Category Archives: Automotive Bailout - Page 2

If I promise you the moon and stars, would you believe it?

Posted by Pam on 6/2/2009 Comments Off

Hot Air » Blog Archive » (Budget) Games People Play. The era of Hope and Change has begun, where the oceans recede, the planet cools, and government has become more open and honest. Right? No? If the first two haven’t …

Hot Air » New GM ad: Are you ready for government-made crapboxes?

Posted by Pam on 6/1/2009 Comments Off

Hot Air » Blog Archive » New GM ad: Are you ready for government-made crapboxes?.

Just say no to Government Motors, and to the rush to corporatism and socialism that the Obama administration has pushed

Posted by Pam on 6/1/2009 2 comments

Under the proposed restructuring, about 60 percent of the new GM would be owned by the United States, about 12 percent by the governments of Canada and Ontario, a union health trust would own 17.5 percent, and the company’s current …

Ouch: Federal Tax Revenues Fall By Over One Third

Posted by Pam on 5/27/2009 1 comment

Ouch: Federal Tax Revenues Fall By Over One Third.

Unions vs. Taxpayers – WSJ.com

Posted by Pam on 5/14/2009 1 comment

Unions vs. Taxpayers – WSJ.com.

GOVERNMENT MOTORS INTENDS TO DOUBLE NUMBER OF VEHICLES INTO U.S. FROM MEXICO, SOUTH KOREA, CHINA and JAPAN

Posted by Pam on 5/14/2009 2 comments

DETROIT (AP) – As thousands of General Motors workers await word on more U.S. plant closures, reports that the company plans to import Chinese-made vehicles to the U.S. have created a political problem for the automaker and the White House. …

GM CEO: Bankruptcy Likely; Firm May Leave Detroit

Posted by Pam on 5/11/2009 2 comments

GM CEO: Bankruptcy Likely; Firm May Leave Detroit – Automotive * US * News * Story – CNBC.com. General Motors is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring …

NObama Never Said Where The Jobs Would Be Created: Under Restructuring, GM To Build More Cars Overseas – washingtonpost.com

Posted by Pam on 5/8/2009 6 comments

Under Restructuring, GM To Build More Cars Overseas – washingtonpost.com. The U.S. government is pouring billions into General Motors in hopes of reviving the domestic economy, but when the automaker completes its restructuring plan, many of the company’s new jobs …

Obama’s flawed auto logic

Posted by Pam on 5/7/2009 1 comment

Obama’s flawed auto logic | detnews.com | The Detroit News. President Barack Obama insists he doesn’t want to run the domestic auto industry — and we should all be thankful for that. But his actions speak differently — and we …

UPDATED: Here’s a tip for President Obama: Next time you excoriate tax cheats, try to keep Rep. Charles Rangel’s name out of the discussion. UPDATE:Judge Okays Chrysler Deal, Despite Fact It’s Unconstitutional ‘n Stuff; Obama Official Admits $7.5 Billion in “Loans” to Chrysler Will Never Be Paid Back

Posted by Pam on 5/6/2009 Comments Off

Somehow, it doesn’t further your case. — Yet that’s precisely what Obama did Monday, singling out the powerful Harlem congressman … Chrysler won’t repay bailout money An Obama administration official confirmed Tuesday that Chrysler won’t be repaying the loans, though …

UNION THUGS: Chrysler Lenders Seek Secrecy, Citing Death Threats

Posted by Pam on 5/5/2009 2 comments

Chrysler Lenders Seek Secrecy, Citing Death Threats. A group of lenders to troubled automaker Chrysler asked a bankruptcy court judge Tuesday to keep their identities secret, saying they could face “public attack” and “threats to their safety.” The petition was …

House Democrats seek $94.2 billion in emergency funds | Reuters

Posted by Pam on 5/4/2009 Comments Off

House Democrats seek $94.2 billion in emergency funds | Reuters. Democrats in the U.S. House of Representatives will seek passage in coming weeks of $94.2 billion in emergency money for the wars in Iraq and Afghanistan and other programs, including …

White House Denies Charge By Attorney that Administration Threatened to Destroy Investment Firm’s Reputation – Political Punch

Posted by Pam on 5/2/2009 1 comment

White House Denies Charge By Attorney that Administration Threatened to Destroy Investment Firm’s Reputation – Political Punch.

Hot Air » Blog Archive » It’s on: Obama takes shot at tea parties

Posted by Pam on 4/29/2009 Comments Off

Hot Air » Blog Archive » It’s on: Obama takes shot at tea parties. Asked about fiscal discipline and entitlements reform, Obama seemed to be repressing a smile as he jabbed critics of his spending plans. “Those of you who …

The UAW Is About To Become One Of The Biggest Automakers

Posted by Pam on 4/28/2009 Comments Off

The UAW Is About To Become One Of The Biggest Automakers. The United Auto Workers union’s retiree health-care fund will own 55 percent of Chrysler LLC in exchange for cutting in half the automaker’s $10.6 billion cash obligation to the …

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