Comments on: Bailout Watch 226: Senate Reaches Compromise on Bailout Bill

By: Geo. Levecque

Geo. Levecque — Thu, 20 Nov 2008 21:29:10 +0000

The News says that the new date for the Detroit 3 is Dec.8th to provide a proper Business plan to the Banking committee, guess they are hard at work, throwing something together that will pass muster eh?

By: Conslaw

Conslaw — Thu, 20 Nov 2008 19:35:13 +0000

I don’t see what they’re making a big deal about. I’m as much for energy efficiency as the next guy, but I know that if the D3 aren’t around to make ANY cars, they sure as hell won’t be around to make energy-efficient cars.

Early next year, President Obama will have the opportunity to revisit what’s left of the $700 billion TARP fund, and he’ll have to come up with a comprehensive energy plan. The energy plan will be a multiple hundred billion dollar plan itself. At that time, he can propose before a Democrat-dominated congress that they take $25 billion out of TARP and put it into the energy plan.

By: mikey

mikey — Thu, 20 Nov 2008 18:20:34 +0000

Hmmmm? That explains the jump in shares.

By: Stu Sidoti

Stu Sidoti — Thu, 20 Nov 2008 18:02:04 +0000

CAFE, Schmafeee…who cares? I mean seriously, if the automobile companies can earn 100mpg EPA ratings for plug-in Hybrids such as the Volt has been suggested it will earn, hitting 35mpg CAFE should only be a matter of sprinkling a few plug-in hybrids into your CAFE mix of numbers…and in GM’s case, remember that the Volt is not a one-trick pony, it is merely the figurehead of the E-flex technology that you will someday (hopefully) see on a wide variety of GM products around the world. Hopefully.

Yes…Senator Waxman is a royal asshole extraordinaire. A real gem.

By: indi500fan

indi500fan — Thu, 20 Nov 2008 17:52:21 +0000

Exciting times for sure.

I wonder if Mrs. Dingell will lose her GM exec job now that Mr. is irrelevant?

By: jgh

jgh — Thu, 20 Nov 2008 17:52:14 +0000

Oh man, are the ELFins and Sierra Club going to get their panties in a bunch over this one…

Whatever works though – I would expect the strings attached to be stiff.