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Senate rejects auto bailout
Senate rejects auto bailout
A White House-backed bailout for ailing automakers collapsed in the Senate Thursday night.
Mich. Gov.: 'Un-American' to Vote Against Auto Bailout
briefingroom.thehill.com — Michigan Gov. Jennifer Granholm (D) said it was "un-American" for Senators to have voted against approving a... bailout of troubled automakers last night, saying their vote may cause a recession to become a depression. "It is unacceptable for this ... (more) Mich. Gov.: 'Un-American' to Vote Against Auto Bailout
Senate Leaders Try to Work Out Compromise on Auto Bill
washingtonpost.com — 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. ... (more) Senate Leaders Try to Work Out Compromise on Auto Bill
GOP: "Action Alert - Auto Bailout"
thenewshole.msnbc.msn.com — Countdown has obtained a memo entitled "Action Alert - Auto Bailout," and sent Wednesday at 9:12am, to Senate... Republicans. The names of the sender(s) and recipient(s) have been redacted in the copy Countdown obtained. The Los Angeles Times ... (more) GOP: "Action Alert - Auto Bailout"
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The Early Word: No Bailout. Now What?
The Caucus — ... that the failure of the bill was “a bruising defeat for President Bush in the waning weeks of his term, and also for President-elect Barack Obama, who earlier on Thursday urged Congress to act to avoid a further loss of jobs in an already deeply debilitated economy.” Politico’s David Rogers also discusses the consequences for the current and future president: The Senate’s defeat of a White House-backed bailout for the auto industry pushes General Motors Corp. to the brink and puts pressure on President Bush to reconsider his refusal to tap Treasury funds to stave off ...

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talkleft.com 12/12/2008 — The Senate has effectively killed the chances of the auto bailout. Leading the oppositon: Republican Senator Mitch McConnell. In a speech on the Senate floor, Mr. McConnell said he and other Republicans had drawn a clear distinction between the ...
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 ...
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 ...
White House Considers Auto Bailout After Senate Rejects Deal - FOXNews.com Transition Tracker
foxnews.com 12/12/2008 — The White House said Friday it is considering using part of the $700 billion Wall Street rescue fund to prevent the domestic auto industry from failing. Dana Perino, a spokeswoman for President Bush, said it would be "irresponsible" to further weaken ...
Auto bailout bill dies in Senate
cnn.com 12/12/2008 — Sen. Tom Coburn, center, and other Republican senators raised objections to the auto bailout plan Wednesday.
Auto bailout clears the House
politico.com 12/11/2008 — The House passed a $14 billion bailout for ailing U.S. automakers Wednesday night.
Senate Abandons Auto Bailout Bid
nytimes.com 12/11/2008 — WASHINGTON — The Senate on Thursday night abandoned efforts to fashion a government rescue of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional Democrats. The failure to ...
Senate Republicans kill auto bailout bill - Los Angeles Times
latimes.com 12/12/2008 — Senate Minority Leader Mitch McConnell (R-Ky.), who has 50,000 auto-related jobs in his state, said nearly all the Republicans opposed the bill "because we thought it frankly wouldn't work." News reports surfaced late Thursday that GM had retained ...