The Gray Lady Bitchslaps Auto Workers
The Big Three claim their industry is tanking not because of their refusal to change their gas-guzzling car designs, but because evil workers are demanding their contractually promised benefits.
The Big Three claim their industry is tanking not because of their refusal to change their gas-guzzling car designs, but because evil workers are demanding their contractually promised benefits.
Huffington Post | Katharine Zaleski | Posted 01.04.2009 | Business
Updated 10am EST Friday, December 5: The Big Three are back on Capitol Hill today. This time their talking to Congress about getting a multi-billion...
CNBC | Posted 01.03.2009 | Business
CNBC's "Power Lunch" created a funny animation of the Big Three CEOs -- Alan Mulally of Ford, Rick Wagoner of GM and Robert Nardelli of Chrysler -- dr...
John R. Price | Posted 01.03.2009 | Business
It makes more sense for Congress to tell ExxonMobil, ARCO, Chevron, ConocoPhillips and their fellow travelers that they should lend the automobile industry $25 billion
Terry Curtis Fox | Posted 01.02.2009 | Business
The CEOs need to be replaced by ambitious executives with a commitment to public service. There's an excellent model for recruiting such professionals. It's called the U.S. Attorney's Office.
New York Times | BILL VLASIC | Posted 12.31.2008 | Business
DETROIT - The Detroit automakers have been lumped together for decades as the Big Three, and for good reason; their goals have usually been aligned. ...
Howard Schweber | Posted 12.30.2008 | Politics
We need a bailout of the auto industry to give the new contracts and the new automotive products a chance. And then we need to address the larger question about the auto industry, and about American industry in general.
Joel Shukovsky | Posted 12.26.2008 | Business
President-elect Obama risks making the first big mistake of his administration if he condones a $25 billion bailout with these corporate yahoos still at the wheel.
Brian Ross | Posted 12.26.2008 | Green
I would love to drive a Mini, or a Prius or a Smart Car, but I have a big family. Unless Ringling Bros. teaches me how to pile them all in and out of a four passenger car, it is not an option.
Media Matters | Eric Boehlert | Posted 12.26.2008 | Business
Appearing on NPR last week, Times senior business correspondent Micheline Maynard told listeners that the "hourly wage" of Detroit's union autoworkers...
Leo W. Gerard | Posted 12.26.2008 | Business
Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.
AP | JOSH FUNK | Posted 12.22.2008 | Business
OMAHA, Neb. — Billionaire investor Warren Buffett says U.S. automakers need a new business model to better compete, whether it takes bankruptcy ...
AP | Posted 12.22.2008 | Chicago
Sen. Dick Durbin is ripping into auto industry leaders, calling them out of touch with ordinary people. But he indicated there's still a chance for th...
Logan Nakyanzi Pollard | Posted 12.22.2008 | Business
From the fireworks in DC this week, you might think the auto crisis is out of your hands, but we're all complicit: government, CEOs, autoworkers, the public.
Brian Ross | Posted 12.22.2008 | Politics
Much of the economic crisis is also being engineered by our sweet neo-cons to create an untenable situation for the Dems coming into power.
Bloomberg | Posted 12.22.2008 | Business
President-Elect Barack Obama`s transition team is exploring a swift, prepackaged bankruptcy for automakers as a possible solution to the industry's fi...
AP | KEN THOMAS | Posted 12.22.2008 | Business
WASHINGTON — Democratic leaders ordered Detroit's Big Three automakers Friday to submit what amounts to a detailed loan application to Congress ...
Pam Atherton | Posted 12.21.2008 | Home
Frankly, I'm tired of all these big businesses putting their hands out and trying to scare us into giving them money by threatening us with an economic disaster.
Huffington Post | Posted 12.21.2008 | 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...
US News and World Report | Posted 12.21.2008 | Business
As the automakers careen toward bankruptcy, here are some of the myths complicating the debate over the future of the Detroit Three: They don't bui...
Toby Barlow | Posted 12.21.2008 | Business
Let's not be coy about the real agenda here. Republicans like Mitt Romney see this as an opportunity to wage war against the UAW.
Dave Winer | Posted 12.21.2008 | Business
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.
Paul Wagler | Posted 12.21.2008 | Business
Restoring economic growth alone will not restore our fortunes. In fact, too rapid growth -- in house construction, in stock prices and in energy consumption -- has caused the present problem.
Dan Treul | Posted 12.20.2008 | Business
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.
Nathan Gardels | Posted 12.20.2008 | Politics
I spoke with Laura D'Andrea Tyson, a top economic adviser on Obama's transition team who headed Clinton's Council of Economic Advisors, about the need for a "green stimulus."
Allison Kilkenny | Posted 01.04.2009 | Business