Auto Bailout Was a Bonanza for Romney and Friends

Alexander Reed Kelly / Truthdig Oct 18, 2012 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. Dig deeper ( 2 Min. Read )

Treasury Projects a Profit From Bailout

Staff / Truthdig Apr 16, 2012 Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry. Dig deeper ( 1 Min. Read )

Volvo Launches Pedestrian Air Bag

Staff / Truthdig Mar 13, 2012 Safety first: Volvo has long built its reputation on making the driving experience as safe as possible for those riding inside the Swedish automaker's vehicles. Now the company is taking it to the next level with the introduction of the pedestrian air bag. Dig deeper ( 1 Min. Read )

Mitt in Michigan

Mike Luckovich / Truthdig Feb 24, 2012 Dig deeper

Eastwood on Detroit: ‘Motor City Is Fighting Again’

Staff / Truthdig Feb 6, 2012 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. Dig deeper ( 1 Min. Read )

Weapons ‘R’ Us: Making Warbirds Instead of Thunderbirds

By William Astore, TomDispatch Jan 26, 2012 “Makin’ Thunderbirds” is about auto workers back in 1955 who were “young and proud” to be making Ford cars. But in the early 1980s, Bob Seger sings, “the plants have changed and you’re lucky if you work." Now America's plants make the deadliest of weapons. Dig deeper ( 8 Min. Read )

When Socialism Saves Capitalism

E.J. Dionne Jr. / Truthdig Sep 22, 2011 Have you noticed that one of the Obama administration's most successful programs is also its most "socialist" initiative? Dig deeper ( 3 Min. Read )

The Government: Credit Where Credit Is Due

E.J. Dionne Jr. / Truthdig May 9, 2011 Don't expect to see a lot of newspapers and websites with this headline: "Big Government Bailout Worked." But it would be entirely accurate. Dig deeper ( 3 Min. Read )

‘This Is What We Do’: Why I Hated Chrysler’s Super Bowl Ad

Aram Sinnreich / Truthdig Feb 10, 2011 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.Unlike most of the Super Bowl's 111 million viewers, judging by the effusive tidal wave of tweeted praise that attended its airing, I did not love the new Chrysler ad. In fact, I hated it. Dig deeper ( 4 Min. Read )

Ferrari Joins the Not-So-Posh Recall Club

Staff / Truthdig Sep 2, 2010 In these hard times one might be tempted to indulge in a bit of schadenfreude at the news that a $250,000 supercar for the superrich has a propensity to burst into flames, but we'll just stick to the facts. Ferrari is recalling more than 1,200 of its 458 Italia model because of a design flaw that has bonfire potential. Dig deeper ( 1 Min. Read )

How Big Government Saved the Malibu

E.J. Dionne Jr. / Truthdig Aug 2, 2010 Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points? Dig deeper ( 3 Min. Read )

Hummer Going the Way of the Dodo

Staff / Truthdig Feb 26, 2010 The days appear to be numbered for General Motors' brand of oversize musclemobiles that we know as Hummer. The Detroit automaker has failed to seal the deal with a Chinese buyer in time to save the SUV line, which is looking more and more like the relic of pre-recessionary excess (not to mention gas-guzzling impudence) that it is. Dig deeper ( 1 Min. Read )