The New GM: Image vs. Reality
After a mere 40 days under bankruptcy protection, a “new GM” has emerged amid promises from CEO Fritz Henderson to operate more profitably...
Economy
The New Public-Private (Mostly Public) GM
Weeks before it was supposed to happen, a bankruptcy judge has approved the restructuring...
Driving Us to Destruction
Item: Writing in the online Newsweek for June 2, Daniel Gross observed: “It’s been...
IRS Makes Americans International Pariahs
As the Internal Revenue Service continues its hunt for tax dodgers, Swiss banks are...
Wal-Mart Backs Employer Insurance Mandate
Wal-Mart on June 30 sent a letter to President Barack Obama stating its support...
473,000 Jobs Lost in June
The ADP National Employment Report estimated that the national economy shed some 473,000 jobs...
“Cap and trade” Tax Fight Expected in Senate
"Today's razor-thin vote in the House spells doom in the Senate," Sen. James Inhofe...
Ford Takes 5.9 Billion Government Loan
Ford Motor Company was supposed to be the only major U.S. automaker not in...
Panel Rules Against Chinese Tire Imports
On June 18, the U.S. International Trade Commission ruled 4-2 that China was flooding...
Proposed Financial & Insurance Regulations
On June 17, President Barack Obama proposed sweeping changes to federal regulation of financial...
Chrysler-Fiat Bailout Cost: $870,000 Per Job Saved
Last week’s Chrysler-Fiat alliance cements a total federal commitment of $33.48 billion in federal...
Obama’s Energy Plan
Many factors have enabled the United States to become the wealthiest nation on Earth:...
Chrysler Bankruptcy & Political “Fiat”
All you need to know about the dynamics behind the Chrysler-Fiat “Alliance” being pushed...
Chrysler-Fiat Deal: U.S. Government as “God”
The June 6 Wall Street Journal has reported that the U.S. federal government pressured...