Log In | Register
155 Comments
PrintAuto rescue bill in peril, opposed by GOP senators
Wed Dec 10, 2008 5:42 PM EST
Images 
(showing 1 of 4 photos)
(showing 1 of 4 photos)advertisement
WASHINGTON — The House pressed toward passage of a $14 billion bailout for the nation's imperiled auto industry Wednesday night, but the hard-fought deal between Democrats and the Bush White House was in jeopardy amid strong opposition from GOP senators.
Republicans were in full revolt against their party's lame-duck president over the measure, balking at helping Detroit's struggling Big Three without hefty concessions from autoworkers and creditors, and furious about an environmental mandate House Democrats insisted on including in the measure.
Democratic leaders still held out hope that the emergency aid could be enacted by week's end.
The White House, though not formally endorsing an agreement with congressional Democrats, dispatched administration officials to Capitol Hill to make a case for the rescue package. During a contentious, closed-door luncheon with Senate Republicans, White House Chief of Staff Josh Bolten got an earful of criticism from the rank-and-file, some of whom have already announced plans to block the measure.
"They got a good dose," said opponent Tom Coburn, R-Okla., as he emerged from the session.
Even auto state Republicans who have pushed hard for a bailout said the measure needed work. Sen. Kit Bond, R-Mo., said he wanted to see changes. And Sen. George V. Voinovich, R-Ohio, said the bill didn't have the necessary Republican votes to pass Congress.
The plan would provide money within days to cash-starved General Motors Corp. and Chrysler LLC, while Ford Motor Co. — which has said it has enough liquidity to stay afloat — would be eligible for federal aid as well.
It would create a government "car czar," to be named by President George W. Bush to dole out the loans, with the power to force the carmakers into bankruptcy next spring if they didn't cut quick deals with labor unions, creditors and others to restructure their businesses and become viable.
"To give up on the auto industry now would be to condemn the American economy at one of its most vulnerable periods in our economic history to a degree of further hurt," said Rep. Barney Frank, D-Mass, the Financial Services Committee chairman.
Opposition from Republicans reflected the tricky task of enacting yet another federal rescue in a bailout-weary Congress, with Bush's influence on the wane.
"People realize that this bill is an incredibly weak bill, (and) is the product of an administration that wants to kick the can down the road and let somebody else deal with it," said Sen. Bob Corker, R-Tenn.
The scene so far has been somewhat reminiscent of the tense atmosphere of early October on Capitol Hill, when lawmakers argued, cajoled, threatened and lobbied one another, ultimately passing a $700 billion bailout plan that Bush signed into law for Wall Street financial firms.
The House was to vote on adding language to the auto aid bill to require that banks that are bailed out by the government report quarterly on how much they have increased or decreased lending.
The road was harder in the Senate, where 60 votes in the 100-senator chamber would be needed. Opposition wasn't limited to Republicans.
Democratic Sen. Max Baucus of Montana announced he was against the measure because of a provision to bail out transit agencies that were involved in transactions now considered unlawful tax shelters.
At the White House, Deputy Chief of Staff Joel Kaplan told reporters at a late-morning briefing that the administration had yet to read the fine print of its "conceptual agreement" with congressional Democrats.
However, he indicated clear support, saying Bush would personally lobby Republicans.
House Republicans swiftly voiced their opposition and called for a plan that would instead provide government insurance to subsidize new private investment in the Big Three automakers, demand major labor givebacks and debt restructuring at the companies, and encourage them to declare bankruptcy.
Under the bill being considered Wednesday, the carmakers would have to submit blueprints on March 31 to the industry overseer showing how they would restructure to ensure their survival, although they could be given until the end of May to negotiate with the government on a final agreement.
The carmakers initially asked Congress for $25 billion, then returned two weeks later to plead for as much as $34 billion. But with the White House refusing to dole out new spending for the Big Three, congressional Democrats agreed to use an existing program that was to help carmakers retool their factories to make more fuel-efficient cars.
That fund yielded only $15 billion in emergency loans, and when negotiators agreed to leave some money in the environmental program, the amount fell to $14 billion.
Democrats agreed to scrap language — which the White House had called a "poison pill" — that would have forced the carmakers to drop lawsuits challenging tough emissions limits in California and other states. But they kept a provision to force the automakers to abide by those states' limits — a kind of consolation prize for environmentalists, who already were livid at the raid of the fuel-efficiency program.
Senate Democrats unveiled a nearly identical measure that omitted the requirement, but that bill still faced long odds.
Kaplan said the Bush administration would work with President-elect Barack Obama's team on choosing the so-called "car czar," acknowledging that Bush's tenure ends soon and the automakers' woes will continue well into 2009.
Obama defended the auto bailout as necessary given the threat a potential Big Three collapse could pose to an already battered economy.
"As messy as it may be, I think there's a sense of, 'Let's stabilize the patient,'" he said in an interview published in Wednesday's Chicago Tribune and Los Angeles Times.
The car czar would have say-so over any major business decisions by the automakers while they were taking advantage of federal aid, with veto power over any transaction of $100 million or more. The companies — including the private equity firm Cerberus, which owns a majority stake in Chrysler — would have to open their books to the government overseer.
And if Chrysler defaulted on its loan, Cerberus would be responsible for reimbursing the government.
Also included in the bill is an unrelated pay raise for federal judges.
___
Associated Press Writers Ben Feller, Andrew Taylor and Jim Abrams contributed to this report.
© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
30 Votes- Enjoy this article? Help vote it up the 'Vine.
Published to:
- Julie Hirschfeld Davis's Column, All of Newsvine
- Groups: none
- Regions: United States , Washington DC
 | Republicans Demo Auto Industry Bail Out | msnbc.com | Wed Dec 10 | 8 |
| U.S. House approves $15B auto industry bailout | USA Today | Wed Dec 10 | 1 |
 | $14B auto bailout dies in Senate | Associated Press | Thu Dec 11 | 77 |
| Bloomberg.com: Worldwide | Bloomberg.com | Thu Dec 11 | 0 |
| Breaking News: Democrats, White House Make Auto Deal Agreement - Detroit Local News Story - WDIV Detroit | ClickOnDetroit.com | Wed Dec 10 | 0 |
- Public Discussion (155)
What's this?
Who's leading the conversation?
This visualization below allows you to see the impact that each user
has on the current conversation.
The top row contains the group of users who have had the most impact, the 2nd
row the group of users who have had the 2nd most impact (et cetera).
Users with similar impact are grouped together, and the average score of the group
is shown to the left of the group. The author of the article is also shown on the
left, in their corresponding group.
Each user's score is based on the number of comments the user has made plus the
number of votes their comments have received. The scores are calculated relative
one another, so while their absolute value is not particularly important, their
relative difference does indicate a larger difference in impact on the conversation.
14
3.0
{"commentId":4378546,"authorDomain":"moder8"}
Glad to see someone on Capitol Hill has got some sense.
{"commentId":4378546,"threadId":"440633","contentId":"2199608","authorDomain":"moder8"}
- 3 votes
#1 - Wed Dec 10, 2008 5:55 PM EST{"commentId":4379111,"authorDomain":"buddysej"}
Who?
