Published 11/13/2008
by matthew.yeomans
at The Big Money
Would Bush prefer to see GM go bust rather than be bailed out ? Even as House Democrats mobilize a rescue package for the Big Three, the Bush administration and Republicans in Congress are both reluctant to "pour taxpayer money into auto companies that face the prospect of long-term insolvency," and also skittish about involving the government further in the national econony, the Wall Street Journal reports.
read more
(link)
Tags:
Related Content
Bush Warns Against Dismantling Free Market System (Update1)
bloomberg.com 11/13/2008 — Nov. 13 (Bloomberg) -- President George W. Bush today will urge leaders of the world's biggest industrial and developing economies not to abandon principles of free-market capitalism as they seek an escape from the international financial crisis, ...
Bush Warns Against `Too Much' Government in Markets (Update2)
bloomberg.com 11/13/2008 — Bush Warns Against `Too Much' Government in Markets (Update2) By Simon Kennedy and Holly Rosenkrantz Nov. 13 (Bloomberg) -- President George W. Bush today urged leaders of the world's biggest economies not to abandon free- market capitalism as they ...
Obama wants auto industry reformer - Carrie Budoff Brown
politico.com 11/12/2008 — President-elect Barack Obama wants a high-profile point person to oversee reforms in the ailing auto industry, according to members of Obama s transition team. Specifics about the proposal remain unclear. But the transition team says Obama suggested ...
Bush Declares Capitalism Accomplished! —
The Big Money 11/14/2008
From defender of the free world to defender of the free markets, President Bush on Thursday delivered what the New York Times described as an "impassioned defense" of capitalism , declaring "the American system is still 'the engine of social ...
Politics this week —
The Economist: Full print edition 11/13/2008
Politics this week Barack Obama paid his first visit to the White House since winning America’s election to discuss the transition of power with George Bush. With Congress returning to pass another stimulus package, Mr Obama pressed Mr Bush on ...
Lexington: Ship of fools —
The Economist: Full print edition 11/13/2008
Political parties die from the head down JOHN STUART MILL once dismissed the British Conservative Party as the stupid party. Today the Conservative Party is run by Oxford-educated high-fliers who have been busy reinventing conservatism for a new ...