Mitt Romney is by far the biggest liar that I can remember in Presidential politics. This latest though is just a step too far: Despite his 2008 call to “let Detroit go bankrupt,” presumptive Republican presidential nominee Mitt Romney said Monday that he would “take a lot of credit” for his impact on the U.S. […]
Bloomberg has an article quoting a bunch of different senators and their opposition to the closing of Chrysler and GM dealers. While there is justification to this concern, there is also a need to ask why there are so many dealerships. Let me explain this. Here in Cincinnati it used to be you had certain […]
That’s what Coulter thinks: If Obama can tell GM and Chrysler that their participation in NASCAR is an “unnecessary expenditure,” isn’t having public schools force students to follow Muslim rituals, recite Islamic prayers and plan “jihads” also an “unnecessary expenditure”? Are all those school condom purchases considered “necessary expenditures”? Coulter was going by the big […]
Looks like the well is dry for GM and Chrysler: The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants. The Obama administration, however, has […]
Ford’s CEO agrees to a paycut: Ford Motor became the first of the three U.S. automakers to unveil its turnaround plans to Congress Tuesday, but the plan contained little in the way of new cost cuts or other changes beyond what the company had previously announced. The company announced that the salary of Ford CEO […]
If you missed Morning Joe, Mort Zuckerman was on and had a very grim outlook for our financial future. The Freddie and Fannie bailout, while necessary, will cost tax payers millions. Detroit is worse off. He is predicting GM and some other manufacturers like Chrysler to merge, and maybe a foreign automaker to buy out […]