Category: Auto Industry
By Larry Doyle on Jan 14, 2012 in Auto Industry, Chicago, Economy | View Comments
* Bumped Up * While driving my truck and listening to Bloomberg Radio, I almost gagged on my coffee. What caused my knee jerk reaction? Let me set the table as to what I heard, prompted my thinking, “You have got to be kidding me,” and why I feel compelled to write this commentary today. [...]
By Rabble Rouser Reverend Amy on Jun 23, 2011 in Bailouts, Corruption, Current Affairs, General Motors & Chrysler, Labor, Obama's Priorities, President Barack Obama, South Carolina, Unions, Washington state, Workers | View Comments
As some of you know, here in South Carolina, we have been under siege by the NLRB, which is attacking Boeing for moving its DreamLiner series to North Charleston. Since we already had the DreamLifter here, it wasn’t exactly an “out of the clear blue sky” kind of move. That hasn’t had an impact on [...]
By Anita Finlay ("Ani") on Apr 29, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Campaign promises, Credit Card Companies, DNC, Deficit, Democrats, Depression, Earmarks, Economic Stimulus, General Motors & Chrysler, National Debt, Obama Administration, Obama's Broken Promises, Obama-Barack & President Barack, Obamatopia, TARP, Toxic Assets, Wall Street | View Comments
President Obama made a visit to Ottumwa, Iowa Wednesday. As reported by Jake Tapper on ABC’s Political Punch: “We’re going to have to make some tough choices” about the deficit and national debt, President Obama said to a crowded gymnasium full of supporters at Indian Hills Community College, after a lengthy riff on how the [...]
By Linda Anselmi on Apr 25, 2010 in Auto Industry, Economy, TARP | View Comments
If you want to make millions the easy way, this would seem the way to go: ___ But if you want to make billions the easy way, I suggest you use GM’s easy payback magic:
By Larry Doyle on Mar 12, 2010 in Auto Industry, Current Affairs, Economy | View Comments
Does crime pay on Wall Street? When those implicated in ‘pay to play’ schemes on Wall Street are not dealt with in truly appropriate fashion, everybody loses. Why? We end up with a loss of confidence not only in the markets, but even moreso a loss of confidence in our judicial system. I am not [...]
By Rabble Rouser Reverend Amy on Mar 9, 2010 in Bank Nationalization, Current Affairs, Democrats, General Motors & Chrysler, Health Care, President Barack Obama, Unions | View Comments
Or so it seems since Obama, despite all of the Town Halls, all of the polls (here’s one), the Tea Party protests, all of it, is going on with his huge push for his Healthcare bill, and it is most definitely his. Even in the face of mounting opposition within his own party, and even [...]
By Larry Doyle on Feb 13, 2010 in American Consumers, Auto Industry, Current Affairs, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | View Comments
When regulators are in bed with industry, bad things happen. When regulators actually go to work for the industry, then really bad things happen. Evidence of this dynamic on Wall Street is overwhelming. Yet, don’t think Wall Street has a monopoly on this incest. Bloomberg highlights incestuous activity has also played out in the disaster [...]
By Linda Anselmi on Nov 24, 2009 in Auto Industry, Economic Stimulus, Economy | View Comments
(Bumped up from Saturday and with revised GDP update) Trashing a vehicle is pretty easy to do. Of course, if your goal was to to have fun and still be able to drive home at the end of the day, then breaking an axle can only be counted as a very costly mistake. The kind [...]
By Larry Doyle on Oct 28, 2009 in Auto Industry, Bailouts, Economy, Sense on Cents (Larry Doyle blog) | View Comments
Turning the corner? No more bailouts? You didn’t actually believe the wizards in Washington, did you? Why? GMAC is back in line for another injection of YOUR money. Recall that GMAC was bailed out initially during the government takeover of GM. GMAC was then spun off in order for Uncle Sam to effectively provide taxpayer [...]
By Rabble Rouser Reverend Amy on Sep 13, 2009 in Bailouts, Bill Clinton, Bloggers, Citizenship, Congress (House & Senate), Current Affairs, Deficit, Democrats, Freedom of Speech, General Motors & Chrysler, George Bush, Health Care, MSNBC, Media Bias, Media Handling of Story, NBC/MSNBC, National Debt, New York Times, Obama Administration, President Barack Obama, Stimulus Plan, Washington Post | View Comments
Yes, more numbers to report to you you today. “Tens of Thousands” is the phrase the Washington Post and The New York Times used to describe the numbers of people marching on Washington yesterday, voicing their concerns over the rampant spending by Congress. “Tens of thousands” has apparently become a euphemism for 1.2 – 2 [...]
By Rabble Rouser Reverend Amy on Sep 8, 2009 in Arrogance, Auto Industry, Congress (House & Senate), Crime, Current Affairs, Economy, General Motors & Chrysler, President Barack Obama, Republicans | View Comments
It’s not just Republicans who are upset about Charlie Rangel’s rampant hypocrisy, as I reported recently (“Oh, Charlie“), but any American who works hard, pays his/her taxes, and follows the rules. Oh, and obeys the tax laws even though they haven’t WRITTEN any of them. Rangel cannot say the same, and pressure continues to increase [...]
By Rabble Rouser Reverend Amy on Aug 21, 2009 in Auto Industry, Bailouts, Congress (House & Senate), Current Affairs, Democrats, Governance, Harry Reid, Health Care, US Senate | View Comments
Oh, dear. This not very good advertising for the way the Feds run programs. It seems that while the so-called “Cash for Clunkers” program is a HUGE success, the automobile dealers are not getting reimbursed for all of the money they have shelled out. At least one, MAJOR, state has had it, as this headline [...]
By Rabble Rouser Reverend Amy on Aug 5, 2009 in Arlen Specter, Armed Services Committee, Auto Industry, Congress (House & Senate), Current Affairs, Democrats, Health Care, Soldiers/Veterans, Stimulus Plan, U.S. Constitution | View Comments
(bumped up from yesterday early afternoon) I just happened to catch this Tuesday morning, and thought it raised some interesting questions on the issue of health care reform: So, why isn’t this man helping to shape policy? He sounds pretty smart to me.
By Rabble Rouser Reverend Amy on Aug 1, 2009 in Auto Industry, Bailouts, Current Affairs, Stimulus Plan | View Comments
This is just shocking. I’m not kidding – this is really frightening. And it is important information as a follow-up to my post about the “Cash for Clunkers” program (major H/T to NQ reader, Politicalidentitycrisis for this link). You are absolutely NOT going to believe this. Don’t be put off by this being Glenn Beck [...]
By Rabble Rouser Reverend Amy on Jul 31, 2009 in American Consumers, Auto Industry, Bailouts, Congress (House & Senate), Current Affairs, Democrats, Stimulus Plan | View Comments
People are understandably wary about the government handling our health insurance. That would be the CLUNKER program. I trust you have heard about this? If not, here is a short review: Okay. I can see some wisdom in that. It is great to get these old gas guzzlers off the road, recycle the vehicles, have [...]