Tag Archives: Automakers Bail-Out

President Goodwrench

As someone in the minority position in terms of generally supporting the bailout of the automakers, I have to say that Obama’s “tough love” approach to handling this undertaking looks somewhat promising. Unsurprisingly, the mindless shriekers and innumerable pathological haters … Continue reading

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Filed under Barack Obama

So Long, Chrysler…

Don’t let the door hit you on the way out. And good luck selling any cars or trucks in Canada in the future. Bailing out the automobile manufacturers has always been a questionable proposition, but especially so in the case … Continue reading

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Filed under Automobiles, Economy

Buzz Hargove vs. Dragons Den

We keep coming back to the issue of the government bailout of the North American automakers because it seems so symbolic of the challenges now being confronted as the economy tanks and different ideological views of how best to solve … Continue reading

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Filed under Economy

The Auto Bailout

The saga continues… This is the first part (there’s an embedded link at the end to the second part) of a fascinating interview between Paul Jay and York University professor and former CAW research director Sam Gindin about the sorry … Continue reading

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Filed under Automobiles, Economy

“Free Market” Bush to the Rescue!

After dithering about it for more than a week, President Bush has decided to bailout the Detroit Three automakers after all with a $17.4 billion rescue package of bridge loans to give the struggling companies a little more breathing room … Continue reading

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Filed under Economy, George W. Bush

Countdown: Harry Shearer Interview

Some general musings on the incompetence of the Bush administration during its waning days and the unlikelihood that a good resolution will come from an auto bailout brought to you by the same team responsible for the grotesque mismanagement of … Continue reading

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Filed under George W. Bush, Humour

The New “Civil War”

I believe that’s how former Labor Secretary Robert Reich has described the battle being played out over the fate of the “big three” automakers. In this brief report, Al Jazeera’s English news service takes a look at the non-unionized, southern-based … Continue reading

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Filed under Automobiles, Economy, US Politics

Automakers: Giving Consumers the Gears

It’s interesting to view the dubious business practices of the automakers through the prism of the pending bail-out, err, “bridge loan” in the offing from taxpayers. In this case CBC News highlights the increasing trend of gouging people with exorbitant … Continue reading

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Filed under Economy

Meanwhile, South of the Border…

While here in the Great White North we were all transfixed by our little “constitutional crisis” and parliamentary “psychodrama” there was actually news taking place in the good ol’ US of A today (there’s a switch, huh?). The “Auto-Rescue — … Continue reading

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Filed under Economy

SNL: Big Three Bailout Hearing

An excellent sketch from this past weekend’s SNL spoofing the automakers’ appearance before Congress. I’m not sure how long this will be on YouTube as it’s almost certainly a copyright violation and NBC tends to be quite aggressive about these … Continue reading

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Filed under Humour