FROM John Stoll
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?
Obama Awaits Auto Restructuring Plans, Cools on 'Car Czar' Tomorrow's the day for Chrysler and General Motors to file restructuring plans in exchange for federal bailout money they got last fall. In the meantime, President Obama has dropped the idea of appointing a “ car czar ,” and the Wall Street Journal says one option General Motors will present is bankruptcy. John Stoll wrote the story .
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
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.