Below are three videos which capture some of the emotions of Chrysler dealers in Georgia, Michigan and New York who’ve been told their dealerships are set to close: Video #1 (above): Daniel Womack, owner of a Claxton Chrysler in rural Claxton, Ga., warns the loss of his dealership in a town where everyone knows each [...]
Chrysler Dealers Talk About Being Robbed (Updated)
May 20th, 2009 · 6 Comments
Tags: · bailout, big three automakers, Bob McCarty
Taxpayers Foot Bill for College Football Bowls
December 30th, 2008 · No Comments
It appears writer Eric Crawford was ahead of the journalistic pack with his article that appeared in the Louisville Courier-Journal on Black Friday — the one after Thanksgiving, not Christmas. In Bailout Bowl, Presented By You and Me, he highlighted the many instances in which taxpayers — hence, “You and Me” in his headline — [...]
Tags: · bailout, bailout bowl, bailout funds, bailouts, bank, big three automakers, black friday, bowl game predictions, bowl games, capitol one bowl, central michigan, Christmas, citi, College Football, courier-journal, Crawford, demon deacons, detroit, eagle bank bowl, eaglebank bowl, eric crawford, florida atlantic, Ford, ford field, foreign auto manufacturers, georgia, gm, gmac, gmac bowl, golf, jan. 1, louisville, michigan state, midshipmen, mobile, motor city bowl, Navy, new year's day, penn state, rose bowl, rose bowl presented by citi, russian professor, taxpayers, Thanksgiving, uaw golf course, uaw resort, united auto workers, usc, wake forest
Congressional Motors Promotes Pelosi GTxi SS/RI
December 23rd, 2008 · No Comments
As someone who has been critical of both Congress and the Big Three Automakers over the years, I found myself stepping back from that criticism after watching the promotional video (a.k.a., “car commercial”) above for the Pelosi GTxi SS/RI Sport Edition from Congressional Motors. In other words, I’m sold on the soon-to-be-available opportunity to purchase [...]
Tags: · american digest, big three, big three automakers, Congress, Congressional Motors, iowa hawk, Nancy Pelosi, odd-numbered saturdays, Pelosi, Pelosi GTxi SS/RI
Outrage! Congress to Receive Automatic Pay Raise!
December 17th, 2008 · 10 Comments
Some things are just plain wrong. One of them is the automatic 2.8 percent — or $4,700 each — pay hike members of Congress are due to receive early next year unless American citizens convince them otherwise — and quickly! On Jan. 22, 2008, Reps. Harry Mitchell (D-Ariz.) and Ron Paul (R-Texas) attempted to prevent [...]
Tags: · automatic pay raise, bailout, bailouts, big three automakers, Congress, economic crisis, elected officials, financial industry, harry mitchell, Illegal Immigrants, pay raise, Ron Paul, senior citizens league
Is Big Three Bailout Plan Another ‘Ponzi’ Scheme?
December 15th, 2008 · No Comments
It’s understandable if some Americans find themselves confused as they try to understand the financial headlines making news this morning: An enormous “Ponzi” scheme, allegedly perpetrated by a long-trusted Wall Street legend and former chairman of the NASDAQ, continues to make headlines since becoming public four days ago. Other news articles focus on the possibility [...]
Tags: · aig, andrew m. grossman, automakers, bailout scheme, banks, bear stearns, bernard l. madoff, bernard madoff, big three, big three automakers, big three bail out, big three bailout, big three bailout plan, bridge loan, bridge loan to nowhere, Bush, Bush Administration, car companies, charitable organizations, citigroup, Congress, detroit, fannie mae, financial markets, Financial Times, freddie mac, hedge funds, Heritage Foundation, individual investors, investment fraud, joseph stiglitz, madoff, nasdaq, Nobel Prize, ponzi, ponzi scheme, President George W. Bush, rob peter to pay paul, sec, securities and exchange commission, tarp, treasury department, troubled asset relief program, u.s. auto industry, Wall Street, Wall Street Journal
Observations Offered on Six Morning Headlines
December 12th, 2008 · No Comments
Six news articles published today highlight the upside-down nature of politics and the world in which we live today. Below, I offer some observations: Wage issue kills Big 3 deal in Senate (Washington Times) — Senate leaders gave up Thursday night on a $14 billion automaker bailout, sunk by the refusal of the autoworkers union [...]
Tags: · Afghanistan, al-Qaeda, anti-taliban, automaker bailout, bailout, belgium, big three, big three automakers, Climate Change, deck chairs, detroit, Economy, energy department, Global War on Terror, heisman trophy, Heritage, Heritage Foundation, Islamic Extremists, Nancy Pelosi, nobel prize-winning physicist, pension funds, pork, President Bush, secretary of energy, Sept. 11, steven chu, Taliban, War on terror
Michigan CEO Slashes Prices to Attract Customers
December 11th, 2008 · 1 Comment
The chief executive of a six-year-old Michigan company is employing a business tactic he hopes will be more successful than the ones used by the state’s Big Three Automakers: He issued a news release today to let the world know he’s cutting his company’s prices in half. “Our economy calls for creative marketing,” said Intellx [...]
Tags: · big three, big three automakers, brian osterberg, chrysler, condoms, creative marketing, dealership, electric car, Ford, general motors, gm, intellx, Michigan, petoskey, price, price matters, state of michigan, volt
