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Detroit's automakers are making a second bid for $25 billion in congressional funding this week. CEOs from General Motors, Ford and Chrysler, who were criticized last month for traveling to Washington separately by private jets and faced pointed questions about their salaries, are seeking to defuse those issues. ...more
December 3, 2008
Today, Detroit automakers take a second run at Congress to persuade lawmakers to give them $25 billion in federal aid, but their agendas are diverging as they contemplate futures as drastically different car companies. ...more
December 2, 2008
There is an old Russian fable, with different versions in other countries, about two poor peasants, Ivan and Boris. The only difference between them was that Boris had a goat and Ivan didn't. One day, Ivan came upon a strange-looking lamp and, when he rubbed it, a genie appeared. She told him that she could grant him just one wish, but it could be anything in the world. ...more
November 28, 2008
Those desperate for a change can heave huge sighs of relief with President-elect Obama's victory, but must be realistic about significant change. Current bailouts have shown only relief for Wall Street bankers. ...more
November 26, 2008
Those desperate for a change can heave huge sighs of relief with president-elect Obama's victory, but must be realistic about significant change. Current bailouts have shown only relief for Wall Street bankers. ...more
November 24, 2008
Legally, it is still Plaza Chevrolet, but operationally the Avon Park dealership is now being run by the Alan Jay Automotive Network. ...more
November 23, 2008
In Part One entitled "Racing Through Life," I bemoaned the fact I had been the victim of hostile Type-A behavior on Sun City Center roads and elsewhere in our wonderful town. I suggested that perhaps we could use a course in town describing the dangers of a Type-A personality and teaching techniques to stop being one. I shared that I had been one in my younger years and still struggle with its problems. The rest of this column discusses the happy ending I've had. ...more
November 19, 2008
Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, warning of a national economic catastrophe should they collapse. ...more
November 18, 2008
Have we as Americans ever considered that we are partially to blame for General Motors, Ford and Chrysler's financial troubles, job lay offs, plant closures, sales, labor unions, etc? ...more
November 16, 2008
It is tempting to give General Motors the emergency federal cash it says it needs to stay in business. Jobs would be saved, at least for a while. ...more
November 15, 2008
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