By on March 3, 2016

President Barack Obama, Vice President Joe Biden, and Secretary of Transportation Ray LaHood announce "A Vision for High Speed Rail," April 16, 2009, Image: Chuck Kennedy/White House

The year is 2010. Hope and Change still lingers in the air. The water in Flint, Michigan is passably safe to drink. And Donald Trump doesn’t have a single pledged delegate to his name.

This year saw $8 billion from the $831 billion American Recovery and Reinvestment Act of 2009 (ARRA) appropriated to dozens of so-called “high speed rail” projects across the country. The projects were said to be “shovel-ready” — and some were — but many are still ongoing, er, creating jobs today.

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By on December 22, 2014

ally-stock-exchange-banner-Article-201404101441

With its GMAC Financial leather jacket burning in the closet while a supermodel lip-syncs in the tub, Ally Financial is at last free from government ownership.

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By on October 30, 2014

David Friedman

Think you could be the National Highway Traffic Safety Administration’s next top boss? Then you’re in luck: The Obama administration is looking for someone to fill the shoes currently worn by interim chief David Friedman.

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By on May 22, 2014

GM RenCen Storm Clouds

Detroit Free Press posits the endless recall parade General Motors has been leading since late February 2014 may be doing more harm than good for public perception or its bottom line. Though spokesman Greg Martin claimed the recalls were an effort to make his employer “a first-class safety organization” by focusing hard upon the consumer, a survey by AutoTrader found 51 percent of auto consumers were less confident in the industry’s overall safety record as a result of the actions by GM, up from 44 percent who thought the same five days’ earlier. In addition, the automaker will take a $400 million charge in Q2 2014 for the recalls since April 1 as of this writing, while its current stock price of $33.07 per share is a few cents above its IPO price from November 2010.

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By on May 15, 2014

traffic

With 112,000 infrastructure projects and 700,000 jobs at stake, the Obama administration and Secretary of Transportation Anthony Foxx are both urging Congress find a way to provide funding to the United States Highway Trust Fund before the well goes dry as early as August.

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By on April 30, 2014

Syracuse Road Construction - Utah DOT

A $302 billion, four-year plan to fund the U.S. Highway Trust Fund — and, in turn, any road and transit projects on the table during the period — was brought before Congress by the Obama administration through the U.S. Department of Transportation.

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By on April 3, 2014

U.S. senator accuses GM of 'culture of cover-up'

On the second and final day of testimony before Congress, The Detroit Press reports the U.S. Senate Commerce, Science and Transportation subcommittee fired several volleys at General Motors CEO Mary Barra over her lack of answers or greater action during the ongoing GM ignition recall crisis.

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