{"commentId":4379111,"threadId":"440633","contentId":"2199608","authorDomain":"buddysej"}
- 8 votes
{"commentId":4379712,"authorDomain":"eric-albert"}
Notice the double standard here, not only from anti worker statements here, but from the implied ideological framework, we always accept, the very dogma that created the "free markets", unregulated markets that actually substitute class despotism and social wealth upward to the one percent.
This double standard, exclusive standard, is always about the dogma of class ideologies. On the one hand the whole of Congress, democrats and republicans, and their corporate media cheerleaders, the expert idiot punditocracy, throw 60 times the money at Financial Capital, without questions, without conditions, once again promoting class despotism, Wall street over Main street.
These are the very same class thugs, who destroyed social wealth for the middle and working classes and now have broken the class mechanism, socialism for the rich or corporate fascism and Empire policies that have destroyed American democracy.
On the other hand, the real economy, production jobs, instead of the phony economy, financial thieves, gets rejected for consideration, even with all conditions that were never placed on these Capitalist fools. The nasty, brutish NEOCON ideological anti worker comments fails to see that it is the very collapse of the consumer demand and production jobs that is responsbile for 30 years of phony supply side Reaganomics.
With class thugs, and class appeasers like these, no wonder the ideological responses are so one sided, dogmatic against workers and production jobs, and for incomes that are but a fraction of these CEO Nazis....that scarcely gets a whisper from these anti worker comments.
Here is a link to the failure of Class Economics throughout Capitalist rule.....an alternative to the same old idiotic expert idiots that broke the world economy.
{"commentId":4379712,"threadId":"440633","contentId":"2199608","authorDomain":"eric-albert"}
- 9 votes
{"commentId":4380180,"authorDomain":"gozounlimited"}
The republicans stated on the floor today that the answer to all of our economic issues was to sign the free trade agreement with Columbia.....The Columbians would buy our vehicles, washing machines, etc. They believe that if we just sign the agreement there would be no need for the auto bridge loan. But Kevin P. Gallagher a professor in Boston University's Department of International Relations stated that U.S.-Colombia Free Trade deal is one of the most deeply flawed trade pacts in U.S. history. It will hardly make a dent in the U.S. economy, looks to make the Colombian economy worse off and accentuate a labor and environmental crisis in Colombia. The Democratic majority in Congress is right to oppose this agreement and call for a rethinking of U.S. trade policy.
According to new estimates by the United Nations Economic Commission for Latin America, the net benefits of the agreement to the U.S. will be a miniscule 0.0000472 percent of GDP or a one-time increase in the level of each American's income by just over one penny. The agreement will actually will make Colombia worse off by up to $75 million or one tenth of one percent of its GDP; losses to Colombia's textiles, apparel, food and heavy manufacturing industries, as they face new competition from U.S. import, will outweigh the gains in Colombian petroleum, mining, and other export sectors, it concludes.
Nor is it clear that the agreement will bring foreign investment to Colombia. The World Bank's 2005 Global Economic Prospects report warned that trade and investment agreements themselves would not necessarily translate into new foreign investment. This conclusion was based on a study they commissioned that examined the experience of twenty developing countries between 1980 and 2000 to determine whether agreements that provided assurances to foreign investors did indeed attract investors. More recent studies have similar findings for Latin America. Articles in peer-reviewed journals Latin American Research Review and Journal of World Investment and Trade found no independent correlation between foreign trade or investment agreements and increases in foreign investment in the region.
Maybe we should just concentrate on the American workers and their employers instead of foolishly counting on a global economy that is tenuous at best.
{"commentId":4380180,"threadId":"440633","contentId":"2199608","authorDomain":"gozounlimited"}
- 5 votes
{"commentId":4381100,"authorDomain":"luckybaby2469"}
The bill passed in the House just right now and it's going into the Senate next this Friday.
{"commentId":4381100,"threadId":"440633","contentId":"2199608","authorDomain":"luckybaby2469"}
- 1 vote
{"commentId":4387929,"authorDomain":"cyrano"}
Eric Albert: Thanks for the link! I've been searching for such a well informed knowledgable summary which explains our current meltdown as being the inevitable consequence of ideologically driven monetary policies put into place by Reagan and expanded upon by succeeding administrations. Nobel-laureate Stiglitz's article very neatly puts it all together.
{"commentId":4387929,"threadId":"440633","contentId":"2199608","authorDomain":"cyrano"}
{"commentId":4378840,"authorDomain":"wwct"}
What's with the pay raise for fed judges? Can't Congress write a bill that sticks to the point? "You want this, swallow that". Really tried of non-related attachments.
{"commentId":4378840,"threadId":"440633","contentId":"2199608","authorDomain":"wwct"}
- 6 votes
#2 - Wed Dec 10, 2008 6:16 PM EST{"commentId":4381257,"authorDomain":"cavicore"}
Agreed, it is also a pet-peve of mine!
{"commentId":4381257,"threadId":"440633","contentId":"2199608","authorDomain":"cavicore"}
- 1 vote
{"commentId":4381892,"authorDomain":"JoulesBeef"}
federal judges are part of the executive branch and I am quite sure that was a demand of bush's and a comprimise of congress.
Its something that Chief Justice John Roberts a bush appointee has been lobbyign for since he was appointed to the supeme court.
{"commentId":4381892,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
{"commentId":4382561,"authorDomain":"Boothby"}
federal judges are part of the executive branch
Judges are part of the judicial branch, judge = judicial
{"commentId":4382561,"threadId":"440633","contentId":"2199608","authorDomain":"Boothby"}
- 4 votes
{"commentId":4378861,"authorDomain":"roybatty"}
Bankruptcy and reorganization is the only feasible way to reboot the Big 3.
{"commentId":4378861,"threadId":"440633","contentId":"2199608","authorDomain":"roybatty"}
- 7 votes
#3 - Wed Dec 10, 2008 6:18 PM EST{"commentId":4379099,"authorDomain":"wwct"}
Then you can support all the GM retirees with GM stock in their 401K's who lose all with bankruptcy. Not the just Wagoner's or boardmembers, but the middle and workers, because in bankruptcy stockholders lose all, bond holders may get pennies on the dollar. And the pensions go to the fed under the guarantee
{"commentId":4379099,"threadId":"440633","contentId":"2199608","authorDomain":"wwct"}
- 4 votes
{"commentId":4379767,"authorDomain":"roybatty"}
Then you can support all the GM retirees with GM stock in their 401K's who lose all with bankruptcy.
If Congress gives GM money it cannot pay back, that is exactly what is happening with my tax dollars. I'll be supporting people who have invested in an unprofitable business.
Pensions might as well just go straight to the Feds ... as long as GM carries that burden they will never again be competitive or profitable and will have to fail eventually. By going bankrupt now the result will be the same, only we have not poured taxpayer money into an endless pit.
{"commentId":4379767,"threadId":"440633","contentId":"2199608","authorDomain":"roybatty"}
- 6 votes
{"commentId":4387393,"authorDomain":"rickace"}
Then you can support all the GM retirees with GM stock in their 401K's who lose all with bankruptcy.
