Obama’s own publication, THE JOB IMPACT OF THE AMERICAN RECOVERY AND REINVESTMENT PLAN, shows only minimal short term gains for his trillion dollar bailout [...]
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Obama President elect Barack Obama is now on the side of bailing out the auto industry. Well, only part of the auto industry. Executives of Honda Motor Co., Toyota and Nissan have stayed out of the bailout debate. Obama is in favor of rewarding incompetence with a plan that cannot possibly succeed. The “Big Three” automakers [...] Big, fast gas guzzlers (in bed with big oil?) GM CEO Wagoner “The big and the fast beat the small and the fast. If you check out the NBA today, they’re big and fast.” This is a quote from Rick Wagoner, General Motors CEO. It is Wagoner’s analogy to the automobile industry – big, fast, gas guzzlers. Wagoner [...] |
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