Tag Archives: Automobile Bailout

The Bailouts? Not Much For the Common Guy

Posted on January 8, 2009 by Thorne Dreyer

Trillions to financial Terra Incognita; So far very little for ordinary AmericansBy Sherman DeBrosse / The Rag Blog / January 8, 2008 At this moment, the cost of the bailouts, including guarantees, stands at $ 7.2 billion. That includes a … Continue reading →

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An American Icon, the SUV, Is Slowly Vanishing

Posted on December 25, 2008 by RagBlog

Billy Bob Grahn, a county official, paid tribute Tuesday as a G.M. plant in Janesville, Wis., became one of three to close. Photo: Andy Manis for The New York Times.Nearly the End of the Line for S.U.V.’sBy Nick Bunkley and … Continue reading →

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Lame Duck Dubya’s Belated Bailout

Posted on December 20, 2008 by Thorne Dreyer

President Bush pauses during a statement on the auto industry at the White House on Friday, December 19, 2008 in Washington. Photo by Evan Vucci / AP.‘It looks like the feds are going to end up owning and supporting a … Continue reading →

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Rabbi Arthur Waskow : Autos, Plagues and Passover

Posted on December 15, 2008 by Thorne Dreyer

Pharaoh 2 by Veronica Winters.Knowing a Pharaoh when you see one…Creating a Freedom Seder for the EarthBy Rabbi Arthur Waskow / The Rag Blog / December 15, 2008 What do the Iraq War, the drowning of New Orleans, the collapse … Continue reading →

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A Lesson From Canada (and Detroit) : Single Payer Health Care is Way to Go

Posted on December 13, 2008 by Thorne Dreyer

‘Canada pays LESS for health care per person than the US — with far better results in terms of general wellness of the population.’By Tommie Sue Montgomery / The Rag Blog / December 13, 2008 See ‘If G.M. Were a … Continue reading →

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Bailout Bust : Southern Republicans Strike Out at Unions

Posted on December 12, 2008 by Thorne Dreyer

Sen. Debbie Stabenow, D-Mich, left, listens to Sen. Sherrod Brown, D-Ohio, speaking about the Senate’s rejection of an emergency $14 billion loan bailout for US auto companies, Thursday, Dec. 11, 2008, on Capitol Hill in Washington. Photo by Haraz N. … Continue reading →

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Sherman DeBrosse : Big Three Bailout a Must

Posted on December 10, 2008 by Thorne Dreyer

UAW workers picket GMC plant. Photo by Spencer Platt / Getty Images.An auto bridge loan is essential to reduce the pain of recession.By Sherman DeBrosse / The Rag Blog / December 10, 2008 The U.S. economy is so fragile that … Continue reading →

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Here’s a Plan : Nationalize General Motors

Posted on December 9, 2008 by Thorne Dreyer

‘The United States government should buy 51% of the GM stock and put a green Board of Directors in place.’By Terry J. DuBose / The Rag Blog / December 8, 2008 See ‘Here’s a plan: Buy GM’ and ‘Nationalize GM’ … Continue reading →

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Michael Moore : Saving the Big 3 for You and Me

Posted on December 3, 2008 by Thorne Dreyer

‘Congress must save the industrial infrastructure that these companies control and the jobs they create. And it must save the world from the internal combustion engine.’By Michael Moore / December 3, 2008 I drive an American car. It’s a Chrysler. … Continue reading →

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Cauldron Bubble : Witch’s Mix of Socialism and Capitalism

Posted on November 25, 2008 by Thorne Dreyer

‘Our goal is to grow the commons and regulate capitalism, not abolish it.’By David P. Hamilton / The Rag Blog / November 25, 2008 From Friedman to Fidel, all agree. No one seriously argues against some form of mixed economy, … Continue reading →

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Bailout : Idiots in Detroit Can’t Even Get an Electric Car Right

Posted on November 25, 2008 by Thorne Dreyer

Electric Edsel? GM unveils the Volt.‘At this point, since the Democrats in Congress and the White House are congenitally incapable of imagining a state-owned or partially state-owned enterprise, it would be better to just let GM go under.’By Dave Lindorff … Continue reading →

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The Bridge Loan to Nowhere

Posted on November 22, 2008 by RagBlog

Cartoon by Charlie Loving / The Rag Blog

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