“I’m here to send a message to Washington and Wall Street: We are not going to leave the workers here in Michigan hung out to dry while we give billions in taxpayer dollars to Wall Street,” McCain said, according to a transcript e-mailed to reporters by his campaign.
“It is time to get our auto industry back on its feet. It’s time for a new generation of cars and for loans to build the facilities that will make them.” --
Lol. Anyone else need some money while we have the Press printing?
This is getting absurd.
Any chance Obama or McCain would say no in a Election year?
“She’s ah my birthday too!”
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
I’m sick as hell of all of these companies getting our money, FROM THE GOVERNMENT. If hybrids were such a great investment, they should have no problem investing in themselves and yielding a profit from the sale of those hybrids, assuming hybrids are such a great investment. Right?
In other words, “Nazi Pelosi...if you don’t want Michigan to go Republican, you had better be free with the payola!
I knew this was coming, it was only a matter of time. This is beyond sickening. Every interest group is coming out of the woodwork with their hat out to the government. Next are going to be millions of college grads asking to have their student loans paid off. Then states are going to ask for bailouts to keep funding their precious liberal programs. Time to start moving your money and assets off-shore FReepers, and contemplate on retiring to Central America.
I wonder if this could cause trade disputes.
money for unions, that’s all.
the big 3 haven’t figured out yet why honda and toyota are such desirable cars.
Why give them $25 mil when Congress can rescind the 2007 legislation and save them $100 million.
“Lol. Anyone else need some money while we have the Press printing?”
Bump. Am wondering if this time next month, it’ll cost $10k to buy a loaf of bread. Judging from the rate taxpayer dollars are being given awat, not much longer IMHO. Where’s the compassion in that Dubya?
After years of fighting it, I fear the socialist vulture has truly landed. :(:(:(:(
“Clear from your mind any notion of a bailout,” Pelosi told reporters after the meeting. “This is about innovation.”
Reminds me of when Gerry Brown referred to laws as “concepts”.
What the hell is this now? America takes a mulligan?
2008- when America went to a full blown socialist command economy.
It begins.
It makes no sense to help out the auto industry when it’s the financials that are hurting.
Does anyone in politics seriously not care that we don’t actually have the money to do this? Oh that’s right, we have the printing press.
McCain is a bold-faced liar for supporting another bailout after he publicly promised to "protect taxpayers from more bailouts."
And that goes the same for Palin too, if she does nothing to resist McCain's march towards Socialism and Big Government.
Enough is enough. These three coasted for decades without any forward thinking and produced silly cars. Now no one wants them. I love it when they now boast of “over 30 mpg” cars in their ads. They had the time and the money to produce really fuel efficient vehicles and did nothing. They deserve to go down.
McShamnesty Fools Gold
I honestly thought that the nationalization of the health care industry would be first.
Now, we're all in the banking business, the investment banking business, the insurance business and we will soon be in the automobile manufacturing and the airline business.
I wouldn't be surprised if we all wind up in the agriculture, timber and oil business in short order.
At least when someone like Hugo Chavez nationalizes an industry, he doesn't do it with taxpayer dollars.
It would be more honest of our politicians, central bankers and bureaucrats to just stop the pretense and follow the Venezuela, North Korea and China models.
Of course, that would eventually lead to the Zimbabwe model, which nobody (theoretically) wants.