Entries by emptywheel

The Auto Bridge Plan

Here’s what Barney Frank’s Financial Services Committee is proposing to bail out the US auto manufacturers, using money from TARP.Short-term Operating Plan – The automaker must submit a short-term operating plan that describes the intended use of the loans, including the commitment of resources to develop a long-term restructuring plan and repayment of the

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The Auto Bailout: Who Is In Favor of What

In this post, I described the three different proposed funds for the auto industry. Now, I’d like to lay out which politicians are advocating what. I’ll update this as we go forward.

Pro-Bailout

Carl Levin (and Jennifer Granholm and the rest of the MI delegation, both Democrat and Republican): Particularly given John Dingell’s current focus on retaining his Chairmanship, Levin has taken the lead on championing a bailout for the auto industry.

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T. Boone or not T. Boone

We have had quite the go lately here at the FDL Borg Hive over the automaker bailout and, more specifically, the most pressing of which is GM. For the moment though, I want to touch on a corollary to the future of the American auto industry, and that is the transition to clean and green that needs to occur for long term sustainability of Deetroit wheels.

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