All Posts Tagged With: "Auto"
Is Bailling Out the Big Three Like Bailing Out Your Neighbor?
The Senate yesterday failed to reach an agreement on the bailout package for the auto industry, meaning that it will probably be January before the industry can get any help. This is something that is being “cussed and discussed,” as my grandfather would have said, in many circles. Everyone has an opinion, and everyone is […]
12Dec2008 | bryan | 1 comment | Continued
Why Government Management of Auto Companies Will Not Work
The advocates of government intervention in our lives are having a great time. They are advocating the regulation of banking, which seems to be smart in light of recent revelations about banking management. And they are advocating dictates of management for the auto industry, this is not nearly as smart as they think. History for […]
10Dec2008 | Ohg Rea Tone | 1 comment | Continued
White House: Blame Dems if no Big 3 help
by Frank James The White House is trying to shift blame to congressional Democrats if the auto industry doesn’t get the financial bailout it’s seeking, saying Democrats appear unwilling to loosen restrictions on $25 billion that’s already been approved to help the industry retool to make their vehicles more fuel efficient. White House spokeswoman Dana […]
19Nov2008 | Ohg Rea Tone | Comments Off on White House: Blame Dems if no Big 3 help | Continued
Auto execs testify as legislators try for deal
By John Crawley and Kevin Drawbaugh WASHINGTON (Reuters) – U.S. auto executives went to Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators proposed changes to help a bailout pass Congressional and White House muster. The day’s hearings, before the House Financial Services Committee, got […]
19Nov2008 | Ohg Rea Tone | Comments Off on Auto execs testify as legislators try for deal | Continued
Obama weighing idea of “auto czar,” aide says
CHICAGO (Reuters) – President-elect Barack Obama is considering naming a point person to lead efforts to help the distressed auto industry return to health, an Obama aide said on Thursday. General Motors Corp, Ford Motor Co and Chrysler LLC are seeking a federal bailout of up to $50 billion. Automakers and Democratic congressional leaders have […]
13Nov2008 | Ohg Rea Tone | Comments Off on Obama weighing idea of “auto czar,” aide says | Continued