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Send Those UAW Workers Over to Wal-Mart!

Al Norman | Posted 05.25.2011 | Business
Al Norman

Wal-Mart creates a form of mathematics not taught in any school. It's called Wal-Math, and it works this way: 1 job created by Wal-Mart, minus 1 job killed at a smaller retailer = 1 job.

Chrysler & GM: What Happens if Your Car Blows Up?

Don McNay | Posted 05.25.2011 | Business
Don McNay

I know I'll never forget that horrible sight, I guess I found out for myself that everyone was right. Won't come back from Dead Man's Curve. -Jan a...

The Death of GM: A Much Needed Wake-Up Call

Bobbie Wasserman | Posted 05.25.2011 | Business
Bobbie Wasserman

This is not a worker problem, it's a management problem. Autoworkers produce quality products. It was management that decided what those products would be.

Goodbye, GM

Michael Moore | Posted 05.25.2011 | Business
Michael Moore

Let's be clear about this: The only way to save GM is to kill GM. Saving our precious industrial infrastructure, though, is another matter and must be a top priority.

Crash diet: GM getting in shape for Chapter 11

AP | TOM KRISHER and KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

DETROIT — The speed at which General Motors Corp. exits bankruptcy protection would depend a lot on the shape the company is in when it enters. GM h...

Friday Talking Points [79] -- Judicial Activism And Bias

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

"Judicial activism" (or, alternatively, "legislating from the bench") is defined -- no matter what your political beliefs -- as "judges not ruling the...

Michigan Will Lead the Green Industrial Revolution

Gov. Jennifer M. Granholm | Posted 05.25.2011 | Green
Gov. Jennifer M. Granholm

Some doubters on this website have advocated "pulling the plug on Detroit." Instead, I invite you to plug in to the power of American ingenuity and American transformation.

U.S. Government Expected To Own 70% Of GM

nytimes.com | MICHELINE MAYNARD | Posted 05.25.2011 | Business

DETROIT -- The government will hold a large share of a restructured General Motors after the company emerges from bankruptcy protection, and will prov...

Government vs. Investors, Round One

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

A world where the president bristles at contract rights to marshal the huge resources of government in a war against investors is a world where companies will find it very hard to borrow.

Car-Nage or Industrial Policy?

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

We so completely lack an industrial policy that we are presently working to spend money to maintain our car market while decimating U.S. domestic car producers.

Auto Industry Teammates

Dan Dubno | Posted 05.25.2011 | Business
Dan Dubno

We all know that the car occupies a central position in our way of life, yet aside from adding DVD players and coffee cup holders, we've done little to integrate ideas from the rest of our society.

Detroit: From Socialism to Capitalism

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

There are many ironies in the Detroit saga, but most striking is the fact that state "socialism" may finally turn North America's car industry players into capitalists.

Chrysler Vultures May Win Too

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

So here's what is next: Chrysler's hedge funds will make money on the deal because the courts will award something.

The Double-Standardization Of Double Standards

Stuart Whatley | Posted 05.25.2011 | Politics
Stuart Whatley

Surely there is nothing new about double standards in business and finance, especially in the current crisis. In fact, there may even be a rising double standard for what constitutes a double standard.

Creep of the Week: AIG Bonus Grantor Edward M. Liddy

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness.

AIG v. Detroit - Renegotiating Contracts

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'

Detroit Gets 10% of What AIG Already Has Received from TARP

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Why does Detroit get only 10% of what the banks and Wall Street have been loaned?

Unions Aren't To Blame For Automakers' Woes

Mike Papantonio | Posted 05.25.2011 | Business
Mike Papantonio

If the centralized, organized mouthpiece for labor is destroyed, then so is the only advocacy vehicle available to the nonunion worker.

Ford, UAW Strike Tentative Deal

AP | KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

DETROIT — The United Auto Workers and Ford Motor Co. said Monday they agreed to let the automaker change how it pays for a health care trust fun...

GOP Blames Unions for Detroit's Ills

Mike Papantonio | Posted 05.25.2011 | Business
Mike Papantonio

The failures of the "Big 3" had nothing to do with union workers, as the GOP has been saying. It had to do with the fact that these industries didn't adapt to the times

Save the Jeep; Save the Nation

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.

New Report Reveals Why GOP Hates Unions: They Raise Wages, Boost Economy

Art Levine | Posted 05.25.2011 | Politics
Art Levine

Big businesses and the GOP have taken a short-term, greedy look at their economic self-interest and determined they must fight the Employee Free Choice Act with all the weapons at their disposal.

GM, Chrysler Want Billions More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?

GM, UAW Talks Breakoff And Chrysler Talks Stall

Reuters | Kevin Krolicki and Poornima Gupta | Posted 05.25.2011 | Business

Talks between the United Auto Workers and General Motors Corp central to a turnaround plan for the struggling automaker have broken down over the issu...

Stimulus: Republicans Screw Car Makers and Buyers

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The bill passed by Congress yesterday throws a one-two punch at our auto industry and consumers.