Word: auto
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Dates: during 2000-2009
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...Stockman Rises Again End of story? Not quite. Turns out, Stockman may have time for that prison course in remedial economics after all. He was indicted a short time ago for securities fraud at an auto-parts manufacturer that he controlled. According to prosecutors, Stockman lied to banks about the firm's financial condition, inducing them to loan the company money it couldn't repay. He engaged in "round trip" transactions that involved masking loans - which were supposed to be repaid - as income. He exaggerated the manufacturer's prospects, knowing his claims were untrue, which led people to buy company...
...short, Stockman is resting on the "I'm a moron" defense. How could he be expected to notice that the entire American auto industry was collapsing around him? Don't confuse him with the facts: He was optimistic! You got a problem with optimism, you miserable government bureaucrats...
Charles Krauthammer chided Al Gore and Hollywood for being less green than they claim [March 26]. I suggest that for Krauthammer's next targets he look at more profound sources of the problem: auto companies that lobby to keep mileage standards low; energy companies that pay scientists to deny the human role in global warming; Vice President Dick Cheney, who pooh-poohed energy conservation and apparently met in secret with energy-company executives to create the country's energy policy; and President George W. Bush, who reneged on his campaign promise to regulate carbon output. Krauthammer could also report...
...easy to overlook how important a building like this one could be. While the power and auto industries get the bulk of the blame for the planet's carbon crisis, the business of operating office buildings and homes is responsible for 38% of U.S. CO2 emissions. In the case of offices, mid--20th century technology worked against us, as the development of low-temperature fluorescent lights and high-powered air conditioning made it possible to design sealed structures that you could drop into any climate. "It gave architects the power to design anything, then hand it over to engineers...
Michigan Democrat John Dingell will be a key player in the debate about lowering carbon dioxide emissions--not just on cars, but economy-wide. The new chairman of the House Committee on Energy and Commerce, Dingell comes from a state congenitally opposed to any measure that could pinch the auto industry. Democrats hope to spin that in their favor, arguing that any climate-change legislation that gets through his committee will have the legitimacy of having cleared a high...