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Big Three Automakers

"We the People" to "King of the World": "You're Fired!"

Michael Moore | Posted 05.25.2011 | Politics
Michael Moore

I write this letter to you in memory of the hundreds of thousands of workers over the past 25+ years who have been tossed into the trash heap by General Motors. Many saw their lives ruined for good.

The Lesson of GM

Carl Pope | Posted 05.25.2011 | Green
Carl Pope

What happened to GM is the poster child for what really created the economic crisis -- short time horizons.

Ditch the Automobile Altogether

Joe Lauria | Posted 05.25.2011 | Business
Joe Lauria

Why not take those millions of dollars that create sophisticated commercial propaganda all day on television to induce us to buy a car and put it to work reducing greenhouse gases instead?

Nationalizing Chrysler

Larry Abrams | Posted 05.25.2011 | Business
Larry Abrams

The "creative destruction" argument conveniently forgets that it wasn't the "free market" that created the American Way of life, but a working class that was paid well enough to consume.

Healthcare: Its Still the Economy Stupid!

Dr. Peter Klatsky | Posted 05.25.2011 | Politics
Dr. Peter Klatsky

The economic and healthcare crises exist together and must be addressed as one.

Consumer Reports: GM, Chrysler Least Reliable Cars, Ford Fares Better

usatoday.com | Chris Woodyard | Posted 05.25.2011 | Business

Chrysler and General Motors (GM) took the bottom two spots, respectively, in Consumer Reports magazine's new automaker for reliability, even as the pa...

Detroit Bailout Support Wanes, Reversal From December

USA Today | Posted 05.25.2011 | Business

Just one-fourth of Americans think the government should continue lending money to Detroit automakers, according to a new USA TODAY/Gallup Poll, even ...

Drinking Good for Depression? The Possible Repeal of Religious Repression

Warren Holstein | Posted 05.25.2011 | Comedy
Warren Holstein

Following in the footsteps of Franklin Roosevelt, many states are now advocating an end to what many boozers and businessmen alike deem antiquated puritanical pap. The Christian Right is not amused.

Nationalizing Banks, AIG, Carmakers: The News And What It Means

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

UPDATE: A new USA Today/Gallup poll finds that a majority of Americans (54%) favor a temporary government "takeover" of major U.S. banks, but a much l...

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.

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.

We're in a "Repression": The Economics of Shame

James Rotondi | Posted 05.25.2011 | Business
James Rotondi

Perhaps we're better off thinking of our current state of economic ennui not as a recession or a depression, but as a "repression."

Automakers, Fearing for Their Lives, Are Going Green Fast

Hank Green | Posted 05.25.2011 | Green
Hank Green

The more Ford, GM and Chrysler talk about their electric vehicles, the more they appear to be actually innovating, instead of stagnating.

Perfect Storm for Innovation Gathers in Washington

Neil Young | Posted 05.25.2011 | Green
Neil Young

Innovators should swarm like locusts on Washington in January, February and March to show the Car Czar how to make fuel-efficient cars.

Procrastination Doesn't Fix It

Joan Blades | Posted 05.25.2011 | Business
Joan Blades

Why not convert one third of the automakers' industrial capacity to building state-of-the-art wind generation? We need to be strategic in solving our economic and energy woes.

Algergone

Bob Franken | Posted 05.25.2011 | Politics
Bob Franken

If only Horatio Alger had been around today instead of the 19th century, so he could write new stories about how hard work is all it takes to make your fortune. He would have so much material.

Bailout or Not, Nothing Will Be the Same for Drivers or Detroit

Trevor Traina | Posted 05.25.2011 | Business
Trevor Traina

Vehicle manufacturers must re-engage their owners and offer them innovative services. What if GM included ads in exchange for lower pricing? What if they developed an in-dash system with Google or Apple?

White House Still "Gathering Information" While Detroit Suppliers go Bankrupt

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Even Bush doesn't want to go down in history as the man who oversaw the destruction of GM, Ford and Chrysler (I hope), and I'd guess Obama wishes he could install his own new team now and fire Paulson.

Is the GOP Risking the Economy to Win the PR War Against Unions?

Art Levine | Posted 05.25.2011 | Politics
Art Levine

With three million jobs at stake, potentially costing taxpayers $150 billion, unions remain the primary targets of the GOP blame game for the troubled auto industry and the failed bailout deal.

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

Disgrasian | Posted 05.25.2011 | Business
Disgrasian

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.

The Mistake in Bailouts

Lawrence Lessig | Posted 05.25.2011 | Politics
Lawrence Lessig

Perhaps the shock to banking would be too great just now. I'm willing to be persuaded that intervention is necessary there. But the more I read about the auto industry, the less I am convinced.

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.

Modern Joads

Jeff Danziger | Posted 05.25.2011 | Business
Jeff Danziger

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If G.M. Was a Canadian Company It Wouldn't Be Asking for Help

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

If we paid the same amount for health care as Canada, G.M. would have accumulated an additional $22 billion in profits over the last decade.

Bottom-up Blindness; The Reason to Fire Detroit Execs

Rob Kall | Posted 05.25.2011 | Business
Rob Kall

The Big Three management is stuck with a petrified top-down mentality that's unable to provide the vision and leadership necessary for American auto manufacturing to succeed.