Posts Tagged ‘auto’

Mitt Romney finds his moment

Thursday, June 2nd, 2011

During the last presidential contest, I was often tough on Mitt Romney , once accusing him of “blending in perfectly with his surroundings — a social conservative in Iowa, an agent of change in New Hampshire, a protector of the auto industry in Michigan.” Even losers in a primary process can succeed in impressing, as Mike Huckabee did. Romney did not impress. He ran a campaign both expensive and directionless — a yacht without a rudder. Last month, I saw Romney speak and take questions at a Republican forum in Manchester, N.H. He was more casual and fluent than I’d seen him before — tieless, knowledgeable on economic matters, tough on President Obama’s record, apparently comfortable in his well-tanned skin. Romney seemed a better candidate, precisely because he wasn’t so eager to please.  Read full article > >

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Mitt Romney finds his moment

Romney camp explains claim that he deserves credit for auto industry rebound

Wednesday, May 25th, 2011

Dems and liberal bloggers are having a grand old time mocking Mitt Romney in the wake of his spokesman’s claim today that Romney deserves credit for the rebound of the auto industry — even though he opposed Obama’s auto bailout. The fun started when a Romney spokesman told the New York Times that “Romney had the idea first,” claiming he advocated for “a course of action that eventually the Obama administration adopted.”Dems immediately countered by pointing out that in 2008, Romney penned an Op ed pillorying the auto bailout with the title: “Let Detroit go bankrupt.” Read full article > >

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Romney camp explains claim that he deserves credit for auto industry rebound

GM to Dole Out $189M to Workers

Monday, February 14th, 2011

For once, it’s good to work in the auto industry: Detroit automaker General Motors Co. announced today that it will pay up to $4,000 in profit-sharing bonuses to roughly 45,000 U.S. factory workers this year. The bonuses are twice as big as its…

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GM to Dole Out $189M to Workers

G.M. Posts $2B Profit

Wednesday, November 10th, 2010

General Motors posted at $2 billion profit for their third quarter earnings Wednesday-a significant improvement for the auto company that dropped four of its eight domestic brands after losing $10.6 billion in 2005. It is the company’s biggest…

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G.M. Posts $2B Profit

Bank, auto rescues aren’t getting the credit they deserve

Thursday, October 14th, 2010

To ignore government’s achievements in times of crisis is willfully stupid.

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Bank, auto rescues aren’t getting the credit they deserve

Bailout Loss Estimated at $29 Billion

Wednesday, October 6th, 2010

The Treasury Department expects to lose $29 billion on the federal bailouts stemming from the financial crisis, with most of the losses in its housing finance program and the auto rescue.

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Bailout Loss Estimated at $29 Billion