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Showing posts with label auto industry. Show all posts
Showing posts with label auto industry. Show all posts

Friday, December 12, 2008

AC360- Auto Bailout Dies in the Senate






It's nice to see "family values" Republicans playing God with people's lives who depend on these auto industry jobs.
The domino effect from this industry failing could be devastating.
3 million plus jobs lost, many suppliers would also fold and many small towns that depend on these various factories would simply die and wither away.

I think this hit would be the final nail in the coffin for the Republicans as a whole.
They would never recover from the negative attention this would garner.


Friday, November 21, 2008

The Daily Show: Clusterfuck To The Poor House -- Dude, Where's My Car Industry?






Auto industry CEOs fly their private jets to ask Congress for $25 billion.




Thursday, November 20, 2008

Democrats Postpone Auto Industry Bailout






Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big 3 develop a plan assuring the money would make them economically viable.




Stocks Tumble As Hopes Fade For Quick Bailout






Stocks tumbled almost 445 points in the final minutes of trading to levels not seen since 2002 as hopes fade that lawmakers will soon put together an aid package for the U.S. Automakers.




The Young Turks: GM And Ford Ask For Help While Their CEO's Fly In Private Jets






Just a tad bit classy of them to show up in Washington, asking for a handout while flying in their private jets. Wouldn't you agree?