Anyone foolish enough to gamble their retirement funds on GM stock deserves what they get. It is not the role of the government to protect individuals from their own stupidity.
No rescue. No bailout. No loans.
{"commentId":4387393,"threadId":"440633","contentId":"2199608","authorDomain":"rickace"}
- 3 votes
{"commentId":4389487,"authorDomain":"svrquality"}
Perhaps then the loan should have some type of stipulation that these monies are not to pay salaries of people who do not work. That means medical leave and retiree's.
Another stipulation should also be either the destruction of the United Auto Workers union. Tell these people plain and simple. If you want to keep your job, that is fine, but the Union HAS TO GO.
{"commentId":4389487,"threadId":"440633","contentId":"2199608","authorDomain":"svrquality"}
{"commentId":4393815,"authorDomain":"SS-cA"}
Interesting to think about: if they get the loans, they will go ahead and lay off thousands and attempt to restructure their business model and dealings. If they file bankruptcy, they would do the same thing (unless they don't bother to restructure, but they certainly can, many businesses do)...Am I crazy, or am I not really seeing the difference? I mean, of course there are differences, but won't the end eventually be about the same?
{"commentId":4393815,"threadId":"440633","contentId":"2199608","authorDomain":"SS-cA"}
- 1 vote
{"commentId":4393979,"authorDomain":"roybatty"}
SS-CA, I don't think you are crazy at all; you hit the nail squarely on the head.
Bankruptcy would quickly change GM's standing relationships with both the unions and the retirees. With those costs under control they could reorganize and become viable.
Propping up this unprofitable company would only forestall that inevitability, except taxpayers dollars would disappear down a rabbit hole.
{"commentId":4393979,"threadId":"440633","contentId":"2199608","authorDomain":"roybatty"}
- 1 vote
{"commentId":4398696,"authorDomain":"rickace"}
Propping up this unprofitable company would only forestall that inevitability, except taxpayers dollars would disappear down a rabbit hole.
Indeed. Has Congress learned nothing from the aftermath of the $700B crap sandwich?
No bailout. No loan.
{"commentId":4398696,"threadId":"440633","contentId":"2199608","authorDomain":"rickace"}
- 1 vote
{"commentId":4379072,"authorDomain":"donkeyridder"}
It is the UAW bailout bill, not the auto industry bailout bill.
They should re-tool to the horse and buggy product with Obama's administration. We're going to have no oil, no coal, and no nuclear. And if we're going to use our food as fuel, we migh as well feed it to a horse. And think of all the jobs we could create in the manure pick up and processing industry.
I hope someone puts a stop to the bailout tsunami.
{"commentId":4379072,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
- 4 votes
#4 - Wed Dec 10, 2008 6:34 PM EST{"commentId":4382800,"authorDomain":"ghostlyt"}
Shame on me, shame on the UAW right? I don't know, It really discourages me that the blame goes to the UAW. Shame on the little guys, while executives are pulling in over 20 million a year in comasation and flying around in Private Jets and who knows what else. Yes the Auto industry is dying, but the BLame goes to everyone, including the government. It all started with the little guys losing their jobs to over seas companies because THEY pay SCAB wages That are so small, have very few labor laws, which means they can probably work them to death, even a company paying minimum wage has a hard time competeing with third world countries.
Every worker that lost their job has an effect...One by one, the industry took a hit, taking one less buyer off the market. No one wants to buy, because they are scared that they will lose their jobs soon.
If the Automotive industry goes down, GM, Chrysler, and FORD...You think we are in a recession now, well you haven't seen anything yet..You'll see wall street crumble, and this country will go down the drain. Lose millions of good paying jobs, millions of supplier jobs, thus the effect hits real estate even more, the retail business starts to fall out and so on...Yes maybe this country can service a devistating loss in the automotive industry, BUT now isn't the time...WE are not prepared to change yet....If the Gov can give 700 billion to the Biggest Crooks, the overcharging, theives, the banks, and then crap on the Auto industry....there is something definately wrong with this freaking country..
The automotive industry is the heart and soul of this country! It built it, and it can tear it down...
{"commentId":4382800,"threadId":"440633","contentId":"2199608","authorDomain":"ghostlyt"}
- 3 votes
{"commentId":4383941,"authorDomain":"donkeyridder"}
The unions didn't build the auto industry.
As great as the auto industry was under your scenario, the executives earned those bonuses.
No, the unions weren't the sole cause of the problem, but when you have uncontrolled greed, there will be a problem. The unions have been the tool to effect that greed for the employees. Management does it through other means.
Unios should put their skills into action. Buy your business and run it (into the ground) yourselves.
{"commentId":4383941,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
- 1 vote
{"commentId":4387541,"authorDomain":"rickace"}
If the Automotive industry goes down, GM, Chrysler, and FORD...You think we are in a recession now, well you haven't seen anything yet..You'll see wall street crumble
We will see a stock market crash and a depression regardless of what happens to the Big Three.
and this country will go down the drain.
We survived the depression eighty years ago. We will survive this one as well.
Lose millions of good paying jobs
Good paying indeed. There was another seed today that documented the average UAW salary at $40/hour with healthcare benefits and vacation time thrown in for free. I'm a software developer with good credentials and I'd work for $20/hour with no bennies. It galls me to see grease monkeys get pampered the way they do by their employers. Now Congress is stepping in to assure them they and their fat-cat execs won't lose their places on the gravy train. At least the Republicans have the good sense to say no to this bull@!$%#.
No rescue. No bailout. No loans.
{"commentId":4387541,"threadId":"440633","contentId":"2199608","authorDomain":"rickace"}
- 4 votes
{"commentId":4388042,"authorDomain":"caroln-1"}
It's not the vaca's, sick time, overtime, etc. that has been the unions downfall; it's the healthcare for life for all the pensioners!! How many people do you know who have a pension??? How many do you know that have lifetime healthcare with it??? Who do you think pays for that every time you buy a car??? All of America who more than likely does NOT have a pension, much less healthcare for LIFE, those are the people who pay!!!
{"commentId":4388042,"threadId":"440633","contentId":"2199608","authorDomain":"caroln-1"}
- 1 vote
{"commentId":4389424,"authorDomain":"stevemax"}
That's right ... it IS the health care.
None of the Big 3's major competition has to figure that into their bottom line. That's not because they have such a great deal with unions or workers ... it's because the countries they come from have governments that shoulder that responsibility. Japan, Korea, etc. ... all of them have single-payer, universal health care systems that keep this stuff off the private sector's bottom line.
Do that here ... as it should be done anyway ... and the Big 3 are competitive.
{"commentId":4389424,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 1 vote
{"commentId":4393181,"authorDomain":"donkeyridder"}
stevemax (4.5), yeah, we'll have cars, but no money to but them and healthcare that sucks. I'll walk. Just leave me the good healthcare.
{"commentId":4393181,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
{"commentId":4393810,"authorDomain":"stevemax"}
We have that now ... health care that sucks ... it's the most expensive in the world and only a few of us can afford access to it at all. You have nothing to walk from. Why not give a try to something that's working well everywhere it's tried?
(Please don't give me the "long lines", "interminable waits", "inferior care" arguments naming Canada or the UK and expect them to be accepted without question. I've seen health care first hand in those and other single payer systems. It's first class and waits are no more than you go through here with our private insurers).
