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'NewsBusted' 6/12/09 — Fake News from the Right

In this episode, “NewsBusted” covers: China, Venezuela, The Fairness Doctrine, General Motors, President Obama, Minnesota Voters, Climate Change, Al Gore, Bob Woodward, the NBA, and Britney Spears. [youtube qm0nbRrDdS0 no link]

Reports Say GM Selling Hummer to Chinese Buyer

AP: General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand, while also revealing that it has potential buyers for its Saturn and Saab brands. GM has a tenatative

From the Vast Business Mind of President Obama

Barack Obama yesterday announced that auto giant General Motors has failed to take the restructuring steps necessary to remain viable and solvent. They will enter into chapter 11 bankruptcy protection. Don’t we wish we’d seen that coming before we loaned

Toyota Deep in Red

AP: Toyota Motor, the world’s top automaker, announced Friday a 4.4-billion dollar annual loss, its first ever, and warned it would plunge deeper into the red as car sales collapse during the recession. Toyota lost 765.8 billion yen (7.7 billion

Small GM Bondholders: Deal Will Wipe Us Out

Small GM Bondholders: Deal Will Wipe Us Out Associated Press Apr. 29, 2009. 11:33 PM EST A group of individuals who rely on General Motors bonds to pay their living expenses and other co… More A group of individuals who

Michael Moore Keeps Pulling Me Back In

No matter what I’m doing now or what I do in the future, I’ll probably always be known as the guy who made “Michael Moore Hates America.” I often wonder why I picked a fight with Moore. I mean really,

Auto Bailout Plan Hits $34 Billion

Executives from the beleaguered U.S. auto industry are driving into the nation’s capital with their hands out for $34 billion in government aid. General Motors is looking for $18 billion in government loans and credit loans, Ford wants $9 billion,