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    Ford’s UAW Contract

    December 15, 2008 at 3:36 pm

    14 Comments

    Surely, some concessions can be made, right?

    Morning Bell: Bankruptcy Is Best Way to Save Auto Industry

    December 11, 2008 at 9:20 am

    31 Comments

    Last night while marshaling votes for the House’s eventual 237-to-170 vote in favor of nationalizing Detroit, House Majority Leader Steny Hoyer (D-MD) told the Wall Street Journal: “If we do nothing we face the risk that sometime soon there will be no American auto industry.” Hoyer has it exactly backward. … More

    The Big Three’s Plans for Change

    December 3, 2008 at 5:30 pm

    12 Comments

    A few weeks ago, CEOs from Detroit’s Big Three flew to Washington in their private planes asking for $25 billion. They were ridiculed for flying private jets and Congress sent them home, demanding they needed a comprehensive plan to even consider loaning this kind of money to the automakers. They … More

    Corporations of the World Unite!

    December 3, 2008 at 10:55 am

    5 Comments

    So the Big Three automakers returned to Washington yesterday, this time with slightly more specific plans on how they plan to spend taxpayer money to fix their faltering businesses. But it turns out that not all three of the automakers are really even asking for cash right now: While GM … More

    Saving Detroit

    December 2, 2008 at 4:32 pm

    11 Comments

    June 4, 2008, must seem like light years ago for Detroit. On that Wednesday night, the Detroit Red Wings hoisted Lord Stanley’s Cup in Hockeytown, U.S.A. Since then, it’s been nothing but the doldrums. The Detroit Lions have managed to lose every single football game in the 2008 season and … More

    Video: Bankruptcy, Not a Bailout, Is a Better Option for Automakers

    November 18, 2008 at 10:57 am

    7 Comments

    Heritage Senior Research Fellow James Gattuso explains what happens when bankruptcy is declared and why it is a better option for Detroit Automakers [youtube]http://www.youtube.com/watch?v=6wKGODqsZ2o[/youtube]

    The Auto Bailout & The Bankruptcy Myth

    November 17, 2008 at 8:21 am

    10 Comments

    When I think of bankruptcy I think of this. That’s right, the Monopoly Guy. Pockets empty. Shoulders shrugged. Game over. All the jobs will be wiped off the face of this earth and bulldozers will tear down the buildings. I’m guessing a lot of people think this way when they … More

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    The Morning Bell
    A Bumper Crop of Food Stamps

    Tweet this Where do food stamps come from? They come from taxpayers—certainly not from family farms. Yet the “farm” bill, a recurring subsidy-fest in Congress, is actually 80 percent food stamps and other government nutrition programs. The food stamps sweeten the farm deal for lawmakers, who admit that the combination … More

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