Articles Written by:    PAUL DETRICK     

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GM PR Advisor Appears as 'Auto Analyst' to Argue for Bailout

CBS's "The Early Show" included a statement in its Dec. 18 report on the Big 3 bailout from "auto industry analyst," Dan McGinn. Letting the massive car companies fail "would be like 10 Katrinas hitting America at the same time," McGinn asserted. "The ...

From PAUL DETRICK, Newsbusters,  18 Dec 2008
Related Topics: Chris Matthews,  MSNBC,  General Motors

Kernen: Energy Czar Browner is 'Scary' during 'Once in a Lifetime Recession'

"But is this a little bit of a payback to the left? This lady is going to be our energy czar. She's going to coordinate all the different federal agencies. She wants at this point to, um, go back and revisit that California decision not - to not ...

From PAUL DETRICK, Newsbusters,  11 Dec 2008
Related Topics: Environmental Protection Agency,  White House,  U.S. Senate

Time Editor's 'Case for Saving Detroit:' Autos 'Too Big to Fail'

All comments are owned by whoever posted them and are subject to our terms of use. They should not be assumed to represent the views of NewsBusters. Select your preferred way to display the comments and click "Save settings" to activate your ...

From PAUL DETRICK, Newsbusters,  4 Dec 2008
Related Topics: U.S. Congress,  American International Group,  U.S. Republican Party

Michigan Mayor: No Auto Bailout Will Mean Depression

That was the warning from the mayor of Lansing, Mich., on CBS' "The Early Show" Dec. 2. "You know this is a sure prescription to go from recession to depression if you allow this auto industry, our manufacturing prowess, to fall by the wayside," Virg ...

From PAUL DETRICK, Newsbusters,  2 Dec 2008

Fox Biz Anchor 'Frustrated' by Misuse of TARP

"I mean, look, we are now at levels at least on the S&P that we haven't been since 1997. You know, people are pretty unhappy with how the TARP fund is going," Glick said in an interview with NYSE Euronex CEO Duncan Niederauer. "I mean, it's got to be - ...

From PAUL DETRICK, Newsbusters,  21 Nov 2008
Related Topics: Duncan Niederauer

Stanford Prof.: U.S. 'Not in Anything Resembling' Great Depression

"Well, we're not yet in anything remotely resembling the crisis, the scale of crisis of the Great Depression." When Franklin Roosevelt took office in 1933, 13 million Americans were unemployed. "That was 25 percent of the work force," Kennedy told ...

From PAUL DETRICK, Newsbusters,  20 Nov 2008
Related Topics: Tom Keene,  Securities and Exchange Commission

FBN Anchor: Treasury’s Misuse of TARP ‘Outrageous’; a ‘Mess’; ‘Does Not Make Sense’

Treasury Secretary Henry Paulson announced Nov. 12 he would be redirecting the $700 billion bailout to focus on propping up financial institutions instead of buying troubled mortgage assets, which was the original intent of the rescue plan. Glick, the ...

From PAUL DETRICK, Newsbusters,  13 Nov 2008
Related Topics: Henry Paulson

NYTimes.com Video: 'Lesson' from 1930s is that Government is the Solution

"I agree with you," economics reporter Louis Uchitelle said, also pointing out that it took two years before the government really "stepped in and acted" during the Depression - referring to Franklin Roosevelt's action. Norris said one of the first ...

From PAUL DETRICK, Newsbusters,  7 Nov 2008
Related Topics: Louis Uchitelle

Corzine 'Not Going to Say Never' to Treasury Position

Who's going to be the leader of the financial world in the role of Treasury Secretary under President Obama? It may be Democratic New Jersey Gov. Jon Corzine, who has pushed for an additional economic stimulus package to the tune of $300 billion to ...

From PAUL DETRICK, Newsbusters,  5 Nov 2008
Related Topics: Jon Corzine,  Barack Obama,  Joe Kernan

CNBC: Obama Win 'Great' for Limbaugh, Hannity

An Obama victory could boost conservative talk show hosts according to CNBC's "Squawk Box" this election day. The show was more skeptical over the future of left-wing talk. Always with the rhetorical questions, Joe Kernan got things started: Who is ...

From PAUL DETRICK, Newsbusters,  4 Nov 2008
Related Topics: Barack Obama,  U.S. Republican Party,  CNBC,  Joe Kernan,  Rush Limbaugh

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