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

You searched for: label/auto-industry bailout

Do not confuse American companies with American jobs.

…Volvo. I’m not arguing against an auto bailout. But it ought to be focused on helping American auto workers rather than helping global auto companies headquartered in America. Why pay…

Pro Publica and bailout lists

Barry Ritholtz at The Big Picture points to Pro Publica regarding Tarp and other bailout monies: Pro Publica has been maintaining a list of bailout recipients, updating the amount lent…

NYT: As Big Banks Repay Bailout Money, U.S. Sees a Profit

…the huge financial rescue undertaken by the federal government last year to stabilize teetering banks and other companies. The government still faces potentially huge long-term losses from its bailouts of…

Auto Sales

Could July have been the bottom in auto sales? Auto sales jumped from 12.6 million in July to 13.7 million in August. Auto sales are nearly 20% below trend as…

Auto Prices and the CPI

…improvement. For example the standard radio in an auto use to be a simple AM radio. Now it is a AM-FM radio. Another example is that today’s autos are much…