Hard & Straight Talk About The Auto Bailouts – Did Obama Just Start The Bankruptcy Reorganization

General Motors and Chrysler are Bankrupt. Plain and simple.
“Bankrupt: any insolvent debtor; a person unable to satisfy any just claims made upon him or her.”
General Motors and Chrysler fit the defintion perfectly.
Absent the unbelieveable Political Theater of the day both Chrysler and GM would have been directed into Chapter 11 reorganization 6 months ago and [...]

AIG Executives Urged To Donate To Sentaor Dodd In 2006 – Hartford Courant

AIG executives were reportedly asked to write checks for $2,100 from themselves and their spouses, and to send them to Mr. Dodd’s campaign.

The Myth Of Global Warming – Attacking Global Warmings 5 Commandments

When Al Gore insisted yet again at a conference last Thursday that there can be no debate about global warming, he was speaking not with the authority of a man of science, but with the closed-minded dogmatism of a religious zealot. Dogma and zealotry have their virtues, no doubt. But if we want to understand where global warming has gone, those aren’t the tools we need.”

The Auto Bailouts: Mr Obama We Know Double Talk When We Hear It

Let me refresh your memory.
Immediately after the Banks received a “bailout” last fall the Automakers and the UAW went to Washington begging for tax dollars. Seems the Automakers and the Unions couldn’t run their business successfully so they needed Tax Payer money to foot the bill for their failed business model. High labor costs  and [...]

The New Auto Bailout – Costs To Taxpayer Increases to $710,000 Per GM Employee

The following Associated Press article appeared on YahooNews.com.
GM says 7,500 hourly workers decide to leave

DETROIT – About 7,500 General Motors Corp. workers have signed up to take buyout and early retirement incentives to leave the company, the automaker said Thursday.
Also, Chrysler LLC said Thursday it would extend its offers to entice blue-collar workers to leave [...]