The American automobile industry has been hanging on, it seems, for decades now. The Big Three have sputtered and struggled through the decades since the rise of foreign competition, seemingly always on the brink of colossal failure. That time appears to have now finally come. Read the full story

Recent news out of Washington seems to indicate that the United States Congress has reached a “midnight hour” compromise on a $700 billion bailout package for the nation’s faltering financial industry. The money would be used to prop up struggling corporations and keep them from completely collapsing under the weight of their own debt and mismanagement. Read the full story