{"commentId":4393810,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 1 vote
{"commentId":4394392,"authorDomain":"donkeyridder"}
stevemax, your description of nationalized healthcare is just wrong. I keep up with this issue to the minute. The medical tourist industry is florishing because of the waits and bad nationalized healthcare. The single payer moniker is a misnomer. It is a single authoritarian healthcare system, that pays however and whatever they want, and tells the professionals how and when to practice, and patient what treatment they will get and when they will get it.. I've seen those who come here to get there care out of fear of passing away before they can get specialty care. Your "don't give me" comment means you want to ignore the facts so long as you get something free (not free, just on the backs of others). Besides, they are two-tiered for the most part, the free side for chumps and the private side for those wanting modern and timely care.
Our healthcare is the most expensive because we have the most demand because we have the most "diverse", i.e., irresponsible, population on earth. If you think you're going to get free good healthcare with a single payer system here in America, you have dain bramage.
We currently have the best healthcare in the world and available to all. The lazy and selfish bums here just want someone else to pay for it.
{"commentId":4394392,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
{"commentId":4394601,"authorDomain":"stevemax"}
Ahh yes ... the old "nation of whiners" argument. I'd forgotten about that one.
It is a single authoritarian healthcare system, that pays however and whatever they want, and tells the professionals how and when to practice, and patient what treatment they will get and when they will get it.
We have exactly that here, right now ... only the decisions are all in the hands of for-profit insurance companies.
I've seen those who come here to get there care out of fear of passing away before they can get specialty care.
That may be true. The grass is always greener ...
However, I can show you family members of mine (and not just one) ... in the health care industry ... who have moved their families to Canada to take advantage of ... and work in ... what they consider to be a more vital, fair, and serviceable industry under their system.
Your "don't give me" comment means you want to ignore the facts so long as you get something free (not free, just on the backs of others).
Well, you sure are good at reading what you want into things. Too bad it's not correct.
I do not want to get anything for free ... or on the backs of others ... your comment is ridiculous and personally insulting. I have what I need in the way of health care under our system right now. My concern is for those millions who don't. I'd like to provide something for free for them ... on my back if need be.
Obviously, this is not a concern to you. (See? I too can make ridiculous extrapolations and pointlessly insulting comments right back ... tee hee).
The lazy and selfish bums here just want someone else to pay for it.
Right. What more needs to be said? Give some people enough rope ... and they'll make a comment just like that.
{"commentId":4394601,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 2 votes
{"commentId":4406129,"authorDomain":"donkeyridder"}
stevemax, you could put out by the curb a crate of turds with a sign that says "free" and they would disappear. You can't use anecdotal data to decide what is best for all. I, for one, don't judge the quality of my country based on how much free stuff it gives me. I'm sure alot of people live their lives seeking things of value at the expense of others, but that is unAmerican (and selfish, and greedy, and destructive).
If you are so concerned about others, fork over your dough to the free clinics in your area. Put your own money where your mouth is.
{"commentId":4406129,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
{"commentId":4406223,"authorDomain":"stevemax"}
Have done, and will continue to do so. Also do the same with my time.
Will also continue to encourage my country and fellow citizens to adopt a more moral, caring, and brotherly philosophy ... especially in the area of health care. As in almost every other developed nation in the world, it should be considered a "right", not a "priviledge".
{"commentId":4406223,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 3 votes
{"commentId":4409798,"authorDomain":"prm-1"}
Thank you Steve.. We should not have to spend our time begging insurance company's to pay for medical care that should be supplied by a Universal Health care program.. Talk about for no less than 2 decades in earnest by the CLINTONIANS... I wonder what Boracks Excuse will be when he gains very little ground against the largest Lobby on the Hill..
Not sure how we got on health care.. Perhaps the BILLION PLUS DOLLARS per month that the Auto industry pays for HEALTH and WELFARE. is busting the piggy bank.. P.S. As a past signatory contractor to the Carpenters Mafia.. A.F.L.C.I.O. I would like to mention that the $ 8 per hour that went to HEALTH and WELFARE funds never hit the wallet of the employee.. another 3.25 to Retirement, !.75 to disability... Multiply that times 300,000. stop the Nit Picking People.. The problem is not the individual wage of the U.A.W worker.. it is the massive overhead expense of the Industry...
{"commentId":4409798,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 2 votes
{"commentId":4379093,"authorDomain":"buddysej"}
Bail out Wall Street. Lil ole auto workers, pack your grip and go home if you got a home or can keep a home and let the chips fall where they lie so says the Great GOP! No help for you. That top tier is all that counts. Thank God for good mass transit bus routes if my nice lil American made car fails me.
Don't fail me now Sadie................ But I guess the GOP knows best. They seem to think they always have.
{"commentId":4379093,"threadId":"440633","contentId":"2199608","authorDomain":"buddysej"}
- 8 votes
#5 - Wed Dec 10, 2008 6:36 PM EST{"commentId":4379167,"authorDomain":"donkeyridder"}
The union autoworkers are extortionists. Quite good really. They will get their way. But the automakers will fail anyway, because of the unions. Great Democrats those union thugs.
{"commentId":4379167,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
- 7 votes
{"commentId":4379653,"authorDomain":"buddysej"}
No beef here with Unions. No beef with Dems. Beef with you in your pitiful attempt to assail me in your thugish manner. Guess we taught you well, huh? Keep up the good work.
And actually, no real beef with GOP. That is what bipartisan is all about. All I did was make my observation as did you.
But wonder who I do have a beef with.........????????? Let's not go there 2nite, ok?
{"commentId":4379653,"threadId":"440633","contentId":"2199608","authorDomain":"buddysej"}
- 3 votes
{"commentId":4381358,"authorDomain":"cavicore"}
Hey Donkey, you hear what the UAW's idea is on how to make the Big3 more competitive...?
To impose the same burdens on all the other car makers and weigh them down with the same dead weight as the Big3 got themselves into. Great isn't it?
{"commentId":4381358,"threadId":"440633","contentId":"2199608","authorDomain":"cavicore"}
- 1 vote
{"commentId":4381925,"authorDomain":"JoulesBeef"}
before unions we had no sick leave, no overtime, no paid vacations.
just cause soem executvies made stupid agreements with unions doesnt mean unions are "bad"
the rights demonification of unions is what has been one of the major catalists of income disparigy and redduction of the us's middle class.
amazing too.. damn unions killed the auto industry but aiga nd wallstreet.. eh 700 billion is fine but 2% of that for auto workers though is evil. funny how rightist are. The scoff at the peopel thata ctually make somethinga nd look the other way at the peoplle that trade the paper that really got us hear.. as the derivatives losses are ten times the total value of the mortgages defaulted.
{"commentId":4381925,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 2 votes
{"commentId":4382649,"authorDomain":"tcervo"}
Unions have outlived their usefulness. They were necessary when there were little to no laws to protect the workers. Now, though, the unions don't support the workers, they (the Unions) suppor themselves. Self preservation is the golden rule no matter the cost, even at the expense of those they're supposed to be protecting.
