February 07, 2009

More Letters to the Editor  02/07/09 12:01 AM

The president is implementing a socialist policy; the government is planning the direction the Big Three will go, in order to become more competitive. This policy is detrimental to the consumer because under this plan, car prices would cost $2,000-$10,000 more. What I find ridiculous is that the government is loaning $25 billion to the Big Three to manufacture green cars at a higher price.


January 13, 2009

Auto industry: Glory Days  01/13/09 12:01 AM

During the 1950s, the Detroit Lions won three NFL championships. Bobby Layne, Doak Walker, Lou Creekmur, and others confronted the Cleveland Browns in gridiron Armageddons. Subsequent Lions teams did not attain similar glory, but the franchise boasted legends such as Joe Schmidt, Night Train Lane, and Yale Lary. Deep in the long ago we attended a Thanksgiving Day game against the Oakland Raiders, sat directly behind a post, could not see a thing, and had a blast.


December 10, 2008

Loans Could Make the Difference  12/10/08 12:01 AM

Virginia members of Congress should support providing domestic automakers access to temporary bridge loans—our economy and millions of jobs could depend on it. The American auto industry consists of much more than just three CEOs, and it stretches far beyond Detroit. If even one automaker was allowed to fail, it could create a ripple effect that would cost jobs in every state with car dealers, suppliers, retirees, and workers who depend on the auto industry to support them and their families.

VCU expert says ‘car czar’ key to auto bailout  12/10/08 12:01 AM

VCU expert says ‘car czar’ key to auto bailout

Economist George Hoffer says money isn’t the most important part of the bailout package that Congress and the White House have proposed for the U.S. automobile industry. The $15 billion in loans for two automakers would be a fraction of what the industry needs to survive, while the power of a proposed “car czar” is the most critical piece of the package, said Hoffer, a professor at VCU and an expert in transportation issues who has studied and written about the auto industry since the 1960s.

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