Labor journalist: Not so quick on the auto bailout11/20/08 Robert Lorei
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Good afternoon, welcome to WMNF’s Radioactivity, I’m Rob Lorei. Coming up: we’ll meet a Catholic priest who is one of the country’s leading peace activists, Father John Dear. We’ll also speak with a journalist about the latest on the possible bailout for the auto industry.
But first some listener comments about yesterday’s interview with Steve Yerrid, the lead attorney in the group of Florida lawyers who sued the tobacco industry 10 years ago on behalf of the state of Florida and won $15 billion to help the state pay for for health care costs related to smoking.
Aides to a bipartisan group of auto-state senators say they have reached a compromise to speed emergency loans to Detroit's Big Three car makers, according to the Associated Press. It was not immediatelyclear whether the compromise plan could draw enough support to get through a reluctant Senate. It would temporarily divert to troubled automakers money from a program that currently finances the development of fuel-efficient vehicles. The aim would be to cover their immediate expenses.
Our guest is Mark Brenner, director of Labor Notes, an independent publication based in Detroit that covers union issues. He’s been following the various proposals to bailout the big three American auto corporations and he joins us now.