FROM Bert Boeckmann
The Auto Industry: In Survival Mode President Obama's automobile task force is in Michigan this week to assess the so-called “viability plans” of Chrysler and General Motors. Meantime, auto sales have taken a nosedive. GM is down by 53 percent since last year, Ford by 48% and Chrysler by 44%. Toyota sales are off 40% and Honda has dropped by 38%. How important is the price of gas? How difficult is getting a loan? Are car sales tied to housing? We talk with the world's biggest Ford dealer and others about the present and future of the automobile. What would “an intelligent transportation system” look like?
Car Sales Drive off the Proverbial Cliff President Obama’s automobile task force is in Michigan this week to assess the so-called “viability plans” of Chrysler and General Motors. The task force already has determined not to recall the $17 billion in government loans approved by the Bush Administration, and have emphasized that bankruptcy is not their preferred option. But their final decisions won’t be made until end of this month. Meanwhile, auto sales are in free fall, especially among the gasoline-saving hybrids beloved by politicians who want the industry to turn “green.” How important is the price of gas? How difficult is getting a loan? Are car sales tied to housing? We talk with the world’s biggest Ford dealer and others about the present and future of the automobile. What would “an intelligent transportation system” look like?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?