Category Archives: Big Three automakers

The Other Shoe

Share the post “The Other Shoe”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailThere’s a joke they have told in Baghdad for a thousand years. It never gets old to them. It’s the tale of a man who came home to his apartment drunk every night. He would … Continue reading

Posted in Big Three automakers, financial meltdown, george bush, shoe throwing | Leave a comment

Dear Senator Shelby

Share the post “Dear Senator Shelby”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailSenator, you’ve been all over cable news lately. I’ve spotted your sound bites delivered from behind your microphone at Detroit bailout hearings. You’ve been waxing rhapsodic about the foreign auto plants in Alabama, and lecturing … Continue reading

Posted in alabama, Big Three automakers, Detroit Bailout, Senator Shelby | 2 Comments

China May Buy GM if We Don’t

Share the post “China May Buy GM if We Don’t”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailYesterday I made the unthinkable suggestion that Congress should buy the Big Three automakers instead of bailing them out or letting them go into bankruptcy. Today, Emptywheel over at FiredogLake points … Continue reading

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Don’t Bail Out Detroit. Buy It

Share the post “Don’t Bail Out Detroit. Buy It”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailRegular readers know my penchant for counter-intuitive thinking. Contrast the prospect of a $25-50 billion bailout of the auto industry with the market capitalization of all three automakers put together: about seven … Continue reading

Posted in auto industry, Big Three automakers, Ford Chrysler, General Motors, socialism | Leave a comment