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Tag Archive: Ford

Do business groups’ pre-election forecasts follow their campaign money?

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Housing prices and consumer confidence are up but several business groups that have been in town this week have been delivering a distinctly gloomy view of the economy. While the groups have blue-chip reputations in the business world, what's less apparent is their track record of political giving -- one that raises some questions about the forecasts they are presenting six weeks before Election Day.

NAM LOGOFirst out of the blocks: the National Association of Manufacturers and the National Federation of Independent Business. The two groups teamed up at a Tuesday press conference to release a survey conducted by Public Opinion ...

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Financial Bailout: Do Interests of Automakers and Members Diverge?

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Reading the restructuring plan that General Motors put together makes me wonder whether, in a broad sense, there isn't an insuperable conflict of interest between members of Congress and the automakers. Consider just one aspect of the plan:

...the number of GM retailers is expected to decline to 4,700 by 2012. This will occur primarily in metropolitan and suburban areas where GM has too many dealers to serve the market. In the Plan, it is projected these dealers will be reduced by 35%, increasing annual throughput for the remaining outlets to a more competitive level with other high-volume ...

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