Cars, Candidates, Loans, and Bailouts

[doug]

In Role as Kingmaker, the Energy Department Stifles Innovation | Autopia | Wired.com

TTAC posts a critique of Siry's article: Siry Slams DOE Loan Program For “Stifling Innovation” | The Truth About Cars

 

[dpeilow]

AFP: China overtakes US as world's largest auto market

 

[dpeilow]

Report: Senate likely to expand pro-electric vehicle law - Autoblog Green

Detroit 2010: Transportation Secretary LaHood ponders another round of cash-for-clunkers - Autoblog Green

 

[dpeilow]

XE.com - FACTBOX-Environment, high-speed rail hit in US budget deal

Didn't see this crowd complaining about cuts when the banks or Detroit needed the cash.

Some conservatives already are expressing opposition, saying the legislation falls short of what is needed to begin fixing an economy suffering from mounting debt and deficits.

Liberals say the bill focuses too narrowly on necessary domestic programs while letting unnecessary tax breaks for oil companies continue.

 

[TEG]

Politics | In D.C., disaster relief trumps calls for cuts | Seattle Times Newspaper

...House Republicans, who require spending cuts whenever new spending is proposed, said the FEMA funds would be paid by cutting $1.5 billion from an Energy Department loan program for the production of fuel-efficient vehicles. Aides said the bill probably would pass the House next week...

By the way, some related other topics:

Obama's new energy environment cabinet members
Tesla Motors and Government Money

 

[Tdave]

But loans are not spending!

 

[Lloyd]

They are if they don't pay them back!!

 

[Jaff]

They should have taken it from congressional & senatorial salaries...

 

[doug]

Autos Insider | Dems fight for auto funds | The Detroit News

 

[TEG]

Government EV Support Going Away, Bright’s COO Predicts

...TRAVERSE CITY, MI – U.S. government support for electric vehicles, in the form of loans to manufacturers and incentives for consumers, likely is drying up, Bright Automotive Chief Operating Officer Mike Donoughe says...

 

[vfx]

Government EV Support Going Away, Bright’s COO Predicts

Might as well add this
http://green.autoblog.com/2011/09/23/another-solyndra-pull-plug-new-vehicle-charger/

 

[TEG]

Government Shutdown Threatens Again : NPR

 

[dpeilow]

BBC News - GM shares dive on profit fall and weak outlook

 

[Mycroft]

IMO, the Spark (and the Focus Electric) proves that GM (and Ford) are dinosaurs. They were able to survive the Japanese invasion of the 80's, let's see if they're able to survive the Electric invasion of the 20-teens.

 

[dpeilow]

GM bounces back to overtake Toyota - Business - Scotsman.com

Let's see if all the "government motors" crowd find reason to celebrate that...

 

[dpeilow]

BBC News - General Motors unveils record profits for 2011

Obama really needs to make hay with this...

 

[dpeilow]

Romneys crash-and-burn on the auto bailout | MNN - Mother Nature Network

 

[dpeilow]

Newt Gingrich $2.50 gas petition | Facebook

 

[NigelM]

Newt Gingrich $2.50 gas petition | Facebook

From the link:

We the undersigned petition President Obama to act immediately to lower gasoline, diesel, and other energy prices.....

I'm confused....why do the free-marketers want to start price fixing?

 

[dsm363]

Great, isn't it. How does approving the pipeline and drilling for more oil and gas drop the price of gasoline to exactly $2.50 by this summer or even in the next 5 years? Unless he is arguing that all oil and gas drilled in the US stays here, is refined and then sold only in the US, then it won't make much of a difference in the world market.