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[AMERICAN NONSENSE] AMERICAN NONSENSE » Open Thread and Diary Rescue: WilliamJohnCox proposes a three-phase plan for saving the American automobile industry, in Making Smarter Cars Instead of Stupid Decisions. (ItsJessMe).

[OpEdNews - OpEdNews.Com Progressive, Tough Liberal News and Opinion] OpEdNews » Making Smarter Cars Instead of Stupid Decisions: Elimination of the American automobile industry would send shock waves through the economy, causing the failure of thousands of automobile parts suppliers and car dealerships. Auto parts supply companies are among the top industrial employers in 19 states, and one out of every ten jobs in America is supported, in one way or another, by the automobile industry.

[WSJ.com: MarketBeat] MarketBeat : Ford Rides Higher Amid Bailout Hopes: With the mortgage crisis still unresolved and the advantage taken by, or given to, the banking industry by the Federal Government, it is hard for the American public to envision a bailout of the automobile industry and Ford Motor Company. But it is even harder to imagine its bankruptcy and the jobs and pensions that action will destroy.

[www.redstate.com: Latest blog entries] RedState: Barack Obama and the WPA 2.0: Barack Obama is not hurting the free market economy by anymeans. He is simply stimulating the economy to jump start ourproductivity from the economic rut we find ourselves in, in hopesof reaching America’s best possible period of economic activity inHistory, through Green Technology and Job Stimulus.

[OpEdNews - OpEdNews.Com Progressive, Tough Liberal News and Opinion] OpEdNews » The Media Auto Know Better: Fueling the Anti-Union Fires: Others who attack organized labor claim that UAW worker earn far more an hour than their counterparts at non-American non-unionized auto manufacturers in the U.S., and that's a reason why the Big Three are failing. However, the reality is that the average wage at the international automakers is estimated at $24–$25 an hour, less than a $3 differential an hour for UAW first tier workers, according to Jonathan Cohn in The New Republic.

[Political Cortex] Political Cortex: An Under-Discussed potential tragedy in ...: For some, thoughts of a massive financial bailout for the American Automobile industry strike chords of unease that some might say, reward the lack of innovation and enterprise that has been exhibited by some foreign auto manufacturing competitors.  Futher, the auto industry, at least on the surface, has appeared to be in bed with 'big oil' by continuously producing oversized automobiles, ala SUV's and the like, cars that only encouraged a glutinous collective consumption of oil, as if that fossil fuel were pouring from spigots of plenty throughout the world.

[WSJ.com: Auto Industry Tracker - WSJ.com] Auto Industry Tracker - WSJ.com : Letter From Pelosi, Reid to Auto ...: Less cars on the roads, less fuel consumption, less people working and able to afford buying cars and filling up gas tanks would certainly impact the oil industries. They are making billions in net profits per quarter and we they tax payers are lossing money and can’t afford higher taxes to bailout an industry that can be helped by another industry that would be heavily hit by the Big 3 going bankrupt.

[OpEdNews - OpEdNews.Com Progressive, Tough Liberal News and Opinion] OpEdNews » Bail U.S. Out of the Fossil Fuel Economy: If I had billions I would put every penny into those two forms of energy and we couls be off the grid in 10 years or less.

[www.redstate.com: Latest blog entries] RedState: How do we know the auto bailout is unpopular across the ...: Toyota, BMW, Kiaand others now make 54% of the cars Americans buy. Theinternationals also employ some 113,000 Americans, compared with239,000 at U.S.-owned carmakers, and several times that numberindirectly.

[Maggie's Farm] Monday beer-time links - Maggie's Farm: Related: but the homegrown auto assemblers are worse off than you think. Zombies indeed. Too old. Obama's netroots problem. Is that a real problem? Nobody really cares about what people say on websites - except their readers. ...

[WSJ.com-Law Blog - WSJ.com] Law Blog - WSJ.com : Chewing Over a Big Three Chapter 11 Filing: In other industries, consumers aren’t risking all that much by buying products by a company in the midst of a Chapter 11 restructuring. With a car, it’s different, because part of what you’re buying is the assurance that you’ll be able to maintain the car going forward.

[mothanskin.blog-city.com] "Are We All Keynesians Now?" ["PURSUIT OF HAPPINESS"]: McFadden “Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited.

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