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Just about everyone is conflicted on all the bailouts going on these days. Rescuing banks and automakers are sold to the public by telling us about the apocalyptic destruction that doing nothing would spark. So Americans are going deeper in debt, with no end in sight. It's a sickening feeling. ...more
December 12, 2008
Today, Detroit automakers take a second run at Congress to persuade lawmakers to give them $25 billion in federal aid, but their agendas are diverging as they contemplate futures as drastically different car companies. ...more
December 2, 2008
We all know that the federal budget deficit is huge and will continue to grow as long as Congress continues to bail out one company after another. So here's a budget item that Congress can freeze immediately if they choose to do so: Both the U.S. House and Senate should vote to forego pay increases for themselves and their staffs until the budget is balanced. ...more
November 28, 2008
The National Federation of Independent Business maintains that over one-half of our GDP comes from small business, yet the government and the public have little sympathy for all of the mom-and-pop companies that routinely fail due to their inability to be profitable. Conversely, the thought of a giant, inefficient and unprofitable corporation or industry going bankrupt is more than our government can bear. ...more
November 22, 2008
It is tempting to give General Motors the emergency federal cash it says it needs to stay in business. Jobs would be saved, at least for a while. ...more
November 15, 2008
AutoWay Chevrolet of Tampa Bay, a Tampa dealership, closed its sales operation Tuesday as General Motors continues to thin its dealership ranks. ...more
November 12, 2008
Autoway Chevrolet of Tampa Bay, a Tampa dealership, closed its sales operation Tuesday. Autoway Chevrolet is part of Fort Lauderdale-based AutoNation, which has been consolidating a few dealerships across the country as part of General Motors' plan to shrink its dealership base. ...more
November 11, 2008
General Motors is edging closer to running out of money, as slumping sales and deteriorating economic conditions drove the automaker to a larger-than-expected loss of $4.2 billion in the third quarter, excluding a one-time gain. ...more
November 8, 2008
After being outworked and outplayed for most of the night Saturday, the Lightning didn't exactly go out for a Sunday skate during practice. ...more
October 27, 2008
With starter B.J. Askew still on the shelf and backup Byron Storer headed to injured reserve, the Bucs are officially out of fullbacks. ...more
October 14, 2008
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