All Posts Tagged With: "bankruptcy"
Government Motors
Government Motors by Michael Heberling Michael Heberling (mheber01@baker.edu) is president of the Baker College Center for Graduate Studies in Flint, Michigan. If Washington owns it, it just can’t keep its hands off. —Senator Lamar Alexander Twenty-five years ago President Reagan told auto workers in Orion, Michigan, “You’ve demonstrated when the chips are down, what people [...]
23Oct2009 | Michael Heberling | 6 comments | ContinuedBankruptcy Doesn't Equal Death
Good article on the more honorable option of bankruptcy for the failed auto companies in the WSJ today by Freeman columnist Don Boudreaux:Bankruptcy Doesn’t Equal Death
11Dec2008 | Mason Drake | 0 comments | ContinuedThe Futility of the Government Airline Bailout
In recent years many airlines have struggled, and following
9/11 Congress passed a massive aid package aimed at rescuing the industry. After years of government aid it is appropriate to ask what has been accomplished.
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