Two Quick Auto Bailout Links


For your viewing pleasure:

(1) A list of the 18 Republican Senators who voted for the $700 billion bailout for America’s banks but against $14 billion to save America’s automakers. (Cutting wages and benefits, which was of crucial importance when it came to the Detroit, didn’t seem to matter all that much when it came to Wall Street.)

(2) A well-reasoned case by Nobel Laureate (and Mother Jones contributor/interviewee) Joe Stiglitz in favor of letting American automakers go into Chapter 11 bankruptcy.

Fact:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn’t fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation so we can keep on doing the type of journalism that 2018 demands.

Donate Now