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By Mark Heisler
$23.96
By Keith Heyer Meldahl
$16.50
$20
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Wikipedia
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The former Teamsters boss, father of that union’s current boss, is buried in a field 20 miles from his last known location, according to an octogenarian reputed mobster who tipped off the FBI.
Posted on Jun 17, 2013
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?ick Harris (CC BY-SA 2.0)
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The governor of Michigan said Friday that the city of Detroit was in a state of “financial emergency” and announced that an independent overseer would be appointed to save it from collapse. However, the proposed solutions, which appear to consist mainly of spending cuts, inevitably mean more pain and suffering for Detroiters.
Posted on Mar 2, 2013
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By Joe Conason — The neglect of the Delphi story by mainstream and even progressive outlets such as MSNBC has been remarkable, particularly because neither Romney nor his campaign has denied it.
Posted on Oct 25, 2012
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Mitt Romney and his wife made at least $15 million (and as much as $115 million) from the very taxpayer-funded auto bailout of 2009 that he opposed, while donors to Republican candidates made more than $4 billion by holding the auto industry and tens of thousands of American jobs hostage.
Posted on Oct 18, 2012
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YouTube/Googlemovietrailers2
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“ ‘Detropia’ offers no solution to this crisis, and indeed there may be none. This documentary is more eulogy and elegy,” Roger Ebert begins his review of the new documentary on the unnecessary and entirely preventable rot of America’s former “Renaissance City.”
Posted on Oct 13, 2012
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The Huffington Post
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Those who caught the Super Bowl broadcast Sunday might have heard Clint Eastwood’s gravelly growl emanating from their sets during one of the big game’s coveted ad breaks.
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AP / J.P. Karas
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It’s a busy week in homeland security here in the U.S., what with the news of an alleged Iranian attempt on the life of a key Saudi diplomat (a case that wasn’t exactly news to select members of the Obama administration), and now a new chapter to an even older story with a prepackaged, media-generated catchphrase you may recall: “underwear bomber.”
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AP / Paul Sancya
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The United Auto Workers and GM announced late Friday that after more than seven weeks of negotiations the two had agreed on a four-year contract that included new jobs, improved profit-sharing and better health care benefits.
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Stan Brewer
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Shoshana Hebshi, our Truthdigger of the Week, had the courage to blog about her experience traveling on the anniversary of 9/11, bringing to light the truth about where America stands on racial profiling 10 years after the Twin Towers fell.
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Flickr / Vectorportal (CC-BY)
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Shoshana Hebshi, a half-Arab, half-Jewish mother from Ohio, thought it would be easy to fly on the anniversary of Sept. 11. But that was before her flight landed in Detroit, where she was promptly handcuffed and carted off to the airport detention facility for questioning.
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On Monday the president celebrated working people and the contributions of unions to our society and he previewed some of the proposals in his forthcoming jobs plan at an AFL-CIO-sponsored speech in a GM parking lot.
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White House / Samantha Appleton
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The president will officially unveil his plan to create jobs and rescue the economy at a joint session of Congress on Thursday, but he offered a sneak peek Monday to union workers in Detroit. It comes down to bridges and taxes. (more)
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YouTube
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By Aram Sinnreich — The Super Bowl commercial is a shell game. Detroit’s pain isn’t the result of some existential crisis of faith, but a direct consequence of the amoral, profit-seeking behaviors of Chrysler itself.
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Given the outsourcing, the massive bailout, the abandoned houses and the rest of the city’s emotional baggage, it was sort of inevitable that Chrysler’s “Imported from Detroit” ad, featuring Eminem and spanning roughly $12 million worth of airtime, would elicit cheers and jeers from Congress.
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AP / J Pat Carter
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October wasn’t a good month for sales of single-family homes in the U.S.—in fact, it was pretty dismal—and you know it’s bad when number-crunching economist types say there’s nothing good to say about not only the current moment but the foreseeable future as well.
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President Obama gave a rousing speech in Detroit, where he said the stimulus has helped the area’s economy but reminded everyone that the road ahead is hard. The Arizona immigration law suffered a temporary setback ... (continued)
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By Amy Goodman — “I have a dream.” Ask anyone where the Rev. Martin Luther King Jr. first proclaimed those words, and the response will most likely be at the March on Washington in August 1963. In fact, he delivered them two months earlier, on June 23, in Detroit.
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Flickr/richardefreeman
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It seems that the romantic notion of cutting back on executives’ astronomical salaries, especially execs at corporations that benefited from government funding, hasn’t exactly caught on like wildfire in the American auto business. Take General Motors, for example.
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Flickr / DetroitDereck Photography
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Ford Motor Co. has seemingly shifted out of crisis mode and is now reporting a profit of $2.7 billion for 2009, a considerable success given the state of the U.S. auto industry and the sluggish economy.
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AP
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With the U.S. economic slump and the seemingly never-ending boom in Chinese manufacturing, it comes as no surprise that China has become the world’s biggest car market, with 13.5 million vehicles sold in 2009—or 2.1 million more than the U.S.
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AP
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In response to the attempt to blow up a Northwest flight landing in Detroit on Christmas Day, the U.S. has announced it is planning retaliatory strikes in Yemen against al-Qaida members, though not necessarily those involved in the attack attempt.
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By Ruth Marcus — The more I think about the Christmas all-but-bombing, the angrier I get.
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Wikimedia Commons / ai@ce
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The Christmas Day incident on Northwest Flight 253 has brought Yemen further onto the U.S. radar, and now Yemen’s foreign minister, Abu Bakr al-Qirbi, is calling for more help from the West to deal with what he considers to be a sizable al-Qaida network operating within his country.
