http://cache.jalopnik.com/assets/base/img/thumbs140x140/jalopnik.com.png http://jalopnik.com/tag/auto bailout http://jalopnik.com/tag/auto bailout New York Times columnist David Brooks flip-flops on GM bailout. Thomas Friedman's totally never sitting at his lunch table again. [New York Magazine] More »
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Remember the $23 billion in "loans" the federal government handed over to GM and Chrysler? The government wants you to know you're probably not going to get all of it back. Act surprised. [AP via Twitter, Photo: Al Bello/Getty] More »
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The bailout loan's no longer just a $15 billion bridge loan for the not-so-Big Three to make it until the Obama administration, it's actually "bankruptcy lite." It's also a really good idea. More »
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Sen. John Ensign (R-Nevada) told CNBC this morning he's not happy with the auto bailout bill. The Senator from Vegas is so unhappy he's willing to gamble on a real bankruptcy occurring while he tries to figure out how to make a pre-packaged bankruptcy occur. But don't think Ensign's making his decision on high-minded principles. More »
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If you hadn't noticed yet, Tweedle-dee, Tweedle-dumb and Tweedle-how-stupid-are-you-to-take-a-fleet-of-jets and their scary Op-Eds haven't done anything to Save GM or either of the other not-so-Big Three. The Senate is not pleased with their behavior. But here comes Mitt Romney, "favorite son" of Michigan. The guy who took tons of auto-exec money and said this before the Michigan primary: More »
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