GM rescue fraught with political risks for Obama

Detroit Free Press by Todd Spangler | Jun. 2, 2009 (News Analysis)

... the president will have to explain to tens of thousands of people who lose their jobs why the sacrifice he has ordered for GM is best for them and the nation. Full Story »

Posted by Kaizar Campwala

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Subjects: U.S., Politics, Business
Topics: U.S. Economy, Obama Administration, Cars
Member Tags: GM
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Posted by: Posted by Kaizar Campwala - Jun 2, 2009 - 6:58 AM PDT
Reviewed by: Kaizar Campwala (review), Derek Hawkins (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Jun 2, 2009 - 6:58 AM PDT
Related Comments: Obama Administration (3)

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Derek Hawkins
3.1
 by Derek Hawkins - Jun. 2, 2009

A dishonest piece that's better classified as a conservative opinion than news analysis. There are strong arguments against nationalization of GM, but politics seem to drive those herein. Woefully short of data. LA Times is today's go-to for the case against, not this.

See Full Review » (11 answers)
Kaizar Campwala
3.1
 by Kaizar Campwala - Jun. 2, 2009

With the exception of the political risk section at the end, this is a mediocre analysis.

Kaizar posted this story.
See Full Review » (11 answers)

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3.1

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  • Obama’s Test - Restoring G.M. With a Limited U.S. Role

    New York Times by David E. Sanger | Jun. 2, 2009 (News Analysis)
    Over the next few months, Mr. Obama and his auto task force will face many tests as they try to create a new paradigm for the nationalization, however temporary, of a storied ...
    Posted by Kaizar Campwala
    4.2
     See Reviews »

  • U.S. Bets Billions on GM’s Resurgence

    Washington Post by Peter Whoriskey, Tomoeh Murakami Tse, Kendra Marr | Jun. 2, 2009 (News Report)
    ... the plan poses significant political risks for his administration. Obama is gambling billions that GM can rise again after years of decline.
    Posted by Kaizar Campwala
    4.2
     See Reviews »

  • No gain but we avoid a lot of pain

    Los Angeles Times by Michael Hiltzik | Jun. 2, 2009 (Opinion)
    Whether the government's novel venture into industrial ownership will save the economy, or whether it's even a necessary component of an economic recovery, are questions ...
    Posted by Kaizar Campwala
    4.1
     See Reviews »
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