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Auto bankruptcy and the Frontline on the economic meltdown

Tuesday, February 17, 2009

GM and Chrysler representatives are in Washington. Is bankruptcy a possiblity?

Quinn speaks with an auto analyst from Auto Pacific, Jim Hossack.

What should unions do? Quinn talks to Wayne State Labor Professor Marick Masters.

The 21st Century Depression. How did we get here? Quinn speaks with the PBS producer of Frontline. This week's episode investigates the economic meltdown at its epicenter.

 

Listener Comments

I have BIG concerns with banks and Wall Street getting Carte Blanche with hundreds of billions compared to 10's of billions. The last contract should be allowed to remain. The concession given there should count for something. Let be fair. Enforce the same contrainst on white coollar banker who created this Ponzi mortagage scheme. How can we turn around this depression while putting more people out of work?!!
Tuesday, February 17, 2009 by Rick K
How can we convince the rest of the nation investing tax dollars in to the Big 3 is really worth it? We must get rid of the present day management of these firms it really is that simple.

The leadership in our state both private sector and public sector is dismal... The City of Detroit operates and is managed beter than GM/FORD/ Chrysler...

Wednesday, February 18, 2009 by Thrasher
It is intellectually dishonest to accuse "white coollar banker" of creating Ponzi mortgage scheme while conveniently ignoring the role played by such public policy malefactors as Jimmy Carter, Barney Frank, Christopher Dodd, the Congressional Black Caucus, Jim Johnson, Franklin Raines and President Barack H. Obama himself. These individuals (to name a few) started the Ponzi scheme and mandated compliance with its rules.
Moreover, it is folly to funnel untold (Trillions perhaps??) sums of public dollars to failing/inefficient private companies. Don't you learn from history: that type of policy foolishness hampered growth in such places as Soviet Union/Soviet Bloc countries, Cuba, North Korea, Mexico, etc. State subsidies of any kind are bad for business, hence for economic growth and wealth creation.
Thursday, February 19, 2009 by Boston Patriot
The information at this website will open a lot of eyes concerning housing the poor with government money and funneling this money into porkbarrel funding of private investors in HUD and the private prison system,as well as government insider's in a conspiracy to literaly steal trillions from the American public while also passing this money around many of our con-gressmen who need money to run for office and covert military projects ,like the Iran contra affair in the 1980's!


HOUSING AND ECONOMIC RECOVERY ACT of 2008
http://solari.com/archive/housing_bill/
Monday, April 20, 2009 by Some one who knows

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