March 31, 2009 |
President Obama's plan to save failing U.S. automakers -- and make them the instruments for creating a cleaner, greener transportation system -- marked a major step across the line that traditionally separates government from private industry. His announcement Monday of a new position on bailing out Detroit went beyond a desire to be sure tax dollars were not wasted in bailing out struggling companies.
CALIFORNIA | LOCAL
December 20, 1985 |
Since it is more blessed to give than to receive, modern America must be counted among the most sanctified nations of the world. In a conversion equal to Ebenezer Scrooge's, we have embraced the spirit of Christmas giving in a fervor of benevolence that belies our earlier reputation as the stronghold of selfish materialism.
February 24, 1993 |
President Clinton this week has called for closer collaboration between government and industry on several fronts. Here is an assessment of the President's proposals: AIRLINES THE PLAN: President Clinton has proposed the creation of a national commission to recommend ways to help the ailing U.S. airline industry. The panel likely would examine ways to help U.S.
July 22, 1993 |
Detroit's Big Three auto makers had plenty of reasons to dread last fall's election of Bill Clinton. Not only was Clinton the first Democrat to make it to the White House in 12 years, but he and running mate Al Gore were committed to a strong environmental agenda that called for tougher fuel efficiency and auto pollution regulations.
March 31, 1985 |
One day in August, 1982, Walter F. Mondale sat down to read the manuscript of a new book titled "Minding America's Business" by Ira C. Magaziner and Robert B. Reich, advocates of a new approach to federal industrial policy, which concerns the government's relationship with particular industrial sectors. "This," he remarked enthusiastically to his wife when he finished, "should do it for the Democrats in 1984." For a time, Mondale's comment seemed prophetic.
February 24, 1993 |
The airline business, in a word, is in crisis. And that's the good news, because a crisis may be just what's needed to bring about new structures and arrangements in the industry. A stronger airline business could emerge from today's troubles--but salvation will be neither quick nor easy. And first we're going to get high drama on the national stage. President Clinton met Monday at Boeing Co.'s Seattle headquarters with the heads of the major airlines to determine what the government could do.