Tag Archives: auto industry

Is the White House Targetting Toyota?

Perhaps because of what Glenn Beck’s been saying about Toyota, I’ve been asked many times over the past few weeks whether it’s possible that Obama, Rahm Emanuel and/or Waxman have launched this vendetta against them, as a conscious strategy to benefit GM and/or the UAW. After all, the government owns most of GM now.

I’ve had a serious mental block against even considering that idea. After all, to say that the government owns a majority of GM is theoretically the same as saying that We The Taxpayers own a majority of GM.

But what if it’s true? Hearing some of what Waxman has been saying really has me wondering.

Gold For Oil and Son of Cash For Clunkers

Today’s Coffee and Markets podcast focuses on the oft-reported backroom dealings of the Gulf states on oil and the dollar, and the more realistic possibility of a second bailout for the auto industry.

August Auto Sales and the Bear Exceptions

Francis Cianfrocca joins Ben Domenech for the latest edition of Coffee & Markets, a series of brief morning podcasts on politics and the marketplace. Today’s conversation focuses on the August numbers from the auto industry — what they mean for Ford, GM, and you — and a unique perspective on stock and bond prices.

The Novelty Wears Off At 1600 Penn. Ave.

A pop-star persona can only take you so far in the White House. At some point, if you are the President, you have to produce. And many people are coming to the conclusion that when it comes to the economy, Barack Obama hasn’t produced:

What the Death of General Motors Means For You

I am very reluctant to accept that the Federal government can manage the transition of General Motors from a failed bankruptcy to a healthy and newly-independent business, generating good jobs, and vibrantly serving consumer needs. Even if some facsimile of that process unfolds, the economic inefficiency will be staggering. That translates directly to consumption and investment that we will all have to forgo.

Burning Down Detroit

Detroit can come back, and so can the American auto industry that supports it. But the hard choice has to be made. It’s time to bombard the Motor City with urban policy chemo.

- March 14, 2010 -

MORE LEDGER

ELSEWHERE ON TNL

DAILY READS

MARKETS & POLICY

The WHIP

HEGEMON

CHEQUER BOARD