Their efforts in Congress squashed, U.S. automakers are depending upon a reluctant White House to quickly provide a multibillion lifeline to help them avoid imminent collapse.
The chairman of the House Financial Services Committee says the new bleak unemployment figures makes helping the nation’s beleaguered auto industry even more urgent.
Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.
Christine Beatty, a former aide to the mayor, accepted a four-month jail sentence in exchange for admitting to obstruction of justice charges for her actions in a civil lawsuit brought by two police officers.
From Politico: You don’t hear much about the Iraq war these days, though the US death toll hit 4,205 on Monday. If human life isn't a convincing enough reason to bow out, writes Roger Simon in Politico, then here's one that "really is upsetting people these days: money."
Last week, Congress departed from Washington after refusing to bail out the Big Three auto manufacturers. This week, all eyes are on Obama. What will his policy be toward Detroit — meaning the huge auto industry that provides a living for hundreds of thousands of Americans; and, also, the troubled Black metropolis that has always […]
Obama senior adviser David Axelrod warned U.S. automakers, seeking billions in government help to stave off collapse, to devise a plan to retool and restructure. Otherwise, he said, “there is very little taxpayers can do to help them.”
From Bankole Thompson at the Michigan Chronicle: “It’s 3 a.m. and Detroit is calling, not because there is a security emergency, but because there is an economic emergency. It is imperative that Washington picks up the phone.”
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.
From WXYZ.com: In an editorial appearing in today’s New York Times, Michigan native and former Republican presidential candidate Mitt Romney writes Congress should not give the Big 3 a bailout.
A Detroit-area man faces a variety of charges after nearly hitting a patrol car and telling police that singer Beyonce was waiting to meet him in New York, authorities said.
The name of Detroit’s embattled mayor, Kwame Kilpatrick, is seldom mentioned without the sobriquet “hip hop mayor.” Kilpatrick coined the phrase on the campaign trail, swept into office on a wave of support from young voters. He has continued to evoke it ever since—as have his critics, who now appear to far outnumber any remaining […]
