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Colorado Businesses Concerned About Ripple Effect Without Auto Bailout
Source: thedenverchannel.com

All those who tout trickle-down economics, consider this... It may be easy to get irritated by multi-billion dollar bailouts, executive bonuses and seeming excesses, but many Colorado companies feel a bailout it the lesser of two evils when they consider the ripple effect.

Letter to Obama: What the Car Industry Needs Is A Steve Jobs
Source: TechCrunch

The people running the US auto companies are officious bumblers, the products stink, and the unions are a parasitic drain on the business. And yet the Government seems content to throw billions of dollars at the problem.

GM accepts need for drastic cuts as it seeks U.S. aid
Source: International Herald Tribune

The Big Three Car makers again go to congress. Interestingly, it is GM and Chrysler that really need help, and not Ford. Or the American branches of Japanese car makers.

America's Other Auto Industry - WSJ.com
Source: Wall Street Journal

As a result, for every UAW member working at a U.S. car maker today, three retirees collect benefits; at GM, the ratio is 4.6 to one.

Clout Has Plunged for Automakers and Union, Too - NYTimes.com
Source: The New York Times

When the leaders of the three Detroit auto companies and the United Automobile Workers union travel to Washington to make their case for a federal bailout, they will be flying into stiff headwinds of public opinion.

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