Wednesday, December 10, 2008

Detroit bailout in a nutshell

From Buffalo Beast.

3 comments:

  1. Scott, do you think there are any lessons we can draw from the Conrail example -- in which several bankrupt railroads were reorganized in 1976 under federal guidance -- for today's situation in the auto industry? Conrail became quite healthy and profitable, and was eventually privatized and sold off by 1998. An example of the government doing something right?

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  2. Sounds interesting, but that's something I'm unfamiliar with, unfortunately.

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  3. With all the propaganda today being promoted by the UAW and bias press, I believe the following article will be of interest:

    Are Autoworkers Really Making $73 an Hour? No, Says UAW & NYT...
    ...but Yes, says the Heritage Foundation and the automakers themselves.

    Go to:
    www.thebirdman.org/Index/Temp/Temp-DoAutoworkersMake$73PerHour-EH.htm

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