Held hostage by our own government
I find some of the statements shocking in this story, seems like Chris Dodd and Nancy Pelosi can say or do anything without any consequences to speak of.
The senate in a 52-35 procedural vote smacked down this silly auto bailout, for those unaware - it means at least some democrats were involved. Yet it did not stop that thieving bastard Dodd from saying this:
"lot of people are going to get hurt by this." and "It will be a long time before I forget these votes," Dodd said. "Of all the filibusters that occurred this session, this one will have more economic impact."
Good old fashioned fear mongering. If you can't convince them on any rational basis to fork over billions of taxpayer's money, then let's just threaten them to death. Particularly his 'i wont forget these' retort, sounds like a betrayed wife crying to her husband. After all his involvement in Fannie and Freddie, how does this guy still have a job!?
Then there is always Pelosi, in her now reliable smack down mode.
"Senate Republicans' refusal to support the bipartisan legislation passed by the House and negotiated in good faith with the White House, the Senate and the automakers is irresponsible, especially at a time of economic hardship. The consequences of the Senate Republicans' failure to act could be devastating to our economy, detrimental to workers, and destructive to the American automobile industry unless the president immediately directs Secretary Paulson to explore other short-term financial assistance options, including TARP and those available to the Federal Reserve. That is the only viable option available at this time."
Sounds awful lot like the rhetoric coming from the UAW bosses, it's nice to know that Pelosi's allegiance lies not with the people she represents, but with the labor unions that have driven the American car industry into the ground.
Our government has already caused irreversible, unmeasurable and devastating damage with the 700 billion bailout. The effects will be with us for generations and all, but a few SANE people in Washington recognize this fact. I understand the difficulty in explaining why we should let financial companies that employ millions of people, go out of business - it's MUCH easier to justify the death of a manufacturing sector that employs a few hundred thousand. A sector that is not critical to the flow of credit, a sector not responsible for creating and maintaining small businesses and more importantly a sector that has direct competition. No more GM? No more Ford? Fine, we will drive Hondas and Toyotas. No more AIG? That one is a bit tougher to swallow.
The entire concept is so ludicrous that it would be funny! Worst of all of course is that the House is already on-board and our messiah-dear-leader-president-elect-the-great-obama has already expressed a desire to help the auto companies.
I am disgusted with the people who run this country - DISGUSTED.
The senate in a 52-35 procedural vote smacked down this silly auto bailout, for those unaware - it means at least some democrats were involved. Yet it did not stop that thieving bastard Dodd from saying this:
"lot of people are going to get hurt by this." and "It will be a long time before I forget these votes," Dodd said. "Of all the filibusters that occurred this session, this one will have more economic impact."
Good old fashioned fear mongering. If you can't convince them on any rational basis to fork over billions of taxpayer's money, then let's just threaten them to death. Particularly his 'i wont forget these' retort, sounds like a betrayed wife crying to her husband. After all his involvement in Fannie and Freddie, how does this guy still have a job!?
Then there is always Pelosi, in her now reliable smack down mode.
"Senate Republicans' refusal to support the bipartisan legislation passed by the House and negotiated in good faith with the White House, the Senate and the automakers is irresponsible, especially at a time of economic hardship. The consequences of the Senate Republicans' failure to act could be devastating to our economy, detrimental to workers, and destructive to the American automobile industry unless the president immediately directs Secretary Paulson to explore other short-term financial assistance options, including TARP and those available to the Federal Reserve. That is the only viable option available at this time."
Sounds awful lot like the rhetoric coming from the UAW bosses, it's nice to know that Pelosi's allegiance lies not with the people she represents, but with the labor unions that have driven the American car industry into the ground.
Our government has already caused irreversible, unmeasurable and devastating damage with the 700 billion bailout. The effects will be with us for generations and all, but a few SANE people in Washington recognize this fact. I understand the difficulty in explaining why we should let financial companies that employ millions of people, go out of business - it's MUCH easier to justify the death of a manufacturing sector that employs a few hundred thousand. A sector that is not critical to the flow of credit, a sector not responsible for creating and maintaining small businesses and more importantly a sector that has direct competition. No more GM? No more Ford? Fine, we will drive Hondas and Toyotas. No more AIG? That one is a bit tougher to swallow.
The entire concept is so ludicrous that it would be funny! Worst of all of course is that the House is already on-board and our messiah-dear-leader-president-elect-the-great-obama has already expressed a desire to help the auto companies.
I am disgusted with the people who run this country - DISGUSTED.
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