Democrats Propose $25B Cut of the $700B Bail Out Package for Big 3
Democratic Congress friendly to plea for aid from automakers, but the Bush administration still giving the cold shoulder
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Comments (13)
Decypha
I propose GM get that cut... the whole world suffers when America's finances aren't going to well...
November 13, 2008 2:24 pm
m555david
bush needs to be impeached now...and let Obama get the presidency ahead of january 20 inauguration. if idiots in his administration don't get the scope of crisis that they had a hand in creating...then i think they need to be prosecuted in full and thrown in jail for this massive crisis they are responsible for...
November 13, 2008 3:00 pm
Iconic
Bush told Obama earlier this week that the only way he would authorize a Detroit bailout was if the Dems supported the free trade agreement with Colombia.
Holding the people of this country at ransom to get what he wants is what Bush does best. Let's see if the Dem's have enough balls to give him the finger by getting enough support to over ride a veto.
November 13, 2008 4:16 pm
Iconic
here's the link:
http://www.democracynow.org/2008/11/12/white_house_denies_attempt_to_link
November 13, 2008 4:18 pm
coopergt
How about we give them $$ but a new board of directors @ GM. they have screwed up for sooo long they need fresh blood now
November 13, 2008 4:22 pm
Iconic
Kind of like how Obama promised "change", but is bringing in practically everyone from the clinton admin?
ya, good luck...
November 13, 2008 4:53 pm
allroad
Why give money to a company that screwed up??? My tax dollars to a business that is failing because they can't adapt to market demands or prepare for a future?? I think not. Should the government bail out the corner hardware store then too? It's stupid, if you can't run/manage your company because you have dummies making decisions then you deserve to go down. I vote for capitalism...Bush, Obama, who cares. Government shouldn't be bailing out the airlines, automakers and the like...business is business. We are creating a hand out culture the askes to be rescued when we fail. That's crap. Our greed is our own fault and why the economy is in the crapper.
November 13, 2008 6:53 pm
Iconic
I agree with you whole handedly. Bad businesses need to be aloud to fail. This proposed bailout would only be delaying the inevitable unless they truly change their ways.. which is highly unlikely. Just look at the banks, they just got 300 billion a few weeks ago and they're just hoarding money. "Change" will never come, business will be business as usual. Democrats and republicans are the same, they are all in bed with eachother... and big business is their daddy.
November 13, 2008 11:30 pm
m555david
it is simple...bush is an idiote..and it doesn't take a lot of brain to persuade an idiote in something...but obama on the other hand is a genius among geniuses(simply because he was the top of his Harvard law class) and we all know that it takes a genius to get to that school. so in order to persuade obama in something he has to be surrounded by very very smart people, just like him.... i have nothing against him bringing back people from clinton's administration. because this pack of people got things done before...so i have little doubt that they will get things done again...
November 13, 2008 5:16 pm
m555david
i had to spell idiote like that, otherwise they wouldn't post it...peace
November 13, 2008 5:17 pm
Iconic
Carl rove is also a genius among geniuses. Not that I'm saying Obama is anything like him, but intelligent is not necessarily better. The people that were responsible for all the recklessness were thought to be highly intelligent. As far as persuading Obama, the people he is surrounding himself with don't have a very good track record in making the best decisions for this country or the world. I wouldn't have a problem with him having Clinton people around if they were what we need. Do some research about these people and you'll understand. Obama has a chance here to be great, but it wouldn't serve anyone to have a sense of relief.
November 13, 2008 11:40 pm
