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so pretty much what they are doing is waiting for Obama to get in and approve the bailout, right? The liberal illuminati have got to think twice about this. If it's not passing now why is Obama going to come in and bail out the auto industry? I just don't get that. That has to be another alternative then giving the billions of dollars.
What a crock of horse dung. The Democrats want control, they don't care about the plan. You can bet the Democrats want another GSE out it and the executive management of the Big 3 doesn't want to give it to them.
"Equally important is the assertion of democratic control over private resources such as insurance and credit, making them available for socially responsible investment as well as over land, raw materials, and manufacturing infrastructure." - Democratic Socialists of America, Where we stand, Section 4. Bush handed them insurance,credit, and land with his bailout, the Congress is just fighting for raw materials and the manufacturing. It's all part of the plan.
The public would like some detailed plans also - on how the border is going to be secured.
www.borderinvasionpics.com
Videos from hidden cameras on the border - illegal aliens flooding across every day and night unchallenged. Amazing numbers.
• All of this mismanagement has led to this failure of the BIG 3 and we are expected to reward this mismanagement with finical bail outs.
The collapse of the financials caused by Liberal Democrat home ownership policies thru sub-prime and Fannie Mae and Freddie Mac, was a Democrat Federal Government sponsored failure. Therefore the Federal Gov’t is responsible and is required to clean up that big mess. We as taxpayers elected these clowns into office which makes us as taxpayers obligated to bail them out with our grand children’s futures.
The mismanagement and unreasonable demands of the auto unions is a different story altogether and we as taxpayers aren’t responsible to bail them out.
On the other hand the Democrat’s need to buy their votes with our money.
THEY WILL GET THE MONEY after Act II to be played out soon at a theater near you in the Congress in our Capitol. Reed , Pelosi, Frank, Dodd and Chuckey Schumer are all great performers. The big three should CAR POOL in this time.
Chapter 11 and reorganization looks good to me.
As the honorable Rev. Jeremiah Wright said “Looks like Americas (Detroit’s) chickens have come home to roost”.
Then he said something like God ___ America ??????????????
Amusing how the "masses" and "patriots" get all upset about "Corp jets used, huge salary etc".. but are silent about some clown that toss,kick, hit or kick a ball and paid hundreds of millions, or college coaching paid more them most of entire staff.
Kind of says where USA puts it priority, and it is rather sad, and most do NOT have a clue as to the real impact of a Big Three CH11 file,. doubt it. well read CH11 547c and small business, watch out if Big Three go Ch11 as they will come back 90 days from file date and take all funds paid you back.. plus court costs and about zero chance to beat it. CH11 is simply lawyer and investor welfare big time, but most to lacking in subject matter to know it.. Just wait till 547c works over small business.. and many will regret what they wished for.. big time.
If I missed this line in article I apologize. I am taking from Detroit News on the same story a quote from Ms. Pelosi:” I hope that my friends in Detroit and in auto country will consider this good news because it is another option to say to the American people, 'Give us your money and we'll put it to good use,'" Pelosi said, saying she thinks automakers have received the message that they have to do a better job of explaining to the American people what they would do with the money.
'Give us your money and we'll put it to good use,'" I guess we know what to expect when the Marxist take over completely in 2009.
I find it darkly humorous that "Barney Fwank" and Chris Dodd, 2 folks who went to sleep at the wheel as overseers of Fannie Mae and Freddy Mac, are so vocal in their skepticism of the financial plight of the Big Three. That the public does not banish them from office for their failure is indicative of the public's collective ignorance. There appears to be little difference between "da masses" and "dumb a**es."
Pelosi, Reid, Dodd and Fwank: Living proof that the road to hell is paved with liberals.
Does anyone notice that the elitist illuminati want the plans, because they plan to steam roll the Republicans and pass it through. That's why they don't need 60 seats.
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