by Jane Richey | Nov 30, 2013 | Constitutionally Limited Goverment, Politics
General Motors Corp. (GM) is recalling 18,941 Chevy Camaros (model years 2013 and 2014) for violating Federal Motor Vehicle Safety Standard No. 208—Occupant Crash Protection. Defective seat belts? Air bag malfunction? Brake failure? Nope. GM is recalling 18,941 Chevy...
by Jane Richey | Aug 22, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Only 65 percent of the nearly $80 billion that President Obama unilaterally diverted from the Troubled Asset Relief Program (TARP) to bail out the auto industry over the strong objections of Congress has been recovered, according to the U.S. Treasury Department’s July...
by Jane Richey | Aug 17, 2012 | Constitutionally Limited Goverment, Free Markets
President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly...
by Jane Richey | Aug 11, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
President Barack Obama said in two separate speeches in Colorado Thursday that what he did with the auto industry – a taxpayer bailout followed by bankruptcy and restructuring — “we can do it in manufacturing across America.” This comes just a month after...
by Jane Richey | Aug 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The chairman of the House Oversight and Government Reform Committee said Friday that President Obama used the bailout of U.S. auto companies to “strong-arm” them into agreeing with high gas-mileage standards. Rep. Darrell Issa (R-Calif.) said the standards, which call...
