Swords into Plowshares
I find it funny that people like Michael Moore are telling us that the auto industry should be converted to making mass transit/light railroad cars, tracks, and more green cars. Does he know what’s...
View ArticleStopgap $15 billion dollar Auto Bailout now being drafted
Well we expected them to do something and here it is. A stopgap measure designed to put the American Big Three auto industry on life support through the early part of next year.With time short,...
View ArticleThoughts on the Auto Industry Bailout
Like most people, I have conflicting thoughts on the prospect of a bailout for the hapless American auto companies. At one level, the chickens have finally come home to roost after decades of almost...
View ArticleBig Three or Nothing
There has been a hot debate over whether or not the government should bail out the big three. What is the other option? How would losing three million relatively well paying jobs help anyone? What...
View ArticleHere Is The Draft Bailout Bill
The draft Auto Bailout Bill is out and unless you are opposed to the entire concept, the bill is pretty good.The program is overseen by one Presidential designee, with no Senate confirmation, who...
View ArticleThe Art Of The Compromise
Check out these excerpts from an article on the proposed bailout for the auto industry...and then shoot me.Democrats bent to the will of the president on several key demands, most notably in agreeing...
View ArticleWeekly Audit: Chicago workers strike back, jobs strike out, Obama strikes new...
by Zach Carter, Media Consortium MediaWire bloggerPresident-elect Barack Obama rolled out his highly anticipated priorities for an economic recovery package this weekend, but the current Congress...
View ArticleLegacy Profits Outweigh Legacy Costs
By Gregg Shotwell, UAW Local 1753 (Retired)After the first bailout was voted down, President Bush warned that if we didn’t hand over $700 billion the House of Cards would fall and all the King’s...
View ArticleAuto Bailout Deal Reached?
Is a deal at hand on a bailout for the auto industry? Maybe:The White House and congressional Democrats yesterday reached an "agreement in concept" on a plan that would throw a government lifeline to...
View ArticleCongress wastes another $15 billion.
Each day I find my self closer to throwing a bandanna over my mouth and nose and looking for someone using tear gas. Once again I have been lied to in order to quell my objection. My party has...
View ArticleHouse Approves $14 Billion Bailout
And now, it's on to the Senate: A $14 billion rescue package for the nation's imperiled auto industry sped to approval in the House Wednesday night, but the emergency bailout was still in jeopardy from...
View ArticleAre southern GOP Senators playing loose with NASCAR's future? (w/poll)
Lets see... after southern Republican Senators (Shelby (AL), Sessions (AL), McConnell (KY), Corker (TN), DeMint (SC)) along with other sections of the U.S. (Ensign (NV)) have shown that they are...
View ArticleStop Stalling: Time to Hit the Reset Button on Detroit
Cross-posted from the Breakthrough InstituteLast night, the US House of Representatives approved 14 billion in emergency loans to keep GM and Chrysler on life support into the new year. Senate...
View ArticleThe big3 & the Baby Bell idea
Some have suggested that in ordered to save the domestic automakers, we need to effectively dismember them – spin off brands into smaller, leaner companies. The punditry class isn’t wrong when they...
View ArticleCNNMoney: White House may tap TARP funds for auto industry
Rescue still possible?Bank bailout funds could be used for DetroitSources: White House warning GOP senators Wall Street bailout funds might be used for automakers now that auto loan package has...
View ArticleThe GOP Must Be Destroyed.
"You've done enough. Have you no sense of decency, sir, at long last? Have you left no sense of decency?"-- Joseph Welch to Sen. Joseph McCarthy, 1954I once was a strong believer in the importance of a...
View ArticleConservatives Push Romney as Fox-in Henhouse Car Czar
As the American auto industry teeters on the edge of total collapse thanks to the union-busting efforts of Senate Republicans, others on the right have adopted a different strategy for punishing the...
View ArticleRepublican Destruction of this Country, and What We Can Do
I have fucking had enough. I continue to read of more and more families sliding into poverty and bankruptcy because of the damage the Republicans have foisted on our country. Not a day goes by without...
View ArticleYou support the auto bailout, but do you buy the autos? (Poll)
Alright, I'll come right out and say it: I'm fairly ignorant when it comes to the whole auto bailout issue. I'm not very familiar with all the arguments about employment and the U.S. economy. But I do...
View ArticleExecutive/Employee Wage Disparity
Real wages have been decreasing for 30 years. Savings are gone. Credit is gone. And yet corporate executives are doing well for themselves. Is there a solution to this?Read below the fold to find out!
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