The News Review:
- Bush Blinks on the Auto Bailout
- Left and Right Piling On
- US auto woes spell troubles for Japanese as well
Bush Blinks on the Auto Bailout
Wall Street Journal
Negotiating for a living is you know what they do. And they’re good very good. They know when somebody’s about to blink.
Left and Right Piling On
New York Times United States
Maybe they don’t deserve much. Detroit has many sins to answer for and it’s been doing plenty of answering. But — and I say this as someone who grew up in non-car-driving family in New York and who is the furthest thing from an auto aficionado — there is a kind of undeserved disdain even casual contempt that seems to characterize the attitude of the political and media elites toward the American auto industry. As Warren Brown who writes about cars for The Washington Post recently put it “There is a feeling in this country — apparent in the often condescending dismissive way Detroit’s automobile companies have been treated on Capitol Hill — that people who work with their hands and the companies that employ them are inferior to those who work with their minds and plow profit from information. How else to explain the clearly disparate treatment given to companies such as Citigroup and General Motors?” Now there are other ways to explain the disparate treatment of G.
US auto woes spell troubles for Japanese as well
The Associated Press
auto industry teeters on the edge of collapse its major rivals are hardly celebrating. Toyota and other Japanese carmakers say the bankruptcy of any of Detroit’s Big Three would spell serious trouble for them as well. Should that happen “the damage to our business is certain to be tremendous” Toyota Motor Corp.
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