Republicans are idiots.
Its that simple.
Only these idiots could think that this is a wise course for the nation. If I have to listen to one more sanctimonious windbag from the right come onto the radio or TV and say that the auto companies should just file for bankruptcy, I am going to scream. Do any of these idiots even know the laws that govern bankruptcy? To file for Chapter 11 you have to be able to get banks to offer lines of credit to back up the company. If these companies could get lines of credit, they would not be asking for the bailout.
Now the idiots in the Republican party are ready to force this nation to lose another 2 million jobs, while in the throes of a massive recession, so they can break the unions. And that's what this is about folks, this is a play to break the unions. Remeber these are the same Republican idiots who were happy to throw the stock market into a tail spin because they didn't want to bail out the banks, which lead to the credit crisis that is now bringing down the auto industry. Now they don't want to bail out the car industry.
Yesterday the House passed a bill to speed $14 billion in loans to Detroit's automakers. But it does not look like it will get past the Senate because Republican opposition could derail the emergency aid in the Senate. The Republicans still hold 49 seats, and it looks like they plan to use this number to challenging lame-duck President George W. Bush on the package. They are lamely arguing that any support for the domestic auto industry should carry significant concessions from autoworkers and creditors and reject tougher environmental rules imposed by House Democrats.
See this has nothing to do about the economy, or basic values, it's all about destroying the unions and the environment.
Thursday, December 11, 2008
Senate Republicans Threaten to Throw Nation into another Great Depression
Labels:
Auto Industry,
Bailout,
Economy,
Financial Crisis,
Great Depression,
Republicans,
Repuglicans,
Senate
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