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OPINION: Why The Bailout Money Should Pay For Reparations
Since reparations is an accursed term, I’m comfortable with just labeling it a “bailout” for now.
Read More...Ford Asks Congress For $9B Line Of Credit
Ford Motor Co. is asking Congress for a $9 billion “stand-by line of credit” to stabilize its business, but says it doesn’t expect to tap it.
Congress Tells Auto-Industry Show Us A Plan
Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big Three develop a plan assuring the money would make them economically viable.
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Senate Votes to Pump Cash Into Auto-Industry
A bipartisan group of auto-state senators reached a last-ditch compromise Thursday to throw Detroit’s Big Three a government lifeline worth billions, but the plan faces an uphill battle in a reluctant Senate.
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