Morning Bell: Taxpayers’ Auto Bailout Losses Mounting
Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This… Read More
Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This… Read More
In this week’s Heritage in Focus, expert James Sherk discusses the bailout of U.S. automakers. Click here to listen. Why did the United Auto Workers union receive… Read More
President Obama told the United Auto Workers (UAW) in February not to listen to critics of the auto bailout who said union members “made out… Read More
Did you know that there are no Volkswagen manufacturing plants in the Detroit area? Or Mercedes-Benz? Or Kia? Or Hyundai? Or BMW, for that matter?… Read More
Look out, America. The United Auto Workers union is prepared to do whatever it takes to “defend democracy,” including using the tactics of the protesters… Read More
The Big Labor full-court press is in full swing ahead of President Barack Obama’s speech next week in which he will roll-out a new jobs plan…. Read More
Last month when the White House released its visitor log for the first six months of the Obama presidency, one name appeared far more often… Read More
In the wake of the General Motors and Chrysler’s bankruptcies, United Auto Workers finds itself in a complicated position. In some sense it has achieved… Read More
Throughout the next two weeks, the Foundry will be highlighting some testimonials of General Motors bondholders. When President Obama describes bondholders, you get the distinct… Read More
The news of another auto bailout was met with a whimper last week. Surely, the little noticed request for an additional $22 billion was partly… Read More