Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
There is some encouraging news out of Detroit as August was the best month for the Big Three since 2009.
The search is on for two brazen robbers. They walked into a Denver jewelry store and demanded diamonds and cash with guns pointed at the store owner’s head.
A German-based company has donated $44 million in software to Colorado State University to teach students to manage large projects in hybrid vehicle design.
Colorado State University students will re-engineer a Chevrolet Malibu into a hybrid-electric or fuel-cell vehicle in a three-year project sponsored by General Motors and the U.S. Department of Energy.
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