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    Sen. Alexander (R-TN) Wants to Give Govt’s GM, Chrysler Shares Back to Taxpayers

    June 10, 2009 at 3:53 pm

    10 Comments

    On a blogger conference call this morning, Senator Lamar Alexander (R-TN) discussed a bill he introduced last week that would distribute the Federal government’s recently acquired GM and Chrysler stock to taxpaying Americans. “Instead of the Treasury owning 60 percent of shares in the new GM and 8 percent of … More

    Video: South Park Episode Not A Good Exit Strategy For GM

    May 29, 2009 at 4:20 pm

    6 Comments

    On Tuesday, the Wall Street Journal’s Bret Stephens noticed that President Obama’s policy initiatives resemble a 1998 South Park episode in which grand plans are formulated with a beginning and a successful ending, yet without the requisite how-to in the middle. When it comes to the handling of GM, we couldn’t … More

    You’re Fired! Obama Fires GM’s CEO

    March 30, 2009 at 2:11 pm

    44 Comments

    Last night, the CEO of General Motors, Rick Wagoner, was fired by the President of the United States. Perhaps not “fired” in the strict legal sense – if legalities matter anymore – but certainly fired for all effective purposes. In a statement by Wagoner released last night, the now-former CEO … More

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    The Morning Bell
    Morning Bell: What Did Apple Do Wrong?

    Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But … More

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