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Big Three CEOs And Their Private Jets (PHOTOS)

Huffington Post | Posted 05.25.2011 | Business

The CEOs of the nation's biggest three automakers flew to Washington DC yesterday to make their case before congress that the auto industry is despera...

Detroit Bailout -- Let ExxonMobil Foot the Bill

Laurie David | Posted 05.25.2011 | Green
Laurie David

Listening to the auto execs this week, you'd think it would have offered a humble moment for them to come clean on their mistakes. But no, they continue to deny any responsibility for the mess they are in.

What to do with Detroit?

Dave Winer | Posted 05.25.2011 | Business
Dave Winer

We're giving Detroit money we don't have to feed and house their employees and bail out their suppliers. We're doing it to save our country, not to save the auto industry as it's currently configured.

CEOs Need to Run for Sheriff Just Once

Don McNay | Posted 05.25.2011 | Business
Don McNay

The financial system was supposedly broke. America wants the CEOs begging for cash to act like broke people.

Elements for a New Economy

Charles D. Ellison | Posted 05.25.2011 | Business
Charles D. Ellison

Let's admit, a reasonable "big idea" alternative to the "bailout" plan is in short supply. Our imagination these days only goes so far as what fixes we can buy ourselves out of.

Big Media: Screw the Auto Workers

Jonathan Tasini | Posted 05.25.2011 | Business
Jonathan Tasini

Memo to the media: you want to see the auto industry go down? Fine. But, at least try to give the facts about the cuts, concessions and job losses that workers have taken on in a bid to save their livelihoods.

Should the Government Bail Out the Big Three U.S. Automakers? HuffPost Bloggers Weigh In

Huffington Post | Posted 05.25.2011 | Business
Huffington Post

Huffington Post contributors weigh in on whether Congress should bail out the Big Three Detroit automakers. Keep checking back as the debate continues.

Mitt Romney's Ye-Olde-Times Plan For Detroit

Jeffrey Feldman | Posted 05.25.2011 | Business
Jeffrey Feldman

As a foray into the troubled waters of the biggest industry crisis of our time, Romney's plan epitomizes how Republicans think about the economy: by pretending we live in a Dickensian version of the Eisenhower era.

The Tear-Down (Detroit Edition)

Rev. Peter Laarman | Posted 05.25.2011 | Business
Rev. Peter Laarman

The nation is said to be in need to some bottom-up economic stimulus. And now we're going to tear down what remains of the country's manufacturing core?

The Case for Bailing out the Big Three

Brian Ross | Posted 05.25.2011 | Business
Brian Ross

Apparently there is one thing that liberal and neo-con think-tanks can agree upon: Let Ford, General Motors, and Chrylser fail.

Imported Cars Sitting Idle By The Thousands In Dealership Lots

New York Times | MATT RICHTEL | Posted 05.25.2011 | Business

LONG BEACH, Calif. -- Gleaming new Mercedes cars roll one by one out of a huge container ship here and onto a pier. Ordinarily the cars would be loade...

Congress Scraps a Good Car with Bad Steering

Dan Treul | Posted 05.25.2011 | Business
Dan Treul

No one - this Michigan resident included - is out to defend recent management of Ford, GM and Chrysler as "efficient." It doesn't take an industry analyst to determine the status quo broken.

CNBC's Mark Haines Mocks Automakers: "Please Give Us Money, We Screwed It Up"

CNBC | Posted 05.25.2011 | Business

CNBC Squawk On The Street anchor Mark Haines has spent a lot of time in the last week berating American automakers as they have been lobbying for a $2...

Planes, Pains And Automobiles

Dwayne Raymond | Posted 05.25.2011 | Business
Dwayne Raymond

These overpaid, egomaniacal "players" should heed Romney's counsel and start playing sensibly, like honorable men. And their first ante in this new game should be their own prompt resignation.

Chinese Want To Buy the Big 3 Automakers

Jane Hamsher | Posted 05.25.2011 | Business
Jane Hamsher

All the Shock Doctrine fanatics cheering to drive the the Big 3 into bankruptcy "restructuring," like Mitt Romney, might want to think about the implications of this.

What's Good for Cerberus Capital Managment Is Good for America

Chris Kelly | Posted 05.25.2011 | Business
Chris Kelly

Autoworkers are aces with me. And so are cars. Very useful for getting around. That said, there are only two reasons to save an American car company: Nostalgia and nativism. And neither of those is a very good reason.

How Bankruptcy Would Benefit GM

US News And World Report | Posted 05.25.2011 | Business

Is the Midwest about to tumble into Lake Erie? Sure sounds that way. With General Motors teetering at the edge of insolvency, the company's backers a...

The Daily Szep: Dinosaurian Model

Paul Szep | Posted 05.25.2011 | Entertainment
Paul Szep


The Meaning of Change Will Be Tested by the Auto Industry Bailout

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

The question shouldn't be whether or not to bail out the U.S. auto industry, but how assistance to the car manufacturers fits within the larger national energy plan that is greener, self-sustaining and economically positive.

Five Mistakes by DC and Detroit Hurt Detroit Three's Survival Shances

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.

Detroit's Rebirth as the "Arsenal for America's Future"

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

What a boon it would be to have a renaissance of our historic "Detroit Arsenal," with our government and the automobile industry working together once again on a program critical to the nation's well-being.

Give GM Real Help, Not Guilt-Driven Charity

Bart Motes | Posted 05.25.2011 | Business
Bart Motes

The government can use the bailout money to set up a new universal healthcare and pension plan, releasing the industry of this massive obligation and giving them the opportunity to be competitive and a strong force in the marketplace.

Friday Talking Points [55] -- "Bretton Woods II"? Not Quite.

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

I have to begin here today by stomping all over a cutesy term the media has come up with for the upcoming economic "summit" George W. Bush is holding ...

Thoughts on GM from a GM Family

Ricky Van Veen | Posted 05.25.2011 | Business
Ricky Van Veen

All four of my grandparents were lifelong GM employees and my father worked there when he was young. Accordingly, its recent collapse has been a topic of conversation in my family.

Bail Out the Workers, Not the Plants

Amitai Etzioni | Posted 05.25.2011 | Business
Amitai Etzioni

Rescuing the Big Three is the contemporary version of saving the buggy and whip makers instead of investing in tomorrow's equivalent of car makers -- green industries, public transportation, and new technologies.