Massachusetts: Chrysler

June 1, 2009 - 12:03 pm
NEWS FEED: Boston Globe

Obama says Chrysler deal offers hope to GM

President Obama, as the federal government deepens its involvement and ups its ante in GM, is taking solace in a step forward for Chrysler -- a bankruptcy judge's approval of its sale to Italian automaker Fiat. The decision "paves the...

May 20, 2009 - 10:49 pm
NEWS FEED: Blue Mass Group

"Why We Fight"

As has been noticed, Porcupine has been fighting to convince the Senate not to gut the DTA car program.  There are a few final observations that need to be made - hopefully, BEFORE the Senate reaches a decision on Sen. Baddour's amendment.

First - since when does Porcupine, Slayer of Taxes, advocate for government spending?  This is really an illustration of why Porcupine doesn't go over to the Libertarians entirely, but remains a Republican.  Not all government spending is automatically bad.  Government can and should be made smaller and more efficient, but this program is an example of teaching a man to fish.

April 30, 2009 - 12:55 pm
NEWS FEED: Boston Globe

Obama says Chrysler has 'new lease on life'

President Obama announced today that Chrysler will partner with Italian company Fiat and go through a quick bankruptcy, moves he said will give the storied US automaker a "new lease on life." The partnership, he said, will save 30,000 jobs...

Tue, 12/09/2008 - 09:29

AP: Brockton native under consideration to be ‘car czar’

Kenneth Feinberg, a Brockton native and administrator of the Sept. 11 Victim Compensation Fund, is under consideration to oversee the $15 billion bailout of the auto industry, the Associated Press reports.

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Fri, 12/05/2008 - 10:24

Frank: Auto industry bailout should focus on preventing future disaster, not punishment

Congressman Barney Frank said Friday that any action Congress takes to help the U.S. auto industry should focus on preventing future damage to the country's financial markets, not punishing any specific parties for previous missteps.

Frank's remarks came at the opening of a hearing of House Financial Services Committee, which he chairs, at which executives of General Motors, Chrysler and Ford sought money from the government.