Skip to content

Automaker Bailout Dead….For Now

November 17, 2008

 Today congressional Republicans and the president have stopped the automakers from receiving taxpayer funded welfare. This is the first bit of good news on the political front that I have heard in a long time.

 President Bush has already set aside $25 billion for the automakers, and while that is $25 billion too much, there is no need to give them an additional $25 billion. The $700 million bailout bill was meant to stabilize the economy, (we’ve seen how well that has worked), not to bail out every private company who jumps in line asking, where’s mine? Gimme, gimme, gimme.

 The automakers need to file for bankruptcy, reorganize, and then emerge with a plan to once again become prosperous. It is not up for the taxpayer to fund the UAW’s unsupportable demands any longer. It is time for the people who caused this mess to sack up and take the hit that they deserve.

 The bailout bill was vile enough with just it’s intended purpose but then expanding it into areas that it wasn’t meant to go is just, well I just can’t come up with a word to describe how vehemently opposed to this idea I am.

 Today was a victory for the taxpayers, it was a victory for the anti-socialists, it was a victory for everyday Americans. But it is a fleeting victory, one which will not last long for it was the congressional Republicans who ground this bill to a halt. The same congressional Republicans who stopped the amnesty bill. The same Republicans whose numbers are going to be smaller after January 20th.

 With a president in favor of this bailout and a smaller nuber of Republicans to oppose the bailout it will only be a matter of time before the UAW thugs and the automakers get their way. President-elect Obama is indebted to the unions and he will aquiese to their every whim. And there will be no Republicans to stop him.

 Today was a victory, a small victory, but I am going to savor it. It is probably the last victory I will see for the next four years.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to Ma.gnoliaAdd to TechnoratiAdd to FurlAdd to Newsvine

6 Comments leave one →
  1. lizzygram's avatar
    November 17, 2008 8:58 pm

    Where did you get this info from? I haven’t heard anything about it at all from any major network news.
    I do know that the Speaker of the House, Nancy Pelosi has and is pushing for the big three auto makers getting help from our government as late as Nov. 15, 2008.
    http://speaker.house.gov/newsroom/pressreleases?id=0887

    Here is her web link so you can check it out.

    Like

  2. Steve Dennis's avatar
    November 17, 2008 9:06 pm

    I provided a link to my source in the post.

    Like

  3. lizzygram's avatar
    November 18, 2008 7:56 am

    Your democrats are still pushing for this bailout of the auto makers….Especially Sen. Barney Franks of Massachusetts and Speaker of the House, Nancy Pelosi.
    So, don’t get too excited yet…..Barney Franks is an asshole…he doesn’t know shit…only how to suck on young paiges in bathrooms on Capitol Hill. But this is the kind of low lives we want in Federal Offices within our Government…for we keep voting them in.

    Like

  4. Deb's avatar
    Deb permalink
    November 18, 2008 6:25 pm

    Nice. Hopefully it sticks.

    Like

  5. Steve Dennis's avatar
    November 18, 2008 10:23 pm

    It isn’t going to stick, it may be delayed but eventually with the new congress and president it will be passed.

    Like

  6. Андрей's avatar
    November 28, 2008 6:00 am

    Не знал, спасибо за инфу 🙂

    Like

Leave a reply to Андрей Cancel reply