Posts tagged "Chrysler"

It's bad enough that pensions are draining Illinois dry; now Sears and others also want to

If Ohio wants to shower Sears Holding Corp. with $400 million to lure the retailer away from Hoffman Estates, I say, “Fine, do it.” And let Ohio Gov. John Kasich (R) explain to his taxpayers why his state’s bribe is four times greater than the $100 million that Illinois reportedly had offered. But if I... Read more »

Outrageous public pensions

What would you think about the government cutting the paychecks of executives running those bailed-out banks to about, or even less than, what teachers earn? Make that what retired teachers receive in pensions. Most Americans probably would say, “Wow, what a great idea. Teachers deserve a lot more money. And those bozo executives should be... Read more »

Clunk: The sound of Obama's auto bailout

Can’t argue that the Cash for Clunkers program hasn’t been a tremendous And the big winner is…Toyota success–for all those people who got to buy a new car with big subsidies provided by the rest of us and all our children. But the Clunkers program has been something of a clunk itself. Start with the... Read more »
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Congressmen show up in auto dealers' showrooms

Here we go. The Obama administration assured us when it engineered its multi-billion-dollar bailout of GM and Chrysler that the government had no interest in running the auto-industry. Guess the administration didn’t think that House Democrats have a mind of their own. In a slap at the administration, the Democratic-control House approved legislation  to force... Read more »
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