{"id":4831,"date":"2008-12-05T11:03:52","date_gmt":"2008-12-05T18:03:52","guid":{"rendered":"http:\/\/uprisingradio.org\/home\/?p=4831"},"modified":"2008-12-05T11:03:52","modified_gmt":"2008-12-05T18:03:52","slug":"should-the-auto-industry-be-nationalized","status":"publish","type":"post","link":"https:\/\/uprisingradio.org\/home\/2008\/12\/05\/should-the-auto-industry-be-nationalized\/","title":{"rendered":"Should the Auto Industry be Nationalized?"},"content":{"rendered":"<p><img decoding=\"async\" border=0 src=\"graphics\/listen.gif\"\/> <ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/www.archive.org\/download\/DailyDigest-120508\/2008_12_05_weissman.mp3\">Listen to  this segment <\/a><\/li><\/ul>| <a href=\"http:\/\/www.archive.org\/download\/DailyDigest-120508\/2008_12_05_uprising.MP3\">  the entire program<\/a> <\/p>\n<p><img decoding=\"async\" align=right width=55% src=\"http:\/\/d.yimg.com\/us.yimg.com\/p\/ap\/20081118\/capt.98f5b313f57f49b9926775ccef1bc833.congress_autos_dcev136.jpg?x=400&#038;y=289&#038;q=85&#038;sig=mOR8gbE.z2D9SkXad_OHVw--\" alt=\"Auto industry\" \/>CEOs from the Big Three Detroit-based automakers once again returned to Washington yesterday to beg for a bailout. Representing General Motors, Ford Motor, and Chrysler, the CEOs argued for up to $34 billion dollars in federal loans to avoid bankruptcy. Prior to this second round of hearings, which continues today, the Big Three submitted detailed plans on Tuesday outlining how they would go about using the funds if they were granted. Public opinion on the possibility of an auto bailout has reversed since the CEOs last visited Congress two weeks ago. At that time, one survey found 55% supporting federal aid for the auto industry. A more recent CNN\/Opinion survey taken earlier this week found that 61% of Americans now oppose an auto bailout. The political debate over the auto bailout has been far more contentious than the 700 billion dollar Wall Street package. With the U.S. economy in recession, bankruptcy for the Big Three could mean a loss of three million, mostly union jobs in related industries. The Senate is expected to debate the auto bailout on Monday.<\/p>\n<p><em>GUEST: Robert Weissman, editor of Multinational Monitor and the director of Essential Action.<\/em> <\/p>\n<p>For more information, visit <a href=\"http:\/\/www.multinationalmonitor.org\">www.multinationalmonitor.org<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>| the entire program CEOs from the Big Three Detroit-based automakers once again returned to Washington yesterday to beg for a bailout. Representing General Motors, Ford Motor, and Chrysler, the CEOs argued for up to $34 billion dollars in federal loans to avoid bankruptcy. Prior to this second round of hearings, which continues today, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-4831","post","type-post","status-publish","format-standard","hentry","category-daily-program"],"_links":{"self":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/4831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/comments?post=4831"}],"version-history":[{"count":0,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/4831\/revisions"}],"wp:attachment":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/media?parent=4831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/categories?post=4831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/tags?post=4831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}