White House, Treasury reconsidering TARP funds for automakers

Seeks alternative after Senate bailout bill collapses

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giga_games

what'a about the terms of selling brands(from GM)?

December 12, 2008 8:40 pm

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dmanero

And once again we give in to the demands of the union. figures.

December 12, 2008 9:58 pm

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fatter1

...So they giving the money? Or not? Or are they gonna reconsider the reconsideration, which I myself consider quite the reconsiderable over what should've been considered in the first place. Ah.

December 12, 2008 10:14 pm

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muellr

wow the Bush legacy lives on!!! incredible power play here, a couple of millions here for a peer and some more there for another there. The genius of the network shows when they make even more cash in the crisis. some say that the gas prices are down because the Bush clan has cashed in and doesn't want to give benefits to the other guy running the show from 01/20/09 on. stunning trades..

December 12, 2008 11:49 pm

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eddie

It sounds like the UAW wants to keep things the way the were until 2011. I do not think the Big 3 can wait that long. Less pay and a job is better than no pay and no job. The UAW must be competitive to the world market as competition is what America and Democracy is all about.

December 13, 2008 12:21 am

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Nurchus

This UAW needs to go away or at least annihilated from all existance. I have never seen a more corrupt organization that uses its guise of helping the little man (words I took from another leader soon to take office who is another one of these types). If that Bush gives these worthless fools money, they will be back again, almost gauranteed. If Bush has maybe an OUNCE of brain matter, he will NOT give in to the UAW demands. He should let them suffer by letting the automakers declare bankruptcy.

December 13, 2008 2:33 am

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2 replies

Joe_Limon

and therein lies the dilemma, it's bush... not exactly the brightest person to lead a country. Hopefully he has his own reasons that somehow coincide with dethroning the unions grip on power.

December 13, 2008 4:06 am

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v6s_stink

RIGHT ON, This was nothing more than the Dem's playing irresponsible politics. They knew deep down that investing public money in three companies that pay about double their competition for US labor was a losing game. What do they do, they put a phony bill forward for the Republicans to kill and get anti-working people egg on their face. This little game of using the working man and women for a pawn has, of course, worked again for the Dems. Meanwhile they put their supposed constituents in more danger of unemployment.

December 13, 2008 12:44 pm

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giga_games

hmm, there are just few days to the end of this month...seems like nothing will happen... I'm only sory for workers who will lose their jobs.

December 13, 2008 5:42 am

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politz

Merry RecessMas, everyone.

December 13, 2008 1:52 pm

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500lbman

I agree with nurchus above. The UAW is what is wrong with the American Auto Industry. Union bosses do everything they can to make money off the Amercian worker. The big three should have been blown up a long time ago just to put the Unions out of business. The UAW does absolutely NOTHING for the American worker.

December 15, 2008 3:24 pm

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