Showing posts with label Auto Industry. Show all posts
Showing posts with label Auto Industry. Show all posts

Tuesday, November 18, 2008

Headlines: November 18, 2008

BRIDGES TO NOWHERE: THE PUBLIC-WORKS SPENDING TRAP

'No' to Obama's experimental government

"What you see in FDR that I hope my team can emulate is not always getting it right, but projecting a sense of confidence, and a willingness to try things. And experiment in order to get people working again."

In Detroit, Failure's a Done Deal

"Instead, advocates of a "rescue" propose extending to Detroit the government's business model for the nation -- redistributing wealth from the successful to the failed, an implausible formula for prosperity."

Midnight Sun

"His "One For My Baby (And One More For the Road)" surely stands as one of the peaks of the great American songbook. Harold Arlen composed the music and Frank Sinatra contributed the definitive performance (on "Frank Sinatra Sings for Only the Lonely," 1958)."

Morality Before Economy? Since When?

"Those wretches who are debauching the youth of the country and murdering women and unborn babes, will soon be in the strong grip of government.”

$6.6 Trillion in Mortgages Were Wrapped into Mortgage-Backed Securities at Heart of Financial Crisis

Government sponsored enterprises, including Fannie Mae and Freddie Mac, processed $4.6 trillion of the $6.6 trillion in mortgages now tied up in mortage-backed securities.

'Mass executions' in North Korean prisons

2005: Cuba fights AIDS with free drugs, not quarantine

How Obama Got Elected... Interviews With Obama Voters

Were some U.S. slave owners black?

Detroit Automakers a Relic of the Past: The Detroit Three will not be the last flagging enterprises to line up for government subsidy.

Breakdown

No UAW Bailout

The Bailout's Fault Lines

2005: Jobs bank programs -- 12,000 paid not to work

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