Stop the Bail Outs Now
Tags: EDITORIALS; BAILOUTS (Finance); RECESSIONS; LABOR; AUTOMOBILE industry
Related Articles
- Stop the Bail Outs Now. Garten, Jeffrey E. // Newsweek (Pacific Edition);11/10/2008, Vol. 152 Issue 19, p19
The author of the article suggests that the bailouts being given to the U.S. automobile industry and the banking industry may harm the U.S. economy. Using the example of the automobile industry, the author shows how bailouts may hurry the demise of the U.S. automobile business which is not...
- GR region the model -- especially through recession. // Grand Rapids Business Journal;12/8/2008, Vol. 26 Issue 50, p10
The author looks at the retooling strategy of the Grand Rapids region in Michigan amid the recession in the U.S. He notes the efforts of Congress to prove the necessity of a bailout package for large automobile manufacturers in the U.S. The significance of the foothold of Grand Rapids on the...
- More like Toyota, Honda? Careful what you wish for. Lapham, Edward // Automotive News;11/24/2008, Vol. 83 Issue 6335, p30
The article presents the author's comments about the bailout of automobile industry in the U.S. The author says that now that the Detroit 3 have narrowed the gaps in productivity, quality and labor costs, the transplants have one advantage which is that their headquarters, engineering staffs and...
- Us vs. Them. Kelly, Kevin M. // Automotive Design & Production;Nov/Dec2009, Vol. 121 Issue 9, p40
The author expresses his views on the need for the government to provide bailouts to the automotive industry in Detroit, Michigan in 2009. He emphasized that the government committed to save the auto industry to prevent the ripple effect on other industries. The author stressed that Americans...
- New Labor Contracts Before Any Auto Bailouts. Thomas, Cal // Human Events;11/17/2008, Vol. 64 Issue 40, p1
The author proposes the creation of new labor contracts before the U.S. Democrats create any bailouts for the automobile industry. He blames the high health care and pension benefit demands of the United Auto Workers Union (UAW) for the huge labor costs of General Motors (GM) adding $1,600 to...
- Not This Time. Sawyer, Christopher A. // Automotive Design & Production;Oct2008, Vol. 120 Issue 10, p64
The author opposes the proposal to provide as much as $50 billion in taxpayer-supported loan guarantees to automobile manufacturers in the U.S. He argues that automakers in Detroit, Michigan are not the best credit risk at the moment as profits are non-existent. He expresses his belief that loan...
- Striking a balance. Gerlat, Allan // Waste News;11/24/2008, Vol. 14 Issue 15, p8
The article presents the author's views on the issue of bailing out the automakers of Detroit, Michigan. He opines that environmental issues play a significant role in the matter. The author feels that it is critical for the automakers to survive atleast for some time. He also feels that there...
- Panic in Detroit. Cohn, Jonathan // New Republic;12/3/2008, Vol. 239 Issue 10, p16
The article discusses the bailout proposal being planned for the U.S. automobile industry and considers the economic ramification for the U.S. if the automobile companies declare bankruptcy. The author concedes claims made by the faction that supports bankruptcy, and admits that the automobile...
- Viewpoint. Campbell, John // Orange County Business Journal;1/19/2009, Vol. 32 Issue 3, p51
The author comments on the bailout for the automobile industry in the U.S. by presenting seven myths about the industry. He compares American automobile manufactures with their Japanese counterparts. Furthermore, he notes that major car manufacturers have made management missteps which may have...
