle competition,
empower corporate and federal bureaucrats and protect ...
Romney: Let Detroit go bankrupt
hotair.com 11/19/2008 — Or, if you prefer the way Democrats will be spinning this, “Romney to Detroit: Drop Dead. ” You’ve read the op-ed , now see the video. [...] Read the rest »
Op-Ed Contributor - The Climate for Change
nytimes.com 11/10/2008 — THE inspiring and transformative choice by the American people to elect Barack Obama as our 44th president lays the foundation for another fateful choice that he and we must make this January to begin an emergency rescue of human civilization from ...
Op-Ed Contributor - How to Move the Middle
nytimes.com 11/7/2008 — Washington SENATOR JIM DeMINT, a Republican from South Carolina, spoke for many conservatives on Tuesday in saying that Republicans had lost by straying from conservative principles: “Americans have again rejected the Democrat-lite strategy of higher ...
Op-Ed Contributor - The Real Bill Ayers
nytimes.com 12/5/2008 — Chicago IN the recently concluded presidential race, I was unwillingly thrust upon the stage and asked to play a role in a profoundly dishonest drama. I refused, and here’s why. Unable to challenge the content of Barack Obama’s campaign, his opponents ...
Op-Ed Contributor - How to Move the Middle
nytimes.com 11/7/2008 — Washington SENATOR JIM DeMINT, a Republican from South Carolina, spoke for many conservatives on Tuesday in saying that Republicans had lost by straying from conservative principles: “Americans have again rejected the Democrat-lite strategy of higher ...
Op-Ed Contributor - Goodbye, Reagan Democrats
nytimes.com 11/11/2008 — I’M finished with the Reagan Democrats of Macomb County in suburban Detroit after making a career of spotlighting their middle-class anger and frustrations about race and Democratic politicians. Bill Clinton wrote in his autobiography that my ...
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