Auto Bailout Update: Drove My Chevy to the Levee…
The news of another auto bailout was met with a whimper last week. Surely, the little noticed request for an additional $22 billion was partly overlooked because $22 billion just doesn’t seem like a...
View ArticleMore on Chrysler and Offers You Can’t Refuse
Did the White House threaten a Chrysler creditor who refused to sign on to the rescue plan brokered by the government? That’s the charge levelled on Friday by a lawyer for the holdout creditors. In an...
View ArticleAuto Bailout Success? For Union Workers, Maybe
President Obama’s auto bailout is being touted as a great success of his Administration. Speaking in Detroit at a Labor Day rally, Vice President Joe Biden used it to explain how Americans were better...
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Why DOE Is Wasting $45 Million of Your Money
DOE Secretary Ernest J. Moniz (Rick Friedman/Polaris/Newscom) Last week we wrote about the Department of Energy (DOE) wastefully spending $45 million in taxpayer dollars on advanced transportation...
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