News
House Speaker Nancy Pelosi Calls for Government to Bailout Auto Industry
Less than a month after the U.S. government past measures to bailout Wall Street, House of Representatives Speaker Nancy Pelosi has called for a bailout of the auto industry as the nation’s leading car manufacturers face severe financial problems in the current economy.
Pelosi wants to allow car manufacturers to have the ability to apply for money out of the $700 billion bailout package that was already approved in October.
The House Speaker has warned that failure to aid car manufacturers would likely result in their collapse and stressed the need to release funds to sustain the car industry.
With General Motors announcing an operating loss of $4.2 billion in the third quarter and Ford reporting losses of $2.98 billion during the same period the U.S. auto making industry has suffered tremendously from slumping sales and the current credit crunch.
While it is clear the car manufacturers need money the idea of a bailout package has not been popular among many who say the government must draw the line and if the government continues to bailout individual corporations more problems will be created.
Click here for more Political News
About YourFindit
YourFindit Community is a business, music and social networking community. It caters to individuals providing them with a wealth of tools that enable them to create their own web site within YourFindit and display their content. Members can create free profiles that include an About Me, Background and Lifestyle, Videos, Music, Blogs, Photos, their unique URL and network with other members inside the community. YourFindit provides each member the opportunity to reserve an exclusive profile displaying only ads they upload on their pages. Members have the right to sell their ad space to advertisers.
To create your profile sign up and within minutes you too can have your People profile running your ads and building your network with new members daily.
YourFindit is owned and operated by TransWorldNews, Inc.
YourFindit profile where Your space is really Your Space
More News
Kathy Griffin Wants To See A Female President In Her Lifetime
Kathy Griffin Wants To See A Female President In Her Lifetime
Released On: 7/26/2019
Views: 2091
California To Become First State To Extend Health Benefits To Some Illegal Immigrants
California To Become First State To Extend Health Benefits To Some Illegal Immigrants
Released On: 6/10/2019
Views: 2063
First Lady Melania Trump Criticized For Leaving Sunglasses On During D-Day Ceremony
First Lady Melania Trump Criticized For Leaving Sunglasses On During D-Day Ceremony
Released On: 6/7/2019
Views: 2193
Donald Trump's Cabinet List Continues To Expand
Released On: 12/14/2016
Views: 7550
Donald Trump Faces A Turning Point In His Presidential Bid
Released On: 10/13/2016
Views: 6952
The Clear and Present Danger is Upon us Now
General David E. Quantock, the Commanding General of the U.S. Army Criminal Investigation Command (CID) in his official capacity as Provost Marshal General
Released On: 7/13/2013
Views: 10586
President Barack Obama Secures Re-Election Bid With More Than 300 Electoral Votes
The presidential election closed last night with incumbent Barack Obama defeating Republican challenger Mitt Romney. As of Wednesday morning, President Obama had secured his re-election bid with 303 electoral votes, a number well over the minimum ...
Released On: 11/8/2012
Views: 7467
LORD CHRISTOPHER MONCKTON AND AUTHOR, TOM BALLANTYNE TO SPEAK IN VENTURA COUNTY
MOORPARK, CALIFORNIA, WEDNESDAY, MAY 30, 6:30 P.M. — Lord Christopher Monckton and author, Tom Ballantyne, have teamed up to speak at this special event. They will be discussing the eligibility issue, specific concerns about the man who calls him ...
Released On: 5/29/2012
Views: 8064
Donald Trump Announces He Will Not Run For President
Donald Trump announced Monday that he will not run for president in 2012. The real estate mogul and reality show host cited his love for business as the reason behind his decision.
Released On: 5/17/2011
Views: 10527
President Obama Releases Birth Certificate, Donald Trump Takes Credit
President Obama Releases Birth Certificate, Donald Trump Takes Credit
Released On: 4/27/2011
Views: 8712
Donald Trump “Seriously” Considering Running For President
Donald Trump “Seriously” Considering Running For President
Released On: 2/11/2011
Views: 7466
November 2 Election Results for Arizona Governor and Senate
November 2 Election Results for Arizona Governor and Senate
Released On: 11/4/2010
Views: 14109
November 2 Election Results For Alabama Governor and Senate
November 2 Election Results For Alabama Governor and Senate
Released On: 11/4/2010
Views: 7946
Sen. John McCain to Block National Intelligence Director Nomination
Sen. John McCain to Block National Intelligence Director Nomination
Released On: 8/3/2010
Views: 4363
Rep. Maxine Waters (D-CA) Charged with Ethics Violations
Rep. Maxine Waters (D-CA) Charged with Ethics Violations
Released On: 8/3/2010
Views: 4001
President Barack Obama Signs Financial Reform Bill into Law
President Barack Obama Signs Financial Reform Bill into Law
Released On: 7/22/2010
Views: 8076
President Barack Obama to Meet with Relatives of Workers Killed in Deepwater Horizon Oil Rig Explosion
President Barack Obama to Meet with Relatives of Workers Killed in Deepwater Horizon Oil Rig Explosion
Released On: 6/11/2010
Views: 8965
Helen Thomas, Longtime White House Correspondent, Retires Following Criticism Over Recent Remarks Caught on Video
Helen Thomas, Longtime White House Correspondent, Retires Following Criticism Over Recent Remarks Caught on Video
Released On: 6/8/2010
Views: 7849
