Frequent readers of the AIP blog have heard about the curious case of Rep. Russ Carnahan. Two weeks ago I noted Carnahan's apparent disregard for his constituents' concerns when it came to ObamaCare; it appears, however, that we can add "Cash for Clunkers" to the list of areas where...
A recent story in the Washington Post detailed the chances that the American people have in getting their money back from General Motors after the government has "invested" so much in that company. Unfortunately, the story confirmed the suspicions of many conservatives who have often doubted...
Posted to
AIP Blog
by
John Hanlon
on 07-03-2009
Filed under: General Motors, auto industry, investment
Last week, the House of Representatives passed another bailout of the automobile industry, though they did their best to disguise the bailout as a way to clean up our skies by giving people rebates (to the tune of $4,500) to buy more gas-efficient vehicles. Matt Margolis touched on the program known...
It doesn't matter if you support or oppose the decision by General Motors (and apparently the decision of the United States Government) for the auto company to file bankruptcy. The fact remains, the highly touted bailouts which were intended to stave off bankruptcy failed, and the Obama administration...
Posted to
AIP Blog
by
Justin Higgins
on 06-02-2009
Filed under: Obama, bankruptcy, auto industry, Troubled Asset Relief Program, bailout