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Political Byline

A moderate libertarian-minded paleo-conservative voice deep in the land of liberalism

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Toyota is feeling the pinch too.

So much for that stupid  Neo-Con line saying that the slump in auto sales is the automakers fault.
Via the New York Times:
TOKYO — Toyota Motor will idle its plants in Japan for 11 days in February and March to reduce output in the face of steeply declining global vehicle sales, the company said [...]

More Signs of the Hard Times Ahead

This is just not a good thing, at all.
Via the New York Times:
With unemployment claims reaching their highest levels in decades, states are running out of money to pay benefits, and some are turning to the federal government for loans or increasing taxes on businesses to make the payments.
Thirty states are at [...]

Local News: It is not just the big three feeling the pinch

It seems that the big three are not the only automakers feeling the pinch.
Via Detroit News:
Honda Motor Co. is reducing production in North America by a further 119,000 vehicles in its fiscal year ending March 31, the company said Friday. Honda previously had announced output cuts of 56,000 vehicles for the year.
The Japanese automaker now [...]

The Automotive Bailouts: The Other Side of the Story

by @ Friday, December 12th, 2008. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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I have been sitting here, trying to keep out of this. But I have sat and looked at the Republican and Neo-Conservative Spin on this Story and I’m sick of it.
So, I am giving you, the other side of the story, from the horses mouth; without commentary from me.
I did not ask [...]

Yes, I know about it….

by @ Friday, December 12th, 2008. Tags: , , , , , , , , ,
Filed under Automotive Bailouts, Detroit, Jobs, Labor, Local, Michigan, Opinion, Politics, U.A.W., Unions

Yes. I know about this.
No, I am not happy about it.
I just need some time to think. Because, quite frankly, I have mixed feelings.
I’d rather not Blog about it. I get too angry and too emotional.
So, I’ll just not discuss it.

Welcome to my World!: New Unemployment Claims Reaches 26-Year High

by @ Thursday, December 11th, 2008. Tags: , , , , , , , ,
Filed under Barack Obama, Congress, Economy, Jobs, Labor, News, Opinion, Politics, economics

Video: (Via Breit Bart)

Back Story via AP:
New claims for jobless benefits rose more than expected last week, exceeding even gloomy expectations for an economy stuck in a recession that seems to be deepening.The Labor Department reported Thursday that initial applications for jobless benefits in the week ending Dec. 6 rose to a seasonally adjusted 573,000 [...]

Let’s Boycott Alabama