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Entries Tagged as 'Politics'

Federal Used Car Database On The Way

January 29th, 2009 · No Comments

Buying a used car can be a shaky experience if you’re not careful, but thanks to some long-standing legislation, it looks like the federal government may step in to make the deal a little more stable. The feds are out to launch a massive used car database to help protect buyers from picking up cars [...]

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Tags: News · Politics

GM, Chyrsler Get $17.4 Billion

December 19th, 2008 · 1 Comment

President Bush signed a last-minute agreement for $17.4 billion in funds for General Motors and Chrysler to carry both companies through the first quarter of next year. The money comes from an unused portion of the Wall Street bailout package passed earlier in the year. The cash comes with the stipulation that both companies become [...]

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Tags: News · Politics

Congress: No Dice, Detroit

December 12th, 2008 · No Comments

While the $14 billion bailout package for Ford, GM and Chrysler managed to pass through the House or Representatives, the measure couldn’t muster enough votes to pass in the Senate. That’s tough news for both GM and Chrysler. The companies were dependent on immediate aid to fight off bankruptcy. Chrysler has already said it may [...]

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Tags: News · Politics

Detroit’s Reach Extends Far Beyond Michigan

December 11th, 2008 · No Comments

Considering that every other topic of conversation appears to be about the Big Three and whether or not they should have been hung out to dry, we thought you might want to know how bad of an idea letting them fail would have been. Cue a google map created by our friends at Jalopnik. It [...]

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Tags: Misc · News · Politics

Daily Show Tackles Detroit Bailout

December 5th, 2008 · No Comments

Jon Stewart has leveled both barrels of his comic shotgun at the proposed Detroit bailout, er, Congressional lending practices. As usual, Stewart lends a good bit of common sense to an otherwise insane situation. No matter where you stand on the Big Three beg-fest, the short bit’s worth watching if for no other reason than [...]

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Tags: News · Politics