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Auto Bailout

Parsing TARP: Sweetening the Deal

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

The American public was sold on TARP -- the Troubled Assets Relief Program -- based on the idea that the funds would be used to buy up, well, troubled assets.

Do Southern Senators Really Want to Start a New War Between the States?

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Southern states have been benefiting from Northern taxes for years. If they start another War Between the States, the Federal gravy train might suddenly stop at the Mason-Dixon line.

So Much for Post-Partisanship?

Carl Pope | Posted 05.25.2011 | Politics
Carl Pope

It's increasingly clear that the Republican minority will be under heavy pressure to jump right in with the same scorched-earth, tactics that were used so successfully to block Bill Clinton's agenda in 1993.

Do We Need the Republican Party?

Hoyt Hilsman | Posted 05.25.2011 | Politics
Hoyt Hilsman

The Republicans will have an opportunity during the Obama administration to stake out reasonable opposing positions that might restore their vanished credibility with the public.

"Drop Dead" Conservatism, Part Two

Terrance Heath | Posted 05.25.2011 | Politics
Terrance Heath

See Part One. There's a literary reference that comes to mind when I consider "Drop Dead" conservatism. (My English Lit. degree occasionally comes i...

Bankers Are No Prettier Than Auto Workers

Michael B. Laskoff | Posted 05.25.2011 | Business
Michael B. Laskoff

Republicans, 2012 is a long way-off. You will have plenty of legitimate issues to fight over. In the meantime, your nation could use your help.

Thom Hartmann Defends the Auto Workers on Countdown

Thom Hartmann | Posted 05.25.2011 | Business
Thom Hartmann

Hartmann defended... the workers, calling Republican refusal to help the auto industry an attempt to break the unions and calling our current economic crisis the direct result of Reaganomics.

Union Coma

August J. Pollak | Posted 05.25.2011 | Politics
August J. Pollak

A little change of wording turns right-wingers around on the auto bailout. To see more of August J. Pollak's cartoon "Some Guy With a Website," ch...

McConnell, Shelby, Toyota

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger


Don't Blame Japan, O.C. Welch. Blame Yourself.

Disgrasian | Posted 05.25.2011 | Business

South Carolina car dealer O.C. Welsh seems to take some comfort in taking a toe to the pup -- he released five radio ads last week attacking patriots for buying Japanese cars.

Bailing Out Dan Quayle

Paul Jenkins | Posted 05.25.2011 | Business
Paul Jenkins

The battle over the bailout of some segments of the US auto industry has become increasingly defined in terms of class, but this hides the fact that the same type of players will benefit from both bailouts.

Analysts: GM Bankruptcy Would Be Catastrophic For Economy

Reuters | Lucia Mutikani | Posted 05.25.2011 | Business

A General Motors bankruptcy would push the U.S. economy deeper into recession and cause a labor market catastrophe, highlighting why the government ha...

GOP to America: Drop Dead, or "What's in it for Me?"

David Fiderer | Posted 05.25.2011 | Politics
David Fiderer

Let's be clear, the Republican senators' moves against the Detroit bailout is not about $15 billion, which is a rounding error in the context of the Iraq surge or the financial bailout.

Do Globalist GOP Traitors Intend to Flat Out Kill the USA's Auto Industry?

Rob Kall | Posted 05.25.2011 | Politics
Rob Kall

What do you call someone who unnecessarily puts one of America's biggest industries at serious risk and sells out millions of his country's workers abilities to make an honest living?

Senate to Middle Class: Drop Dead

Michael Moore | Posted 05.25.2011 | Politics
Michael Moore

The Senate decided that it is more important to break a union, more important to throw middle class wage earners into the ranks of the working poor than to prevent the total collapse of industrial America.

WallStrip: Does The Auto Industry Deserve A Bailout? (VIDEO)

WallStrip | Posted 05.25.2011 | Business

Does the US auto industry deserve a bailout? Amid the bailout's failure in the Senate, WallStrip asks the question. WATCH:...

Walt Whitman on the Blagojevich Scandal (and Maybe Also the Auto Bailout Mess)

John Seery | Posted 05.25.2011 | Politics
John Seery

Walt Whitman, speaking from beyond the grave, with an eye toward our current ills.

Thomas B. Edsall

Journey Into The Unknown: How The Bailout Trend Is Upending Politics | Thomas B. Edsall | Posted 05.25.2011 | Politics

While Republicans and Democrats argue over whether the 2008 election signals the dawn of a new political era, the ground is changing under both partie...

Cheney To GOP Senators: It's 'Herbert Hoover Time'

The Huffington Post | Posted 05.25.2011 | Business

Politico reports on Dick Cheney's private meeting with Republican Senators, at which he tried and failed to win their support for an auto bailout: S...

The Nasty Class and Anti-Union Bias of Auto Bailout Opposition, or the Wall Street-Detroit Double Standard

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

Nancy Pelosi says the Congressional Republicans are playing Russian Roulette with the economy by refusing to agree to an auto industry bailout. But f...

Time for banking and auto workers to stage a sit-in

Eve Tahmincioglu | Posted 05.25.2011 | Business
Eve Tahmincioglu

Everyone thought that the 200 plus workers at a Chicago door and window factory were so quaint, staging an old-fashioned sit-in in today's all-about-m...

"Herbert Hoover Time"

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

There are defining moments in politics. By blocking the auto bailout, Republicans defined themselves. They are class warriors, willing to risk an economic calamity in order to break a union.

Bail Them Out? Why Not Take Over Their Healthcare Instead?

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Let's have the government assume the cost of providing health care to auto workers, and have it take the lead in deciding how those health dollars are spent.

Thanks, Senate! For Nothing

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Do you know what a piddling amount $14 billion is to the Federal Government? We just allocated 50 times that amount to Wall Street. But not a penny will Republican Senators allow to the crumbling auto industry.

The Republicans Want A Depression

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

At a time when the US economy cannot withstand another shock the Republicans have decided that is exactly what they want. Instead of helping Detroit out, they put ideology ahead of the country.