{"commentId":4382649,"threadId":"440633","contentId":"2199608","authorDomain":"tcervo"}
- 3 votes
{"commentId":4379201,"authorDomain":"beagles4me"}
So bailing out banks is just so darn great but an industry that provides good jobs should just float away, GOP senators "THIS ISN't PERFECT SO WE JUST DON'T LIKE IT", I am sick of the perfection crowd bellyaching and offering nothing, WELL IF IT ISN'T PERFECT WORK WITH THEM, YOU IDIOTS!
{"commentId":4379201,"threadId":"440633","contentId":"2199608","authorDomain":"beagles4me"}
- 6 votes
#6 - Wed Dec 10, 2008 6:45 PM EST{"commentId":4379269,"authorDomain":"Deme"}
{"commentId":4381999,"authorDomain":"JoulesBeef"}
seems like the gop only hate trickle down when it is supposed to help some workers get through christmas.
but 150 billion for AIg to go on exotic trips and give all it's managers retirement bonouses.. well hey that is A ok. Cause they wont trickle down one people that might vote dem.
thats what this really boils down to. Most of the foreign auto companies exists in gop states, brought to those states through masssive tax subisides. This companies will surely benefoit wiht the big three failure and would be a doubel benefit for the gop.
First you will have all the people in dem strong hold detroit feeling betrayed by he dem leadership and admin.. and then you wil have soaring employement in a few gop states as well as tax revenue, this woudl tend to make those citizens happier than the more stressed states.
It's all politics as usual with the gop
{"commentId":4381999,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 2 votes
{"commentId":4383131,"authorDomain":"Deme"}
{"commentId":4379257,"authorDomain":"donkeyridder"}
GOP Senators, do the right thing and leave the automakers to their rightful conclusion. No bailout. And while you're at it, try to get back the billions given away already that have't done squat and will be unaccounted for shortly.
We don't need no stinking car czar.
{"commentId":4379257,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
- 4 votes
#7 - Wed Dec 10, 2008 6:50 PM EST{"commentId":4382033,"authorDomain":"JoulesBeef"}
lol funny they dont seem to care much about aig to filabuster that huh.
yeha we dont need a car csar we just need a 100k hummer tax write offf huh.. liek the gop 107th gave us.. causing people to buy cas they didnt nessarily want or need.. and when gas skyrocketed peopel stopped buying these cars that the big three were makign like crazy.. nearly instantly.
wooo hoooo GOP great job.
{"commentId":4382033,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 3 votes
{"commentId":4379301,"authorDomain":"timgard-1"}
Yeah, bail out the thieves in the banking institutions, but let all the auto industry go under dragging all the workers and all the small companies that supply them too. Sounds like trickle down again.
{"commentId":4379301,"threadId":"440633","contentId":"2199608","authorDomain":"timgard-1"}
- 8 votes
#8 - Wed Dec 10, 2008 6:53 PM EST{"commentId":4379519,"authorDomain":"stevemax"}
That's exactly what it is ... no not really ... not trickle down theory ... it's an even older one ... the F 'em Theory.
Banking Institution = GOP Friends and Financial Support ... Help em all ya can.
Auto Industry = Few GOP Friends or Financial Support ... F 'em.
Typical.
{"commentId":4379519,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 5 votes
{"commentId":4380000,"authorDomain":"timgard-1"}
Your right Steve.
{"commentId":4380000,"threadId":"440633","contentId":"2199608","authorDomain":"timgard-1"}
- 2 votes
{"commentId":4381373,"authorDomain":"cavicore"}
Banking Institution = GOP Friends and Financial Support ... Help em all ya can.
Hey the Dems did thier far share of voting for that bailout too.
{"commentId":4381373,"threadId":"440633","contentId":"2199608","authorDomain":"cavicore"}
- 2 votes
{"commentId":4382088,"authorDomain":"JoulesBeef"}
CCdesign that is cause it needed to be done.. the gop voted for it as well.. problem is the dems arent playign politics right now but the gop still are.
You can argue all you want, we dont want to waste our limited water supply, but when the gop have already lit the place on fire.. it is best to go ahead and put out the fire and then take away the matches from the gop.. lettign the place burn down just cause the GOP played with matches is not a choise.
yeah no one wants to reward criminal behavior but corps are no people.. the ceos are.. corps are ways of families to make ends meet. The corps themselves are not evil and dint run themselves into the ground and unfort are too large to fail.
I do think people would feel a little better seeing some of the crooked ceos get soem punishment.
But really the only reason the gop is suddennly putting up a fight over 14 billion after putting up no fight over 200 billion and then 700 billion is cause the auto workers vote dem.
i mean seriously we already paid $100 dollars to bail out hte banks.. what is $2 to bail out th auto workers.
{"commentId":4382088,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 2 votes
{"commentId":4383146,"authorDomain":"Deme"}
{"commentId":4393296,"authorDomain":"cavicore"}
...that is cause it needed to be done...
FISH ON !! You bought that excuse hook, line and sinker didn't ya? That is not at all suprising since you don't know what branch of the government judges belong in. If you think for a second that it HAD to be done, I got a real nice bridge to sell you. Well, its done and guess where the money is...in the bank vault doing nothing.
McCain voted for it, Obama voted for it...and you Republicrats still voted for them. Suckers. Nothing will change.
{"commentId":4393296,"threadId":"440633","contentId":"2199608","authorDomain":"cavicore"}
{"commentId":4379511,"authorDomain":"bernieblue34"}
Okay NO bailout for anyone. Now can we get back the money we gave to Citigroup and the other banks? That was the biggest heist in American history!!
{"commentId":4379511,"threadId":"440633","contentId":"2199608","authorDomain":"bernieblue34"}
- 2 votes
#9 - Wed Dec 10, 2008 7:13 PM EST{"commentId":4379606,"authorDomain":"prm-1"}
Supported by your representatives.....
{"commentId":4379606,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 1 vote
{"commentId":4383155,"authorDomain":"ghostlyt"}
LOL, now I think about it Your right...They robbed many of us with the HIGH BULL^&**^& interest rates, which people would probably get hung if they did it in the early years, yet they continue to rob and rob, and now they got us and the GOV again...
Seriously, for the banks it was a bail out, for the automotive industry its a loan, they will pull out and give back to taxpayers..it's tough times right now, they will bounce back and everything will be peachy...
{"commentId":4383155,"threadId":"440633","contentId":"2199608","authorDomain":"ghostlyt"}
{"commentId":4393475,"authorDomain":"donkeyridder"}
No, the biggest heist was Medicare, bailing out the old people, into the trillions now I believe. It could be the tax cuts for the poor, who don't pay taxes but instead get a check. Wait, no, maybe welfare, bailing out the poor and lazy, into the trillions now. Let me think about it a little more.
Who's going to bail out us taxpayers?
