Veteran journalist Carl Hoffman believes he’s solved one of the great mysteries of the 20th century. In 1961 at the age of 23, Michael Rockefeller – son of New York Governor Nelson Rockefeller and a member of one of the richest and most powerful families in America ¬– travelled to remote New Guinea in search of primitive art for his father’s new museum.
Industry Analyst Predicts Temporary Rescue For U-S Automakers.
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The U-S senate this week is expected to consider a bill to rescue or bail-out the domestic auto industry. Both senators from Ohio, Democrat Sherrod Brown and Republican George Voinovich express support for the rescue plan. But, its uncertain whether the measure has enough support in a lame-duck congress.
Click the Listen Icon to hear extended interview with James Rubenstein.
Miami University professor James Rubenstein closely monitors the auto industry. He says domestic auto makers are trying to weather what he calls a “cyclical crash” as car sales have dropped by nearly half in the past several months. But, he says its unlikely Washington will allow General Motors to go bankrupt.
“I do not believe the outgoing administration and the outgoing congress will want G-M to fail in a lame-duck session and in the final months of an eight year administration.” Says Rubenstein.
Rubenstein says Detroit automakers employ more than 30-thousand Ohioans. And, an additional 100,000 Ohioans are employed in the auto parts industry.
Tom Borgerding WOSU News.