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
PODCAST: Automaker Bailout or UAW Bailout?
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
Morning Bell: Auto Bailout Was Really Just a UAW Bailout
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
Morning Bell: How Chrysler Can Actually Help Detroit
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
UAW Defends Democracy? Wolf Hired to Guard the Hen House?
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
Big Labor Makes Big Spending Demands on President Obama
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
Morning Bell: Big Labor Is Bankrupting Our Country
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
A Union Divided Against Itself: The UAW’s Conflict of Interest
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
Meet GM’s Bondholders: Chris Crowe
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
Auto Bailout Update: Drove My Chevy to the Levee…
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
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