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AP / Evert Elzinga
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By Eugene Robinson — The United States will soon have about 100,000 troops chasing shadows in Afghanistan, not long after an airliner was nearly blown up by a terrorism suspect who had no connection to that country. What’s wrong with this picture?
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bbc.co.uk
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A branch of al-Qaida in the Arabian Peninsula has announced its affiliation with Umar Farouk Abdulmutallab, the 23-year-old Nigerian who allegedly tried to set off an explosive device aboard Northwest Airlines Flight 253 from Amsterdam to Detroit on Christmas Day.
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Put down the dreidel and step away from the latkes. It’s time to read about the mercenary surge in Afghanistan, Sarah Palin the Terminator, why your boss is incompetent and much more.
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GM’s new Volt may be able to drive for 40 miles without a drop of gas, but, based on the singing and dancing in this video, it’s clear that the brains that bankrupted this company are still very much in charge.
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AP / Daymon J. Hartley
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A 63-year-old anti-abortion activist who had been staging a protest, reportedly involving graphic images of fetuses, in front of a Michigan high school was killed in a drive-by shooting Friday, according to The New York Times.
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fordnewsblog.wordpress.com
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Those dangerous socialists in our federal government have really done it this time. Why, they’ve ... engineered a way to give the American auto industry a much-needed boost with their successful “Cash for Clunkers” program.
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Flickr / nikoretro
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Forget about replicating the success of the surge in Iraq: Whoever came up with “cash for clunkers” should be put in charge of everything. The clunkers program ended Monday—under budget—after moving almost 700,000 new fuel-efficient cars through an auto industry in the grip of rigor mortis. To put things in perspective, the whole program cost less than 2 percent of AIG’s bailout.
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autoblog.com
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GM claims its new wonder car, the Volt, gets mileage that makes the Prius look as if it belongs in the cash-for-clunkers program—230 MPG in the city. Pick up your jaw, the rating is based on a new EPA methodology and hasn’t been confirmed by the agency. The car may also be delayed indefinitely in reaching the market.
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Flickr / ThreadedThoughts
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The Senate is finally getting around to approving more money for the wildly successful “cash for clunkers” program, which seems to have saved the auto industry from the forces of recession and bankruptcy. With an additional $2 billion on the way, the administration hopes to transform 500,000 more clunkers into cleaner, smaller, more efficient vehicles.
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Flickr / Franco Folini
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What exactly does an executive have to do to not get a golden parachute? Former GM CEO Rick Wagoner ran the company into the ground, and will now retire with $8.6 million for his trouble. That figure was negotiated down from the $23 million the old pre-bankrupt GM would have had to pay Wagoner. Sorry Rick, but it’s a rough economy.
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Flickr/richardefreeman
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General Motors Chief Executive Fritz Henderson tooted his company’s horn plenty when he ushered in a new, post-bankruptcy era for the Detroit automaker—but he couldn’t promise that GM 2.0 would be able to pay back the billions of dollars his company got from taxpayers.
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Flickr / dok1
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The Supreme Court has put the brakes on President Obama’s plans to bail out the auto industry, ordering a stay of the sale of Chrysler to Fiat. Before the ruling, the administration said blocking the deal would have “grave consequences” for Chrysler. Also, it could threaten the government’s plans for the much larger and more complicated GM. Update
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By William Pfaff — I wonder what my father would have thought of the self-destruction of General Motors. We were a General Motors family, but not a happy one.
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By Eugene Robinson — With GM’s bankruptcy filing on Monday, we the people have become majority owners of a museum-quality piece of industrial history.
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Flickr / gotplaid?
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GM’s restructuring plan will make the Treasury Department the majority owner of the company, according to Bloomberg. The administration reportedly intends to take as passive a role as possible and will not appoint anyone to the automaker’s board, thereby avoiding the danger that something competent might happen.
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By Marie Cocco — This is how it ends. Or at least, this is how the latest, sad chapter in a story that has been ending for three decades is written.
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Flickr / Dr. Keats
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The Treasury Department has cut a deal with the United Auto Workers to send Chrysler into bankruptcy while protecting retiree benefits, The New York Times reports. Fiat would be in a more favorable position to take a cut of the company once it’s in bankruptcy. Chrysler’s equity stakeholders are shaping up as the big losers in all of this.
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Flickr / dogonthesidewalk
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GM has until June 1 to cut a deal with its workers and bondholders, but the Treasury Department is requiring the automaker to prepare for bankruptcy just in case, according to The New York Times. Newly installed GM chief Fritz Henderson is more receptive to the possibility than his predecessor, but warns, “If we need to resort to bankruptcy, we have to do it quickly.”
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Brian Fairrington, Cagle Cartoons —
Posted on Apr 1, 2009
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fordnewsblog.wordpress.com
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President Obama grabbed the proverbial steering wheel on Monday, shaking up the American auto industry by stating tougher conditions for receiving federal subsidies and forcing GM’s CEO to step down. But critics are wrong to suggest that this represents an unprecedented use of executive power.
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By Eugene Robinson — The president is telling Detroit to shape up or die while at the same time politely asking Wall Street, whose recklessness and greed caused this economic crisis, if it would be so kind as to accept another heaping helping of taxpayer funds.
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Flickr / richardefreeman
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The Obama administration auto task force has sent both GM and Chrysler back to the drawing board, turning down requests for additional loans until the companies come up with more realistic restructuring plans. The government will prop up GM for two months while the automaker tries again. Chrysler has 30 days.
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Greenland’s Great Melt Is Pinned on Climate Change
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