Richard Shelby

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$14 billion auto bailout dies in Senate

AP | JULIE HIRSCHFELD DAVIS and KEN THOMAS | Posted 01.11.2009 | Business

Read More: Layoffs, Fiancial Crisis, Automakers, Chrysler, Automaker Bailout, Gm, Economy, Ford, Cars, Congress, Richard Shelby, Job Cuts, Business News

WASHINGTON — A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to...

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Auto bill clears House; Should it pass the Senate, too?

Steve Parker | Posted 01.10.2009 | Business

Read More: Aclu, White House, Congress, 1979 Chrysler Bailout, Brooklyn, George W. Bush, Honda, Mercedes-Benz, Cars, Mazda, Mark Fields, Cerberus Capital Management, Energy Department, General Motors, Buddhist, Hyundai, Nancy Pelosi, Washington, US Senate, Richard Shelby, Barney Dog, Silver Arrows, Uaw, California, Toyota, Bernard Cahier, Detroit Three, John Snow, Democrats, Barack Obama, Ford Motor Co, Robert F. Kennedy, Chrysler, Alabama, Ross Perot, Bush White House, Detroit Three Loans, Roger Penske, Car Czar, Harry Reid, Allard Lowenstein, French Grand Prix, Republicans, Detroit Auto Show, Business News

And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...

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Big Three Automakers to Give Every American a Free Car

Billy Kimball | Posted 01.10.2009 | Politics

Read More: Big Three, Chrysler, Auto Bailout, General Motors, Rick Wagoner, Ford, Christopher Dodd, Free Car, Richard Shelby, Detroit Bailout Reaction, Detroit Bailout, Politics News

The plan, dubbed the "Unprecedented Winter Sales Event" in internal company documents, was reportedly the brainchild of a marketing team at Chrysler, the most beleaguered of the Big Three.

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Boycott Alabama: Joe Babiasz, Big Three Sympathizer Angry At Sen. Shelby, Starts Site

WWJ Newsradio 950 | Posted 01.10.2009 | Business

Read More: Automakers, Automaker Bailout, Boycott Alabama, Joe Babiasz, Boycotts, Protests, Alabama Boycott, Richard Shelby, BoycottAlabama.Com, Boycott Alabama .Com, Boycottalabama, www.boycottalabamanow.com, Boycott State of Alabama, www.boycottalabama.com, Business News

Joe Babiasz says he's sick of the 'circus of the Senate hearings'--and he wants 49 states and the District of Columbia to boycott the state of Alabama...

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Just in: Dems, White House Agree on Detroit Three Bailout

Steve Parker | Posted 12.10.2008 | Business

Read More: White House, Bankruptcy, Mitch McConnell, Cerberus Capital Management, Chrysler, Gm, Detroit Three Loans, Detroit Three, George W. Bush, Cars, Car Czar, Richard Shelby, Ford, Barack Obama, Business News

Almost shockingly, I agree with Alabama Sen. Shelby for his warning that this $15 billion is just the "down payment" on the amounts of cash Detroit really needs, and they may all fail, anyway.

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80% Of Consumers Won't Buy A Car From A Company That Files Bankruptcy

Jane Hamsher | Posted 01.05.2009 | Politics

Read More: Msnbc, Detroit Automakers, Ron Glantz, Richard Shelby, Chrystia Freeman, GM Bankruptcy, Economy, Automaker Bailout, Big Three Automakers, Bankruptcy, Detroit Three, Automakers, Detroit, Detroit Bailout Reaction, Auto Industry, Detroit Bailout, Politics News

Nobody on cable news seems to think that consumers will have any problem buying cars from a company that has filed for bankruptcy.

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Unions Aren't To Blame For Automakers' Woes

Mike Papantonio | Posted 03.26.2009 | Business

Read More: Automotive Industry, Air America Radio, Mike Papantonio, Union, Recession, Detriot, Uaw, Organized Labor, Bailout, Ring of Fire, Union Busting, Economy, United Auto Workers, Detroit Bailout, Automakers, Walmart Unions, Economic Policy Institute, Gm, Automaker Bailout, Richard Shelby, The Big 3, Epi, Big Three Automakers, Jim Demint, Detroit Three, Ford, Afl-Cio, Cars, Detroit Automakers, Detroit Bailout Reaction, Chysler, Auto Industry, Bailout Outrage, Business News

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

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Santa Claus Asks Congress For Bailout

Eric Williams | Posted 01.01.2009 | Business

Read More: John McCain, Wall Street Bailout, Economy, Sarah Palin, Christmas, Santa Claus, Richard Shelby, Henry Waxman, Economic Stimulus Package, Political Humor, Christmas Humor, Company Stimulus, Business News

Mr. Claus, age unknown, offered no specifics about how he would use the government funds, asking only that the Congressmen simply "believe in" him.

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Detroit's Day of Reckoning (with Thanks to David Halberstam)

Steve Parker | Posted 12.20.2008 | Business

Read More: Chapter 11, Peter Morici, Chrysler, United Auto Workers, Rick Wagoner, David Halberstam, Cars, Chris Dodd, Ford, Robert Lutz, Nissan, Robert Nardelli, US Senate, Detroit, Richard Shelby, President Bush, Masters of the Universe, Northwest Airlines, Uaw, Bankruptcy, Gm, Alan Mulally, Pebble Beach, Detroit Three, Washington DC, Democrats, Barack Obama, Tokyo Motor Show, Ron Gettelfinger, Code Pink, Harry Reid, Republicans, Dearborn, Business News

This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.

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Journalist to GOP: You're 100 Percent Wrong About U.S. Automakers

Diane Tucker | Posted 12.19.2008 | Business

Read More: Chapter 11, George Bush, Harley-Davidson, Toyota, Alan Mulally, Rick Wagoner, Honda, Diane Tucker, Recession, Barack Obama, Ford Motor Co, Detroit Automakers, Chevrolet Volt, Bailout, General Motors, Economic Recession, Recession Fears, Tariffs, Financial Crisis, Peter De Lorenzo, Richard Shelby, Auto Industry, John McCain, GM Bankruptcy, Fuel Efficiency, Green Cars, Foreign Car Industry, Foreign Cars, Fuel Efficient Cars, Imported Cars, Gm Chapter 11, Congressional Bailout, Business News

"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."

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

Mitchell Bard | Posted 12.18.2008 | Politics

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.

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Obama's Herculean Challenge

Rob Kall | Posted 12.17.2008 | Politics

Obama will fail if he tries anything "inside the box." The only way he's going to pull us out of this multifaceted manure pile is by being open to big bold ideas and then taking Herculean steps.

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McCain Wants to Be President: Those Who Know Him Best Express Alarm

Win McCormack | Posted 11.17.2008 | Politics

Not for nothing did McCain carry the moniker "McNasty" during his prep school years. McCain's struggle with a volcanic and unstable temper has apparently been life-long.

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Chicago Economists Lead Bailout Opposition

ABC 7 | Ben Bradley | Posted 10.27.2008 | Chicago

Read More: Bailout Opposition, John Cochrane, Bailout, Economists, Ben Bernanke, Richard Shelby, Paola Sapienza, Chicago News

Some Chicago economists are leading an opposition movement to get lawmakers to consider other options. Two economists lead the opposition movement, o...

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