’Twas the Blight Before Christmas

electioneering

Walter Brasch: Sometimes, being bathed by the wisdom of the Founding Fathers’ that all views should be heard, even the ones we disagree with, even the ones that may not be truthful, may be more than any citizen should have to endure.

A Tale of Two Romneys

George Romney

Brent Budowsky: If George Romney were here today, Mitt Romney would probably be calling him a European socialist, while George Romney would probably be supporting the auto policies of Obama and possibly endorsing Obama for reelection.

Exploit This Tragedy

bill gates

Tina Dupuy: The “don’t exploit this tragedy” knee-jerk catch-all phrase is absolutely meaningless. In American politics, we rule by crisis. There is no political will to act unless something is burning, melting or spewing. We don’t plan for the future – we brace for it.

Detroit as a Farm

Detroit

David A. Love: That we’ve reached the point of entertaining the idea—of turning Detroit into a semi-rural city—reflects both a crisis of failed urban policies, and an opportunity to rebuild from the ashes.

The New Volt and an Old Nash Rambler

1956_Nash_Rambler

American Motors and Nash have long-since disappeared. But if the auto industry could build that kind of fuel-efficient, gas-powered engine in the 1950s, why did it stop and why is the Volt such a big deal?

The Auto Bailout: A Bad Deal

obama-detroit

With the economy tanking and unemployment skyrocketing, you’d think the Obama administration would be doing all it could to save jobs. But if its auto bailout plan is any indicator of its current direction, we’re on our way to losing a lot more jobs.

And Now Homeowners

homeowners

The two most important features of the administration’s plan to help homeowners are, first, its support for amending bankruptcy laws to allow judges to modify mortgages. This will give homeowners bargaining leverage with mortgage servicers (and give the servicers more leverage with securitized creditors on up the line) to get better terms; and, second, a [...]

Bail Out the Big Three and Revitalize the Economy

1947_cadillac_series_62_convertible

by John Paul Rossi – The other week, the appeal of the Big Three’’s executives for a $25 billion taxpayer bailout for their desperately ailing firms failed. Neither the fractious lame duck Congress, nor the Bush administration were willing to help.

Obama, Democrats, Tackle Climate Change While Bush Adds To His Poisoned Legacy

Thursday morning, House Democrats took firm control of the environment issue by ousting Energy and Commerce Committee chair Rep. John Dingell. In his place, the caucus chose Rep. Henry Waxman. Besides seating a committed environmentalist as head of the influential energy committee, the vote removes one of the auto industry’s best friends from a key [...]

A Bottom-Up Bailout Rather Than Trickle-Down

Hank Paulson has just about burned through $300 billion, and it’s not clear what the public has got out of it. Perhaps things would be worse without the bailout but they’re certainly no better. Wall Street banks have not significantly stepped up their loans to small businesses, college students, car buyers, or distressed homeowners. Much [...]

The Mini Depression and the Maximum-Strength Remedy

by Robert Reich – This is not the Great Depression of the 1930s, but nor is it turning out to be merely a bad recession of the kind we’ve experienced periodically over the last half century. Call it a Mini Depression.

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