{"commentId":4393475,"threadId":"440633","contentId":"2199608","authorDomain":"donkeyridder"}
{"commentId":4379579,"authorDomain":"pcarney"}
Why is it that it is always the workers who must come down. Why not make these foreign companies who want to run plants in the US pay the prevailing union wage as a condition of making cars in the U.S.? And then there are the imported cars imported from countries with a government run health care system. If we put in a single payer health system, that would cut down their advantage as well as solve the problem of the health care for retired auto workers. But I suspect, from looking at a number who oppose this, that the real reason is they want to see Detroit fail because they have induced these foreign companies into their states and are now beholden to them. Many are from the so-called "right-to-work" states and would like nothing more than to destroy the unions so they could take advantage of the U.S. workers just as they do their workers who they pay a pittance to work overseas. Again, it would be a simple matter to say that if you want to sell a product in the U.S., you must pay at least U.S. union wages.
Do I think any American politician has the guts to propose this? Not on your life. Most are afraid that some opponent would call them a socialist, that companies would send money to the war chests in a flow that would go beyond Blagojevich's wildest dreams. Prices would go up and people would complain. BUT these prices would go back into the American economy. We would not be opposing free trade, but rather we would not unilaterally surrender and close our eyes to the conditions under which these folks work. Indeed why should the poor guys working for these foreign companies in the South be paid less than their counterparts in the North? People make the assumption that the Detroit workers are overpaid. I think we must give at least equal consideration that the others are underpaid and as such being further used to bust unions. perhaps the workers at Republic Windows could teach us a thing or two. Let the workers unite and present a united front that they will no longer stand for this. But it cannot work if the workers let the companies split them and compete against each other. Examine how many of these Southern senators who want to attack giving government money to the American companies actually live in states that gave these foreign companies money in the form of tax incentives and such to get them to open up in their states. And, if we could investigate this as throughly as the recent Senate Seat for Sale scandal, I would be willing to bet that these same senators assured these firms that there was no union "problem" in their state and they would see that it does not happen by doing everything from calling unions Communists to trying to tell the workers they will be better off without a union. It cannot be an accident that so much of the opposition comes from these areas which benefit most from Detroit's failure. But these people must quit putting their self-interest ahead of their country's if we no longer have U.S. companies making steel, cars, etc. We will be at the mercy of other countries just as we are with oil. Don't let these small minded senators do that to us.
By the way, I am not a union member nor have I ever been one. But if I could be I would be because I can see the handwriting on the wall.
{"commentId":4379579,"threadId":"440633","contentId":"2199608","authorDomain":"pcarney"}
- 5 votes
#10 - Wed Dec 10, 2008 7:18 PM EST{"commentId":4380882,"authorDomain":"coolbreze-1"}
Finally someone that has a clue of what is going on.
{"commentId":4380882,"threadId":"440633","contentId":"2199608","authorDomain":"coolbreze-1"}
- 3 votes
{"commentId":4383012,"authorDomain":"debmark"}
Amen.
{"commentId":4383012,"threadId":"440633","contentId":"2199608","authorDomain":"debmark"}
- 1 vote
{"commentId":4379587,"authorDomain":"jeffcisme"}
It's not just the GOP who is opposed to bailing out the failing auto industry, the majority of the people in this country do not want a bail-out. (and opposed the previous bail-out as well). But Apparrently our "Representatives" know better...
{"commentId":4379587,"threadId":"440633","contentId":"2199608","authorDomain":"jeffcisme"}
- 1 vote
#11 - Wed Dec 10, 2008 7:18 PM EST{"commentId":4379668,"authorDomain":"prm-1"}
As the Power shifts.. So does the view from the Hill.. Granted. Unions are not the Republicans Friend. Lets see them run a Manufacturing corporation with out one.. That is the next step.. No bail Out.. No Union funds for labor.. America will drop yet one more level.. In THE THIRD WORLDING OF AMERICA..
{"commentId":4379668,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 2 votes
{"commentId":4381434,"authorDomain":"jeffcisme"}
Lets see them run a Manufacturing corporation with out one..
There are plenty of Manufacturing corporations that are non-union. Private sector union membership is only about 7.5% of the workforce in this country, and thankfully, getting less every year.
{"commentId":4381434,"threadId":"440633","contentId":"2199608","authorDomain":"jeffcisme"}
- 2 votes
{"commentId":4382099,"authorDomain":"JoulesBeef"}
funny though isnt it.. the gop oppsoed the first two bail outs without so much as a filabuster.
LOL a bit of faux protest i think
{"commentId":4382099,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4382100,"authorDomain":"prm-1"}
True.. But there is a huge diff between a small shop and a industrial plant that swings a thousand employees a day.. Yes unions need to step back.. But lets not forget that they were responsible for eliminating the 60 Hr Work week.Enforcing safety and worker rights . Fair wages, Holidays.. all the things that we know take for granted in our country as normal working conditions..
Yes, Some of the benefits have gotten too fat.
The Unions have agreed to scale back their demands.. Lets see what happens..
{"commentId":4382100,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 1 vote
{"commentId":4382331,"authorDomain":"stevemax"}
Let's also remember that the home countries of the Big 3's competition ... like Japan, Korea, etc ... all provide Universal Health Care to their citizens. Thus, it's not something that has to be figured into an auto producer's expenses. Here we don't have that amount of respect or concern for the worker ... at least on a government level ... so we need to have unions to get something like that into the bargain, and it effects the bottom line of the company.
If the federal government would shoulder what should be its responsibility ... to provide reliable, high-quality, single-payer health care ... this expense would be taken off the books of these companies ... making them more easily profitable.
{"commentId":4382331,"threadId":"440633","contentId":"2199608","authorDomain":"stevemax"}
- 3 votes
{"commentId":4379761,"authorDomain":"beagles4me"}
This is like an old commercial I remember, the last line was "string em up, it will teach them a lesson" cutting nose and to spite face, good economics, good politcs, great lesson.
{"commentId":4379761,"threadId":"440633","contentId":"2199608","authorDomain":"beagles4me"}
- 2 votes
#12 - Wed Dec 10, 2008 7:31 PM EST{"commentId":4379917,"authorDomain":"redhot1957"}
This is disgusting! Why is the GOP so against the bridge loan to the big 3. When they didn't they try to put rules and regulations to see where 750 billions of tax payers money was going or how it was spent. The GOP should worry about 3.5 million people being out of work and the rise of unemployment compensation rising to support millions of people. There not worried about, that adding to the deficit or the burden on services in the system. That many people out of work along with what is already unemployed 15 billion should look like a drop in the bucket, if they look as the crisis that will occur. OH! I forgot wall street is more important than people who live on main street or below. Everyone thinks we have health problems now, depression and reaction in a sad way will happen, because we never thought people would act this way, being pushed to the brink of insanity. No plays a big part of society, if you have the right justification and saying no. But at this moment is not the time to say no. 15 billion dollars loan until March want hurt us after everything we been going through the last eight yrs.
{"commentId":4379917,"threadId":"440633","contentId":"2199608","authorDomain":"redhot1957"}
- 4 votes
#13 - Wed Dec 10, 2008 7:43 PM EST{"commentId":4380151,"authorDomain":"mwestenfelder"}
Maybe it may have to do with the fact that some of the GOP's against that bill come from states that have BMW, Toyota, VW factories in it?
Maybe you should just do a little research. There might be a nice article in for you. Trust me, you will find.
