Why could today’s announcement of bankruptcy and government control by General Motors mean very bad news for Chrysler and Ford? How could the government show great favoritism towards GM? Will the government ever give up control? What other areas of the economy could the government be grasping for next? We ask Dan Ikenson of the Cato Institute.
Archives for June 2009
General Motors Exec John Smith on Bankruptcy Filing, Government Ownership of GM and More
On Monday, President Obama announced that General Motors would be following Chrysler into Chapter 11 bankruptcy protection. How is being received at GM, which was once the dominant player in the auto industry? Are GM leaders worried about heavy-handed government oversight? When will the loss of jobs and plants finally end? And can Chevrolet and Cadillac save GM? We ask John Smith, Vice President for Global Product Planning at General Motors.
Coalition Opposing Obama Health Plan Launches New Ad Campaign
President Obama wants Congress to pass universal health care reform and the get the legislation to his desk in less than two months. But a new coalition of groups concerned about this plan is unveiling a new ad campaign explaining why government-run health care should be the last thing Americans want. Why? What is happening in other countries that should concern us during this debate? What is happening in Canada that is forcing patients to the U.S. for urgent, timely care? Is Obama telling the truth when he says you can keep your current plan if you are satisfied? We ask Amy Menefee, policy adviser and spokeswoman for Patients United Now.
What Happened to the Doomed Air France Flight Over the Atlantic?
Early Monday, reports surfaced of an Iar France flight from Brazil to Paris that simply disappeared from radar. What could have happened? Is a lightning strike enough to doom a jetliner? How will an investigation proceed when experts don’t know where the wreckage is? And what is the safety record of Air France? We ask independent airline analyst David Field.