Category Archives: automakers

Bailout-of-the-Day

Today’s bailout is of the auto parts industry. $5 billion. I’m wondering if that is for bonuses or what? They are “critical” to the auto industry, which is “critical” to the nation, or so the theory goes. I’m just wondering … Continue reading

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Bush: I was against the Bailout…before I was for it!

Got to love El Presidente. “First I was for the bailout, but now that I think about it, I’m dumping my free market principles (yet again) and bailing out the auto companies without congressional approval, because I am the King … Continue reading

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Automaker Bailout Bill Goes Splat!

For the moment, the bailout bill is assigned to the dustbin of history, but only for the moment. I predict one of two things will happen. The stock market will tank, and the senators who opposed the bailout will quickly … Continue reading

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Automaker Bailout and Uncovering TARP

This is an interesting argument about why the government should not bailout the automakers. The most fascinating part, however, was a summation of the $700 billion bailout and what a disaster that has been. I append his bullet point summation: … Continue reading

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