US automakers, promising cuts, now ask for $34 billion

The Big Three automakers are now seeking even greater sums of money, in the form of loan guarantees from the US government, simply to stay liquid and keep operating.  The automakers have submitted to Congress...

CEOs take private jets to beg for billions

American auto company CEOs flew to Washington on Wednesday to continue stating their case for billions of dollars in taxpayer bailout money. Their method of transportation, Private Jets, that have an estimated...

Big 3 bailout: Ripple effect of inaction could cripple the US economy

The Big 3 automakers are asking Washington for bailout money and this has caused a tizzy of controversy, but the bottom line is that the ripple effect of government inaction could cripple the US economy and be...

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