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As goes General Motors, so goes the world? (www.salon.com) TMC

Whether you blame labor costs or management missteps or the (temporarily easing) energy crisis or the financial meltdown, there is no avoiding the conclusion that Detroit's Big Three automakers are in... More

Tags: tmc,salon,how the world works,general motors,global economy,automakers,economics,us automakers

Submitted about 1 year ago by robertharding | 1 Comments |

Is Detroit worth saving? (www.salon.com) TMC

Why bail out the car companies when they bailed out on us? General Motors and Ford burned through a stunning $14.6 billion in cash last quarter. G.M.'s stock has sunk so low that you could buy the... More

Tags: tmc,salon,detroit,us automakers,ford,gm,barack obama,barack obama administration,bailout,financial crisis

Submitted about 1 year ago by robertharding | 0 Comments |

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