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The Detroit News' own most original, free-thinking business writer, Danny "Boy" Howes, has managed to say exactly what Wert said on CNBC the other day without actually saying anything about Wert. Whether Howes was inspired while watching CNBC Friday or his opinions came to him in a dream, carried forth perhaps by dragon-messenger, we'll never know, but it's now conventional wisdom to those in the know that the Detroit Three's requested governmental cash assistance is not, in fact, a bailout — but will likely be spun as such by the rest of the media landscape. So, when your blowhard relatives start screaming about "another Detroit bailout," just remember to mumble "Bear Stearns" under your breath while clearing your throat. [Detroit News; Photo Credit: Markfive] More »
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The "180 in 180" plan was FoMoCo's way forward before there even was a "Way Forward." The plan, created by former Clinton pollster Mark Penn and his firm of Penn Schoen & Berland Associates, surveyed 5,000 Ford employees to ask them questions like: More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=206752&view=rss&microfeed=true Daniel Howes writing for The Detroit News sets the gold standard for automotive journalism. His news pieces are comprehensive, insightful, balanced and eloquent. Lately, Howes has eased-off the hard news and ramped-up his commentary. Specifically, he s written a series of columns analyzing Motown s woes, from GM s fall from grace to the region s faltering fortunes. While keeping one foot in objective journalism, Howes has gradually become the best (if not the only) cheerleader The Big Three have got. And now he wants a word with the President. More »
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