Tag Archives: Automobile Bailout

The Bailouts? Not Much For the Common Guy

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 … finish reading The Bailouts? Not Much For the Common Guy

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An American Icon, the SUV, Is Slowly Vanishing

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 … finish reading An American Icon, the SUV, Is Slowly Vanishing

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Lame Duck Dubya’s Belated Bailout

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 … finish reading Lame Duck Dubya’s Belated Bailout

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Rabbi Arthur Waskow : Autos, Plagues and Passover

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 … finish reading Rabbi Arthur Waskow : Autos, Plagues and Passover

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

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

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Bailout Bust : Southern Republicans Strike Out at Unions

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. … finish reading Bailout Bust : Southern Republicans Strike Out at Unions

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Sherman DeBrosse : Big Three Bailout a Must

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 … finish reading Sherman DeBrosse : Big Three Bailout a Must

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Here’s a Plan : Nationalize General Motors

‘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’ … finish reading Here’s a Plan : Nationalize General Motors

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Michael Moore : Saving the Big 3 for You and Me

‘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. … finish reading Michael Moore : Saving the Big 3 for You and Me

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Cauldron Bubble : Witch’s Mix of Socialism and Capitalism

‘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, … finish reading Cauldron Bubble : Witch’s Mix of Socialism and Capitalism

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

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

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The Bridge Loan to Nowhere

Cartoon by Charlie Loving / The Rag Blog

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