Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money. ...more

May 18, 2009

At a time when most people are struggling, major banks that have obtained taxpayer monies through bailout programs have decided to "help" the consumer by lowering credit limits and increasing interest rates. Isn't it ironic that banks such as Bank of America, Citicorp., HSBC, etc., which have obtained so much of our money to cover their screw-ups, now want to turn the screws on the consumer even further than they have in the past? ...more

April 8, 2009

"Hellooo" can anyone up there on Capitol Hill hear me? Probably not with all that bickering going on. You are like a bunch of school kids on the playground, "He did it," "No he did it," "No he did it first." I want to yell "Stop it!" just like I did to my kids. Stop the blame game and get back to work. ...more

April 2, 2009

Last year Kevin McNellis was trying to sell Buicks, Hyundais and GMC trucks in Elkhart, Ind. ...more

April 1, 2009

The rationale last year for loaning public money to General Motors and Chrysler was that if they crashed, the entire economy would be damaged. ...more

April 1, 2009

Ford Motor Co. and General Motors Corp. are offering payment protection plans to help reassure consumers who may be putting off buying a new car because of worries about losing their job. ...more

March 31, 2009

Sen. Mel Martinez expressed support for more bailout money for General Motors and Chrysler, saying the federal government cannot allow the U.S. auto industry to fail. ...more

March 31, 2009

President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant. ...more

March 30, 2009

Sen. Mel Martinez expressed support for more bailout funds for General Motors and Chrysler, saying the federal government "cannot allow" the U.S. auto industry to fail. ...more

March 30, 2009

"Hellooo" can anyone up there on Capitol Hill hear me? Probably not with all that bickering going on. You are like a bunch of school kids on the playground, "He did it," "No he did it," "No he did it first." I want to yell "Stop it!" just like I did to my kids. Stop the blame game and get back to work. ...more

March 29, 2009