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By John R. Bolton
The president fiddles at his domestic altar while the world burns
Independent voices from the The Washington Times Communities
Topic - Center For Automotive Research
With final losses from the auto industry bailout near $15 billion, President Obama is using fuzzy math to claim that taxpayers lost no money on his administration's portion of the rescue program, analysts say.
When Jim Mattison was growing up in the early 1950s, he remembers visiting Detroit car dealerships with his family each fall to check out the new models. By the time he was in kindergarten, he could name any car's make and model just by looking at the hubcaps.
Auto sales are growing so fast that Detroit can barely keep up.
After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.
One of two men authorities say were inspired by the 2009 mass killing at a Texas military base pleaded guilty Thursday to planning an attack on a Seattle military-recruiting station with machine guns and grenades.
Negotiators for the United Auto Workers union and Detroit's Big Three automakers labored into the night Wednesday in a bid to avoid production disruptions and clinch their first labor agreement since the $80 billion government bailouts of General Motors Corp. and Chrysler two years ago.
In an industry first, Ford Motor Company will make sure all 2011 Ford F-Series Super Duty pickup customers - past and future - receive the added power produced by the all-new 6.7-liter Power Stroke V8 turbocharged diesel.