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Trillions of dollars are being spent in the name of 'saving' the economy: bailouts, 'stimulus,' omnibus spending bills, budgets, government takeovers of the auto, health care and energy industries, all of which require ever more spending.
We have to ensure politically that what's doable can indeed by translated into law, but what's not doable mustn't become European law. Otherwise, the auto industry will work somewhere with higher carbon emissions - and we can't want that.
You can't be the accountant in your accounting firm. You can't cut the grass in your landscaping business. You can't work on the vehicles in your auto repair shop... And you really can't spend all of your time managing those actions, either.
Back when Detroit was the head of auto manufacturing, it was clear where profits were created. Right? A car was made in Detroit. There was little argument that you could make that some of the money from that should be sent overseas to Ireland.
I am not proposing that we bring our oil and auto industries to a screeching halt. There is still time to begin a series of gradual steps toward new transportation and energy policies, livable cities, and more humane, efficient transit systems.
If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you're going to have a government auto czar, right there, right down the line, that's socialism.
It's true that we have to have restrictions and tight rules and so on and it's also true that the teams are so close to that line they're going to create a P1 or P2, whatever it's going to be, I don't get worked over that because that's auto racing.
Historically marginalized populations have already had less access to wealth and credit building opportunities, and the continued use of credit histories to set auto insurance pricing compounds racial discrimination and exacerbates wealth inequality.
Most of my friends - when I was five, six, seven years old - their dads were working in an auto plant in Detroit until 5:30, and then they were sat in rush hour. They weren't around as much. My dad finished at three o'clock, so he was just around more.
I worked a lot of non-acting jobs for a really long time. They ranged from auto mechanic to landscaper to manual labor to working in a factory that made airplane parts. I even tried to go to school as a paramedic and ended up being an orderly in a hospital.
The auto industry must acknowledge that a rational transportation policy should seek a balance between individual convenience, the efficient use of limited resources, and urban-living values that protect spaciousness, natural beauty, and human-scale mobility.
We hear a lot about rebuilding Detroit, and we just spent $70 billion to bail out the auto industry - well, they need to be cost competitive, too. If they have high-cost energy, those suppliers are going to move to Japan or Mexico instead of Michigan and Tennessee.
More and more jobs are applying cutting-edge technologies and now demand deeper knowledge of math and science in positions that most people don't think of as STEM-related, including machinists, electricians, auto techs, medical technicians, plumbers and pipefitters.
My mother taught public school, went to Harvard and then got her master's there and taught fifth and sixth grade in a public school. My dad had a more working-class lifestyle. He didn't go to college. He was an auto mechanic and a bartender and a janitor at Harvard.
The video game culture was an important thing to keep alive in the film because we're in a new era right now. The idea that kids can play video games like Grand Theft Auto or any video game is amazing. The video games are one step before a whole other virtual universe.
The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now.
President Obama made the right choice, over one million Americans are still working today. The American auto industry is not just surviving. It is thriving. Where Mitt Romney was willing to turn his back on Akron, Dayton and Toledo, Ohio, the president said, 'I've got your back.'
Given that kids don't play our sport in school means that it takes us a while to get people excited about auto racing. But we are doing the things that need to be done and expanding our reach through digital and social media so we can capture the next generation of Millennial fans.
Day baseball is now dead for all practical purposes. Sooner or later, the game will be played in its entirety at night, and as I've said before, then baseball will be squarely in the amusement, the entertainment business along with wrestling, midget auto racing and the trotting tracks.
Finally, let's keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue.
Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your companies open. Because of your productivity, the combined auto companies have committed to invest another $23 billion in expansion in America.
My father is an amazing person. While he was a huge star, he never carried his stardom home and always remained simple and just our father at home. I have four siblings, and we were all very grounded. We lived a very simple life: would go in an auto rickshaw to school, played with normal boys.
Neither the George W. Bush nor the Obama administrations volunteered to bail out G.M., Chrysler and other parts of the auto sector. Both subscribed firmly to the longstanding American principle that government should resolutely avoid these kinds of interventions, particularly in the industrial sector.
In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.
In the studio you can auto tune vocals, and with drums, you can put them on a grid and make them perfect. I hate that sound. When someone hands me a record and the drums are perfectly gridded and the vocals are perfectly auto tuned, I throw it out the window. I have no interest in rock music being like that.
The Tea Party movement started in late 2008 as a rejection of President George W. Bush's bailout of the auto industry and Obama's excessive stimulus spending. It evolved into a movement opposed to ObamaCare, and grassroots efforts were employed to find qualified political candidates who could beat incumbents.
When President Obama entered the White House, the economy was in a free-fall. The auto industry: on its back. The banks: frozen up. More than three million Americans had already lost their jobs. And America's bravest, our men and women in uniform, were fighting what would soon be the longest wars in our history.
Ultimately, auto designers need to overcome market challenges with innovative design solutions. The automotive industry is at a turning point with environmental and economic conditions on one side and breakthrough technology on the other, so it will be fascinating to see how these design leaders envision the future.
I was driving by an auto auction one day, and they were auctioning off a beautiful Hispano-Suiza. I started bidding even though I hadn't even signed up with the officials. The last bid was $50,000, and it was mine. And I thought, 'My God, what have I done? I've never spent more than $500 in my life.' That was the first one.
In fact when you combine stem cell technology with the technology known as tissue engineering you can actually grow up entire organs, so as you suggest that sometime in the future you get in an auto accident and lose your kidney, we'd simply take a few skin cells and grow you up a new kidney. In fact this has already been done.
Nvidia's self-driving-car business grew out of a long-standing relationship with auto companies. Car guys used Nvidia chips for computer-aided design, then used Nvidia supercomputer chips to do crash simulations. When the car guys started thinking about autonomous vehicles, Nvidia leaped at the chance to help them solve the problem.
Detroit's financial challenges - the decline of the American auto industry, the impact of the global economic recession, declining population, and an erosion of the municipal tax base - are key to understanding what led this great city to an inability to provide basic city services or to carry out the normal functions of a municipality.
Whether the struggle was between English merchants and the American colonies, pre Civil War northern manufacturers vs. southern slave holders, or American grain farmers and auto manufacturers seeking advantage in the Mexican agriculture and labor markets in the 1990s, U.S. policy has reflected the economic clash of interests of the day.
In the very near future, I guarantee that the pictures you post on social media will affect your credit rating, health and auto insurance policies, and much more. It will all happen automatically. In a very real way, our rights and freedoms will be modulated by our metadata signatures. What's at stake, obviously, is the future of the human race!
