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The homeless beggar near the office was smoking a cigarette and had a pack in this shirt pocket as he offered his cup for a handout. ...more
November 23, 2008
Everyone has lost keys, money or their cell phone at some point, but Detroit has made losing a lifestyle. The Lions are 0-10, six losses away from finishing the season winless. Detroit already has lost fans, respect, and possibly its auto industry, but can start to shed its losing persona today when Tampa Bay travels to the Motor City. ...more
November 23, 2008
Now the big three tells us they need an infusion of cash to the tune of about $25 billion. ...more
November 22, 2008
Jarred by new jobless alarms, Congress quickly approved legislation Thursday to keep unemployment checks flowing through the holidays in December and into the new year for a million or more laid-off Americans whose benefits are running out. ...more
November 21, 2008
The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry. ...more
November 21, 2008
Rep. Henry Waxman - a liberal ally of Speaker Nancy Pelosi - has wrested the chairmanship of the powerful House Energy and Commerce Committee from veteran Rep. John Dingell when the new Congress convenes in January. ...more
November 20, 2008
A posse of several dozen auto dealers from across the country is blanketing congressional offices this week to tell legislators the $25 billion isn't just a bailout of Detroit's Big Three automakers - it's a local issue. ...more
November 20, 2008
Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, warning of a national economic catastrophe should they collapse. ...more
November 18, 2008
Hard-line opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-duck session of Congress. ...more
November 17, 2008
Even as Detroit's Big Three teeter on the edge of collapse, United Auto Workers President Ron Gettelfinger said Saturday the problem is not the union's contract with the automakers and that getting the companies back on their feet means finding a way to turn around the economy. ...more
November 16, 2008
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