Green Cars Take Center Stage At Auto Show

21 Nov 2008

Unemployment Benefits Extended

With unemployment on the rise, and no turnaround expected soon, Washington moved quickly this week to make sure checks weren't cut off for millions of Americans who are seeking jobs.

"… make things worse all the academic evidence shows that when you extend unemployment benefits. You extend unemployment. In effect you're paying people not to have a job so what do they go. They're much less likely to get jobs still uncertain is the fate of hundreds of thousands of auto industry jobs. Friday General Motors announced production cuts at five factories. Extending unemployment benefits will cost about five and a half billion dollars reporting from Washington I'm Sally -- …" at 1:05

"… in Iraq must have a different. It's going to get anything accountant. Chattanooga some things you you'd. Normally do she's hoping this Washington agency can help -- training for a new career pharmacy technician but …" at 0:14

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21 Nov 2008

Next Round: GM CEO Says He'll Be Ready

General Motors CEO Richard Wagoner says his company will have a detailed plan for Congress when another round of auto bailout hearings begin in December.

"… We have detailed plans and certainly address the issue of the long term viability of the company and I think the other word they use quite a bit depressed perhaps accountability which is obviously that's that's …" at 0:29

"… future product plans technology plans and and financial plans would be competitively sensitive information. And so for variety of reasons it. We wouldn't -- be -- publicly so we need to understand how how they want …" at 1:00

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20 Nov 2008

UAW Chief Makes Public Plea For Bailout

United Auto Workers President Ron Gettelfinger says "inaction is simply not an option" when it comes to a public bailout of General Motors, Ford and Chrysler.

"… I stress could see -- collapse. Of one or more of the domestic auto companies. The end of this year. That calls that would fall from this are simply. Too great. You've heard the numbers. Three million jobs. We have a million retirees and spouses independence. That would be losing possibly their pension. And are there health care benefits. The federal government would be saddled. …" at 0:44

"… the cost of not acting could be devastating. -- to workers and retirees in the industry. And millions of other workers and retirees. Across this country and to our entire economy. And while there have been disagreements. About the precise mechanism for providing. Assistance to …" at 0:08

"… governments dropping. Forcing cuts in vital public programs. And to prevent these devastating consequences. The Bush Administration and congress needs to act now to day. To provide an emergency bridge loan to the domestic companies. Two …" at 1:34

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