Jeep Auto Workers Fear for Their Jobs After False Romney Ads in Ohio

By: Tuesday October 30, 2012 12:19 pm

Mitt Romney’s latest play for Ohio – which remains the touchstone of the entire election, desperate plays for Minnesota and Pennsylvania aside – apparently involves straight-up lying about the intentions of Chrysler to “build Jeeps in China,” to the extent that Jeep factory employees are calling their managers wondering if they still have a job. [...]

CFPB Report on Student Loan Servicing Shows Same Predatory Tactics as Mortgage Servicing

By: Monday October 22, 2012 7:45 am

The Consumer Financial Protection Bureau released an eye-opening report on student lending late last week that got me thinking about a simple truth I think I had overlooked previously. I’ve documented for well over a year the extent to which mortgage servicers make their profits almost entirely through ripping off their customers, adding on unnecessary [...]

Romney Profited From Auto Bailout

By: Thursday October 18, 2012 8:30 am

Greg Palast has a new story out about Mitt Romney’s profit from Delphi Automotive, an auto parts subsidiary of GM, during the auto rescue. No bailout of GM—or Chrysler, for that matter—could have been successful without saving Delphi. So, in addition to making massive loans to automakers in 2009, the federal government sent, directly or [...]

Debate Odds and Ends

By: Wednesday October 17, 2012 3:18 pm

A few more comments on last night’s debate: • I don’t think the college student worried about his job prospects was looking for the answer Obama gave about the budding rise of manufacturing. He’s not looking for a factory job. I think high-skill manufacturing should absolutely be part of the mix of the 21st-century job [...]

Carmageddon Experiment Shows Dramatic Increases in Air Quality as Car Use Falls

By: Wednesday October 3, 2012 12:59 pm

As a Los Angeleno, this one’s kind of personal to me. We just went through our second round of “Carmageddon.” A 10-mile span of the 405 freeway, the nation’s busiest, has been closed down twice in the space of a little over a year, to replace a bridge and widen the freeway to incorporate an [...]

Incumbency Has Its Privileges: When Criticized by Romney on China, Obama Administration Announces Trade Enforcement

By: Monday September 17, 2012 11:06 am

The United States has filed the latest in a series of trade actions against China at the WTO, this one objecting to unfair dumping of subsidized Chinese auto parts. But the relatively limited scope of the action, along with the political context, suggests this is about more than just unfair trade practices. The case brought [...]

The Gas Tax vs. Fuel Economy Debate

By: Wednesday September 12, 2012 12:55 pm

Eduardo Porter attempted to take the air out of one of the few carbon mitigation programs the Obama Administration has been able to approve, the increase in fuel economy standards. Porter’s perspective is basically that increased gas taxes make more sense than higher fuel economy, and that the latter carries unintended consequences. For the first [...]

Thoughts on Day 1 at the DNC – The Rise of the Social Liberals

By: Wednesday September 5, 2012 6:26 am

You can read the big prime-time speeches from San Antonio Mayor Julian Castro and First Lady Michelle Obama. They tell a coherent story of success borne out of struggle, the importance of government investment in education and opportunity as a bridge from the bottom, and the need to give everyone those same chances. They were [...]

The Story of the Janesville GM Plant

By: Thursday August 30, 2012 9:57 am

I’ve already made myself clear about our glorious post-fact universe, and I don’t really think these examples of the traditional media supposedly meeting their obligations relative to Paul Ryan’s convention speech fit the bill. These examples come from the segregated “fact-check” organizations and the opinion pages of the large newspapers and media outlets. The facts [...]

Lying in Post-Fact America

By: Thursday August 30, 2012 6:21 am

Last night, I considered firing up my Commodore 64 (yes, that’s what I use, what else is out there?) and documenting all the lies in Paul Ryan’s RNC convention speech. I could join TPM and The New Republic and The Daily Beast and Huffington Post and Wonkbook and probably half a dozen more. I could [...]

US Finalizes 2025 Fuel Efficiency Standard of 54.5 MPG

By: Tuesday August 28, 2012 10:21 am

The United States has finalized fuel economy rules that would increase the average to 54.5 miles per gallon by 2025, almost twice as much as the current standards. It’s the first update since the mid-1980s, and it should have a big impact on the annual cost of fueling up cars and trucks as well as [...]

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