Sunday, November 9, 2008

Headlines: November 9, 2008

Questions swirl around potential stimulus plans

Pelosi and Reid Urge Aid for U.S. Automakers

Without U.S. aid, cash-burning GM will go bankrupt: analyst Automaker needs more than $25 billion technology loan from Uncle Sam, analyst claims; ‘bringing a Band-Aid to a train wreck’

U.S. Carmakers Said to Seek $50 Billion in U.S. Loans

In a sane world, these companies would lay off workers and would find a way to get rid of the unions that are dragging the companies down to destruction. They would have to become profitable again in ordee to remain in business. In 2008, GM will continue its unprofitable business practices with the help of a loan from the U.S. government.

Serve the State

"Obama will call on citizens of all ages to serve America, by developing a plan to require 50 hours of community service in middle school and high school and 100 hours of community service in college every year."

Obama will soon be intervening in all our lives

Detroit’s Faustian Bargain

"It is, of course, no coincidence that the Big Three arrived at Washington’s doorstep together. All three have labored under “pattern bargaining” union contracts — Democrat-supported unions — that made their wage and pension costs unsustainable against non-union foreign automakers."

AIG in talks with Fed over new bail-out

Like Lincoln and FDR, Obama faces nation in crisis

After Push for Obama, Unions Seek New Rules

Does anyone remember the Wagner Act--and its consequences? (a depression within a depression)

A good definition of greed: wanting something for nothing.

Cost and Value of Education Will Plummet

Stop Foreclosures

The Arab world's nightmare

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