;-)
{"commentId":4380151,"threadId":"440633","contentId":"2199608","authorDomain":"mwestenfelder"}
- 2 votes
{"commentId":4381195,"authorDomain":"joelearley"}
EVEN the politicians in Michigan are saying this is a bad deal, some Dems are saying this too.
{"commentId":4381195,"threadId":"440633","contentId":"2199608","authorDomain":"joelearley"}
- 1 vote
{"commentId":4382137,"authorDomain":"JoulesBeef"}
we gave aig 150 billion.. we didnt care if they flew a private jet
$14 billion isnt that much when it will effect teh welfare of soooo many people over the holiday season.
{"commentId":4382137,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4380002,"authorDomain":"prm-1"}
3.5 Million times 650.00 Per week U.I.Benefit = Two Billion Seven Hundred and fifty million per week.... Lost... Plus six billion Per week lost in Spendable income.... Now that's fiscal impact... 8,000,000,000,.00 Per week.... Next.. P.S. Remove the rider fromthe bill and pass it... Politics a usual..
{"commentId":4380002,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 1 vote
#14 - Wed Dec 10, 2008 7:51 PM EST{"commentId":4380095,"authorDomain":"shaverjp"}
Republicans are bitter and will continue to destroy the fabric of America as the Bush Administration has done for the past eight years. Their idea of helping America is to give more money to the financial moguls, and wall street buddies. They do not do anything that would help the middle class workers like saving millions of jobs. They would make an example of the Auto industry which happens to be the backbone industry of our Nation. The Republicans do not look to the future , only at what they can do for themselves and their coroporate buddies, and keep the Middle Class down where they can control them. They are on their last gasp of stupidity at least for the next eight years and if the sink the Auto industry with their idiocy, they will turn those workers and their children against the Republican party for the next 30 years. They are the party of old thinkers and old ideas, that must be made to change before they try to lead our country again.
{"commentId":4380095,"threadId":"440633","contentId":"2199608","authorDomain":"shaverjp"}
- 6 votes
#15 - Wed Dec 10, 2008 7:58 PM EST{"commentId":4380183,"authorDomain":"prm-1"}
Only one flaw with your theory... Big money holds the Board of Directors and the stock of these huge conglomerates.
I agree with you that the Republicans are bitter. One of My neighbors flew his American flag at half mast on the news of Obama"s election.. But i am not sure that these Repubs are vetoing the proposed bill to undermine the working class.
Even the king needs slaves.. Stay Tuned.
{"commentId":4380183,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 4 votes
{"commentId":4382149,"authorDomain":"JoulesBeef"}
check to see what stes toyota, bmw and honda are in and you'll have yoru answer.
Stay tuned.. screw that.. get active.. look it up yoru self.
{"commentId":4382149,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4380949,"authorDomain":"Dhosmer"}
I consider myself an Independent. The way I see it the bail out of wall street and the financial instiutions was wrong and so is the proposed bailout of the Big 3. When a company is hemoraging money like General Motors the obvious result is bankruptcy. This is supposed to be a free market system. It appears to me that the unions have outgrown their usefullness. They refuse to listen to the voice of reason. The executives are more concerned with whats in it for them salary, bonus, stock options etc than producing a quality product. Once the consumer became secondary the company was doomed to fail.
If money is given to the autoworkers who will be next looking for a bailout. Will the government decide who shall live another day or die. The states are in dire straights looking for money from the federal government. Are we going to bail all the state out too?
All I know is that most of these organizations looking for a bailout have one thing in common. They have pensions and health insurance plans that most of us workers don't have. I have health insurance where my employer is paying 60% and I pay 40%. I have a 401K plan where the employer contributes when the company is profitable. Why should the people who don't have pensions and free health insurance have to help those who do. If the shoe was on the other foot would they help us?
{"commentId":4380949,"threadId":"440633","contentId":"2199608","authorDomain":"Dhosmer"}
- 2 votes
#16 - Wed Dec 10, 2008 9:22 PM EST{"commentId":4382167,"authorDomain":"JoulesBeef"}
so you are concerned the workers get 2x what workers at toyoa get but not that the ceo makes 14 times what the ceo at toyota gets?
you knwo the bush and the gop made tax breakls that made low milage and heavy cars popular? this created an "auto bubble", a fake market that was popped when gas skyrocketed.
and becasue of unions we all have overtime, paid vacations, sick leave and other perks liek health care.. 50 years ago that wasnt so. WIthout unions we wouldnt have a middle class.
the gop have been hostle against unions for decades and have all but decimated them. this has caused the great income disparigy aand the stagnation of wages that meant a person with a median incoem couldnt afford a median income priced home.
uniosn didnt destroy america and unions had squat to do witht he finacial sector failing. absolutely squat.
anyway in a'"free market" society, people shoudl eb able to collective sell their labour hours. It is a commodiety I own and i should eb able to pool it and sell it in a group.
{"commentId":4382167,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 3 votes
{"commentId":4382222,"authorDomain":"prm-1"}
Thank You... WITHOUT THE UNIONS WE .. would not have any rights as workers...
{"commentId":4382222,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 4 votes
{"commentId":4388000,"authorDomain":"rickace"}
The way I see it the bail out of wall street and the financial instiutions was wrong and so is the proposed bailout of the Big 3.
I agree completely. Federal tampering with the private sector only makes things worse in the end.
When a company is hemoraging money like General Motors the obvious result is bankruptcy. This is supposed to be a free market system.
Correct, and again it works best when the government doesn't meddle with it.
If money is given to the autoworkers who will be next looking for a bailout.
So far Congress has bailed out bankers and insurers. Now it's automakers. Presumably any large industry whose executives are cronies of the Washington power elite is a good candidate.
Why should the people who don't have pensions and free health insurance have to help those who do.
They shouldn't, but the Democrats in Washington are forcing us to do it anyway. They can twist anyone's arm without fear of being held accountable. Things could get worse under Obama if he doesn't wake up and smell the coffee.
{"commentId":4388000,"threadId":"440633","contentId":"2199608","authorDomain":"rickace"}
- 2 votes
{"commentId":4388038,"authorDomain":"rickace"}
Thank You... WITHOUT THE UNIONS WE .. would not have any rights as workers...
LOL. I'm 53 years old. I've never been a member of a union and never had a problem with rights.
{"commentId":4388038,"threadId":"440633","contentId":"2199608","authorDomain":"rickace"}
- 3 votes
{"commentId":4381027,"authorDomain":"ckdbenz"}
stop the war in Iraq for two weeks . should be enough money for auto bail out.
{"commentId":4381027,"threadId":"440633","contentId":"2199608","authorDomain":"ckdbenz"}
- 4 votes
#17 - Wed Dec 10, 2008 9:29 PM EST{"commentId":4382209,"authorDomain":"JoulesBeef"}
funny how 20 billion over 5 years for sick poor kids is too much
150 billion for aig is ok
14 billion for 200k auto works is evil
20 billion to blow up iraqis for 2 weeks is a -ok
{"commentId":4382209,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4381082,"authorDomain":"havens11"}
As I see it.
The Big Three has failed us at ever turn. When we needed small high gas mileage cars, we had to buy foreign cars. It took EPA regulations to get the Big Three to produce cars with higher gas mileage. It took EPA regulations to get the Big Three to produce cleaner burning cars, something the imports had already accomplished.
