Tag Archives: cars

What to Do When Your Clunker Eats Your Cash

All the recent headlines about Cash for Clunkers mean that a lot of people have new cars on the brain. But not every old car qualifies for the credit, so it’s hard seeing all your neighbors pull up in brand new rides when you’re still slogging to work in the same car that saw you through college. [...]

Uncle Sam Giveth New Auto Tax Breaks, Taketh Old Auto CEOs

As you already probably know, General Motors CEO Rick Wagoner has been asked to step down by the White House after 32 years with the company. As the AP notes: Wagoner isn’t the first CEO to lose his job as part of a government bailout. The CEOs of mortgage giants Fannie Mae and Freddie Mac [...]