Historyguy.com Economic/Mortgage Crisis Bailout (2008) Automobile Industry Bailout

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As the economic crisis in the United States and throughout the world deepened after the U.S. presidential election in 2008, the initial willingness of Congress and the White House (under Bush), to bailout the financial industry with the $700 Billion TARP program, led many in other affected industries to also seek out financial aid to avoid financial ruin and bankruptcy. The Unites States automobile industry, specificially the "Big Three" of General Motors, Ford, and Chevrolet, to plead their case to Congress for a part of the bailout money.   Links and Resources on the Auto Industry Bailout proposals and details:   Detroit Automakers Await Deal on Auto Loans: US automakers discuss aid for troubled auto industry with Bush administration--ABC News, Dec. 15, 2008 Tough line on auto bailout may extend to other industries--Christian Science Monitor, Dec. 14, 2008 After bailout failure, who are the top ‘car czar’ candidates?--Michigan Messenger, Dec. 14, 2008 Auto bailout's death seen as a Republican blow at unions - LA Times, Dec. 13, 2008 Cheney: It's 'Herbert Hoover' time--Politico, Dec. 12, 2008 $14B auto bailout dies in Senate - Yahoo! News, Dec. 12, 2008 White House may tap Wall Street fund for autos - Autos- msnbc.com, Dec. 12, 2008 U.A.W. Makes Concessions--AARP Bulletin, Dec. 4, 2008 Auto bailout debate: What's at stake - CNN--Nov. 17, 2008

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