Category Archives: Automotive Bailout

Your Load Of Crap: GM blames recall on Toyota supplier

FT.com / Companies / Automobiles – GM blames recall on Toyota supplier. General Motors has blamed a supplier partly owned by Toyota for a faulty car part that led to the recall of 1.3m Chevrolet and Pontiac cars in North …

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OBSCENE: Ford posts $2.7B profit

Ford posts $2.7B profit, first in 4 years – NYPOST.com. The automaker on Thursday also forecast a full-year profit in 2010. Earlier it had only promised to be “solidly profitable” in 2011. Ford benefited from cost-cutting, a $696 million profit …

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THRILL IS GONE

In Ohio, Obama vows to ‘never stop fighting’ PAPER: Obama’s fortunes set to deteriorate further… Bernanke under pressure; Faltering support for Fed chief… Dow Suffers Worst Week SInce Last March… Obama seen as anti-business by 77% of investors… Europe welcomes …

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After Stimulus: 49 of 50 States Have Fewer Jobs! *6 Million Jobs Shy of Administrations’ Projections…

After Stimulus: 49 of 50 States Have Fewer Jobs! *6 Million Jobs Shy of Administrations’ Projections… Obama trying to boost party money, morale… RNC Beats DNC in Money Race… Dems lock Republicans out of committee room: ‘They don’t know how …

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Politico: So far, Obama’s failing miserably

So far, he’s failing miserably. Consider the following: • Cap-and-trade legislation had to limp over the finish line in the House of Representatives with the help of a few moderate Republicans, who then caught holy unshirted hell from their constituents. …

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Media Virtually Silent About $10 Billion Union Health Care Subsidy Built Into House Version of Health Care Bill | NewsBusters.org

Media Virtually Silent About $10 Billion Union Health Care Subsidy Built Into House Version of Health Care Bill | NewsBusters.org. ….. a $10-billion provision tucked deep inside thousands of pages of health care overhaul bills that could help the UAW’s …

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Hot Air :Quote of the day

Hot Air » Blog Archive » Quote of the day. “He is trying to fix the financial markets but does not have an assistant treasury secretary for financial markets. He is spending more money on transportation than anyone since Dwight …

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Cash For Clunkers To Be Euthanized On Monday

Look how it was sold President Barack Obama and administration officials declared the program a success Thursday, saying it has revitalized the ailing auto industry and finally brought reluctant car buyers back to dealership lots. Originally a $1 billion program, …

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Joltin’ Joe Spinning the stimulus … badly

Hot Air » Blog Archive » Joltin’ Joe whiffs on his own curveball. After watching their stimulus package fail to stimulate and an increasing number of Americans wondering whether President Barack Obama has the first clue on economics, Vice President …

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Big Labor insolvent?: The SEIU and the AFL-CIO have all but gone bankrupt after throwing away tens of millions in the last election. The massive unemployment in union-sector jobs may sound their death knell

But don’t worry, they will do a better job with running GM! Hot Air » Blog Archive » Big Labor insolvent?. ‘We spent a fortune to elect Barack Obama,” declared Andy Stern last month, and the president of the Service …

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Hot Air » Blog Archive » Breaking: SCOTUS stops Chrysler sale

Hot Air » Blog Archive » Breaking: SCOTUS stops Chrysler sale. Chrysler has said a delay could scuttle the deal. A federal appeals court in New York had earlier approved the sale, but gave opponents until 4 p.m. EDT Monday …

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Obama Seeks Tax on Wealthy to Fund Health Overhaul… Update: Goodbye, 4th Amendment

Obama Seeks Tax on Wealthy to Fund Health Overhaul… Tax on international air travel could fund ‘climate change’ fight… Unemployment Rate Gallops Ahead of Expectations… Big government spending programs — having opposite desired effect… Obama’s global warming bill ‘patently absurd’; …

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Why Bernanke is right to be worried

FT.com / Comment – Why Bernanke is right to be worried. Bernanke Warns Long-Term Budget Deficits Threaten Financial Stability…

Hot Air » Great news: GM will still pay lobbyists in DC

Hot Air » Blog Archive » Great news: GM will still pay lobbyists in DC. General Motors will continue its multimillion-dollar lobbying operation in Washington, even after the federal government takes ownership of it. The automaker may even maintain its …

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Hot Air » Biden on the stimulus: Some money’s being wasted, some people are being scammed

Hot Air » Blog Archive » Biden on the stimulus: Some money’s being wasted, some people are being scammed.