News Stories Related To: Dollars Dollars Everywhere Without an End in Sight
By: beyondthecusp 
I would be the first to admit that I am no economic expert, but even I recognize a runaway train about to jump the tracks. What we were originally told was a bailout program to buy up supposed...
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Reported by beyondthecusp
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- News Source: Times Online | 11 months agoAmerica's three biggest car companies stand a good chance of receiving a $15 billion loan a week today as Washington puts the finishing touches to a bailout bill. A White House spokesman said that there appeared to be a broad agreement across the...
- News Source: National Public Radio | 11 months agoTell Me More , December 8, 2008 · Last week, the CEO's of Ford, Chrysler and General Motors again pleaded for a billion dollar rescue plan on Capitol Hill. Now, the struggling U.S. automotive industry waits as lawmakers decide how, if at all, the...
- News Source: Canadian Free Press | 11 months agoPut me in charge of one or all of these three auto companies...I know nothing about running an auto company and, therefore, I would be ideal for the job...Do you think a bunch of government bean-counters know any more than I do? Do you think a bunch...
- News Source: Money Morning | 11 months agoDecember 2007. In the post-World War II era, the average length of recession has been 11 months, with the downturns of 1973-74 and 1980-81 lasting 16 months. And the current recession will likely surpass the norm. As the data gets weaker with...
- News Source: CNSNews.com | 11 months agoThe only real debate between the White House and the Democratic Congress about giving tax dollars to Ford, Chrysler and General Motors has been what pot of money it comes from...Bush told Congress he wants them to pass his version of the bailout this...
- News Source: France 24 | 11 months agoPresident-elect Barack Obama said he opposed bankruptcy for the Big Three automakers but vowed to maintain government pressure on their management to restructure in return for a taxpayer bailout. In an interview aired Sunday on NBC program "Meet...
- News Source: Sydney Morning Herald | 11 months agoThe short-term loan package of at least $US15 billion ($A23.27 billion) could be a lifeline to keep the Big Three car manufacturers afloat, but is about half what their chief executives say is needed to stave off bankruptcy. After locking horns with...
- News Source: The Globe & Mail | 11 months agoThe money will come from a yet to be tapped Energy Department loan program approved in September to help automakers make more fuel-efficient vehicles. Mr. Fratto declined comment on details of the ongoing discussions. “What's most important is that...
- News Source: Voice of America | 11 months agoU.S. lawmakers and the president are close to a deal to prevent the possible collapse of the country's ailing auto industry. Senior congressional aides say the deal would give the so-called "Big Three" automakers -- General Motors, Ford and Chrysler -...
- News Source: Turks and Caicos Free Press | 11 months agoDemocratic leaders and the White House reached a deal to provide billions of dollars in relief to the ailing U.S. auto industry, a senior congressional aide told Reuters on Friday. The package, which Democratic leaders hope to win passage of next...
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