Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/auto-industry bailout

Another View of the Data

…as more and more flower shops cut staff in the face of slack demand and unavailable credit. If the bank bailout was to bailout the banks—defibrillating them to kick-start the…

…banks continue without restructuring, aiding them with more US dollars on the line, and doing it in a way that allows big aid recipients in the bailout (like GE) to…

The sanctity of contracts…at your convenience

rdan Michael Perelman reminds us of the propaganda involved in selling the way the bailout is happening. Brenda Rosser said in comments… This article appears to be thinly-disguised propaganda. An…

Elizabeth Warren says sack CEOs?

rdan (hat tip vtcodger) The Guardian reports that Elizabeth Warren will be recommending startling actions. Any confirmation? Elizabeth Warren, chief watchdog of America’s $700bn (£472bn) bank bailout plan, will this…

Salmon and Barnett on the $500,000 limit

…you’re surprised that I agree with you and disagree with Barnett. I’d say a strong argument for the cap is the good old moral hazard in bailouts argument. If the…

A Very Good Question

…out: Blue-collar workers are taking it in the shorts as part of their employers’ efforts to secure some bailout bucks from Uncle Sam. I don’t recall white-collar workers on Wall…

Market bets on energy and raw materials today

bailout will work, but that it will be inflationary because the market bet on energy and raw materials today, not financials. Moreover, the market is betting that the bailout wlll…

Taxes and cuts

…that have placed the government so precariously in debt. With debt levels already too high, the effects of the Fannie and Freddie bailout, along with declining tax revenue due to…

Old Vet looks ahead for more action

…must in order for the great Credit Cycle to turn towards less leverage. Consequences ahead? Maybe a bailout fund, or using Fannie and Freddie as bailout funds, or the Fed…

Bail or re-sell after the bums are kicked out?

NYT sells bailout story with no alternatives: “You get to where people can’t trade with each other,” said James L. Melcher, president of Balestra Capital, a hedge fund based in…