By Sen. Jim DeMint
You’d think the Obama administration is busy enough controlling the banks, insurance companies and automakers, but thanks to whistleblowers at the Department of the Interior, we now learn they’re planning to increase their control over energy-rich land in the West.
A secret administration memo has surfaced revealing plans for the federal government to seize [...]
Via: Jalopnik
The FBI just confirmed to us they raided the offices of Yazaki North America, Denso International and Tokai Rika (TRAM). Though all are Toyota supplies they’ve yet to confirm if this is a part of an ongoing probe into Toyota’s 1.4 million unit recall, and a larger antitrust action confirmed by Toyota to MSNBC.
According [...]
Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years.
That could add up to a “new normal” of higher joblessness and lower standards of living for many Americans, some economists are suggesting.
The words “it’s different this time” are always suspect. But [...]
European stocks dropped for a third straight week, the longest stretch of losses since March, as concern mounted that the economy won’t recover soon.
Volkswagen AG slumped 6.3 percent, leading declines in automakers, after U.S. car sales fell in June and Credit Suisse Group AG cut its assessment of the industry. ThyssenKrupp AG, Germany’s largest steelmaker, [...]
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U.S. auto parts makers Visteon Corp (VSTN.PK) and Metaldyne Corp filed for bankruptcy on Thursday, becoming the latest casualties of the global auto industry crisis and adding to the pressure on cash-strapped automakers.
Visteon, the former parts unit of Ford Motor Co (F.N), said the No. 2 U.S. automaker had made a commitment to support bankruptcy [...]
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