Sen. George V. Voinovich, R-Ohio and Rep. John A. Boehner, R-Ohio do not want a bailout of the Big Three, Honda automobiles are built in Ohio.
Bob Corker, R-Tenn. does not want a bailout of the Big Three, Nissan automobiles are built in Tennessee.
Toyota automobiles are built in the south.
{"commentId":4381082,"threadId":"440633","contentId":"2199608","authorDomain":"havens11"}
- 3 votes
#18 - Wed Dec 10, 2008 9:34 PM EST{"commentId":4381160,"authorDomain":"joelearley"}
A) Toyota, Nissan, Mercedes, Honda in the US aren't BUILT, they're ASSEMBLED...big difference!
B) Even the Detroit politicians are saying this us a bad agreement.
C) Detroit provided economy cars, even the GEO Prism was a Toyota Corolla...what did Americans do? They went and paid $1500 more for the exact same car because it said Toyota.
{"commentId":4381160,"threadId":"440633","contentId":"2199608","authorDomain":"joelearley"}
- 2 votes
{"commentId":4381559,"authorDomain":"luckybaby2469"}
Don't forget about MR NO from Alabama.
{"commentId":4381559,"threadId":"440633","contentId":"2199608","authorDomain":"luckybaby2469"}
{"commentId":4383036,"authorDomain":"debmark"}
Mr. Shelby will burn in hell for his hatred and pettiness and I wish I was Satan so I could torture the bastard for eternity.
{"commentId":4383036,"threadId":"440633","contentId":"2199608","authorDomain":"debmark"}
- 1 vote
{"commentId":4381126,"authorDomain":"joelearley"}
Folks, I'm a flaming liberal and a Dem, I agree with the GOP and some of the dems on this one.
Don't get me wrong, the loans need to happen but this is the same way that stupid 700 Billion bailout was done...can't do that again!
"People realize that this bill is an incredibly weak bill, (and) is the product of an administration that wants to kick the can down the road and let somebody else deal with it," said Sen. Bob Corker, R-Tenn."
He's right.
{"commentId":4381126,"threadId":"440633","contentId":"2199608","authorDomain":"joelearley"}
- 2 votes
#19 - Wed Dec 10, 2008 9:38 PM EST{"commentId":4381210,"authorDomain":"joelearley"}
For once, I think someone is actually thinking of US......don't get caught up in politics on this one.
{"commentId":4381210,"threadId":"440633","contentId":"2199608","authorDomain":"joelearley"}
- 1 vote
{"commentId":4382228,"authorDomain":"JoulesBeef"}
yeah and he wouldnt be thinking of how much more bus or taxes he woudl get from his BMW plant in nashville.
sorry i dont buy it.. they didnt filabuster crap until now.
and all the goprs looking for face time int he media.. all have foreign car manufactures in their state
{"commentId":4382228,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4381529,"authorDomain":"maxhousewell"}
VW New Beetle.
{"commentId":4381529,"threadId":"440633","contentId":"2199608","authorDomain":"maxhousewell"}
- 2 votes
#20 - Wed Dec 10, 2008 10:18 PM EST{"commentId":4381768,"authorDomain":"lukedukelong"}
interesting comment from online news ...
" The bailout of the Big Three automakers is simply rewarding the mismanagement of these firms. "
- quoted from ... DetroitMichiganNews.com
{"commentId":4381768,"threadId":"440633","contentId":"2199608","authorDomain":"lukedukelong"}
- 2 votes
#21 - Wed Dec 10, 2008 10:44 PM EST{"commentId":4381907,"authorDomain":"pakmanjonzun"}
That picture of those dudes is totally heart wrenching !
Oh, the humanity!
{"commentId":4381907,"threadId":"440633","contentId":"2199608","authorDomain":"pakmanjonzun"}
- 1 vote
#22 - Wed Dec 10, 2008 10:59 PM EST{"commentId":4382071,"authorDomain":"jerwelman"}
- USA need not any rescue plan - why? Americans got the US dollar.
- Americans need not any new fuel efficient cars = why? USA got the technology going on.
- Technocrats and alike need no new roads.- why? American socialites have those ''posh'' roads, street, bridges with no goose bumps.
- Then, what the buyers ask for? You have to impose a Congress approved bill only to similar effects like the ' COmmunists world of politicizing people,'' do not buy other brand of cars -- impose large unforgetable taxes on them. SImple, huh. BUt true.
- Be passive this time and not over-acting.
{"commentId":4382071,"threadId":"440633","contentId":"2199608","authorDomain":"jerwelman"}
#23 - Wed Dec 10, 2008 11:14 PM EST{"commentId":4382809,"authorDomain":"prm-1"}
Ya Mon.Bruda no wana communisn, no nationalism..Simple but true...
{"commentId":4382809,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
{"commentId":4382221,"authorDomain":"ewstephen60"}
I agree Congress shoudln't give the automakers a 15 billion dollar loan. Why should they? They've already pumped 250 Billion into the banks to provide loan liquidity... let's just mandate that the banks each loan 6% of the funds they've received to the auto companies. No additional taxpayer money at risk. End of all these stupid comments by uniformed congressmen and senators...problem solved.
Oh, wait. Can't do that. Too many congressional cronies in the banks, too much risk for all the stockholders, many of whom are the strongest opponents.
The dismanlting of this great industry is disrespectful, disgraceful and disgusting.
{"commentId":4382221,"threadId":"440633","contentId":"2199608","authorDomain":"ewstephen60"}
- 2 votes
#24 - Wed Dec 10, 2008 11:30 PM EST{"commentId":4382249,"authorDomain":"JoulesBeef"}
they have pumped in 500 billion.. peopel need to quit thinkign the bail out started witht he 700 billion which congress has spent 250 billion of.. it started back in march.. the 700 billion was so paulsen coudl quit coming back to congress weekly askign for more.
{"commentId":4382249,"threadId":"440633","contentId":"2199608","authorDomain":"JoulesBeef"}
- 1 vote
{"commentId":4382297,"authorDomain":"prm-1"}
Did you know that it is possible for major stock holders in corporations to demand the removal of management. Did you know that all union contracts are negotiated at pre determined intervals/ Did you know that he wages of the U.A.W and benefit packages have been reduced consistently for the last 20 years/ Did you know that the fuel efficiency of U.S.Built cars has increased no less than 200 % in the last 15 years? These manufacturers will continue to evolve .. I say.. Lets give it a go.. A loan is a Loan... In normal times the Citi Banks of the world would be extending the bridge loan...
{"commentId":4382297,"threadId":"440633","contentId":"2199608","authorDomain":"prm-1"}
- 2 votes
#25 - Wed Dec 10, 2008 11:37 PM EST{"canLink":false,"threadId":"440633","isPrivate":false}
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
As a new user, you may notice a few temporary content restrictions. Click here for more info.
Start Tracking
Stop TrackingCOMPANY STUFF:
LEGAL STUFF:
- © 2005-2009 Newsvine, Inc. |
- Newsvine® is a registered trademark of Newsvine, Inc. |
- Newsvine is a property of
