Tag Archives: Chrysler

Tornoe’s Toon: Markell vs. Goliath(s)

jack markell delaware david versus goliath

As a cartoonist, I’m very rarely afforded the opportunity to do a “positive” cartoon. But Gov. Markell has overcome a lot of obstacles thrown at Delaware amid this terrible recession, including the recent sale of the shut-down Valero refinery in Delaware City to PBF Energy. So I felt it was proper to give him some props.

Next week, back to pointing out the absuritidies of our public officials and the boneheaded ways they try to run our government. Karen Weldin Stewart, I’m looking your way…

If you’d like to contact me, feel free to drop me a line at robtornoe@delawareliberal.net. You can also follow me on twitter @RobTornoe.

Breaking News

Virginia governor Democratic primary

That was over quick. State senator Creigh Deeds pulls off an impressive victory over a big name with big money Terry McAuliffe.

Democratic Primary For Governor (70% of Precincts Reporting)

Creigh Deeds 101,278 (50%)
Terry McAuliffe 53,117 (26%)
Brian Moran 48,632 (24%)

Deeds will face Republican Attorney General Bob McDonnell in November.

Chrysler BK

The Supreme Court lifts the stay on the Chrysler bankruptcy. That means the sale of Chrysler to Fiat can go forward. The court made clear, though, that this doesn’t necessarily means that a GM bankruptcy will automatically go forward.

Ending more than three days of intense, round-the-clock and high-stakes legal maneuvering in the Supreme Court, the Justices on Tuesday evening without dissent removed a legal obstacle to sale of the troubled auto industry giant, Chrysler.

Insisting that it was denying a postponement “in this case alone,” the two-page order said the challengers had not met their burden of showing that a delay was justified. The reference to this case alone perhaps was a signal that the Court did not want its order to appear to give advance clearance for any other government rescue plan — such as that to save another auto company, General Motors.

The order allows a closing of the deal by no later than next Monday, because it lifts a temporary stay that Justice Ruth Bader Ginsburg had issued on Monday; she did so, apparently, only to give the Court time to ponder the issue.