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Obama Supports Government Assistance for Auto Industry, Emanuel Says (SUVs and trucks are doomed)
abc ^ | 11/9/2008 | MARY BRUCE

Posted on 11/09/2008 11:13:31 AM PST by tobyhill

In his first interview since joining the Barack Obama team, incoming White House Chief of Staff Rep. Rahm Emanuel, D-Ill., said this morning that Obama supports government assistance for the auto industry using existing authority.

"First the auto industry is an essential part of our economy and an essential part of our industrial base," Emanuel said in a "This Week with George Stephanopoulos" interview.

"Second they should look at accelerating the $25 billion that was offered for re-tooling for the industry going forward.

Third, there are other authorities within the administration that they should use at this time and fourth, President-elect Obama has asked his economic team to look at different options at what it takes to help bridge the auto industry so not only are they apart of a revived economy but part of an energy policy where America is less dependent of foreign oil."

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Extended News; News/Current Events; US: Michigan
KEYWORDS: 111th; automakers; bho2008; rahm
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1 posted on 11/09/2008 11:13:31 AM PST by tobyhill
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To: tobyhill

Of course. He’s indebted to the UAW.


2 posted on 11/09/2008 11:15:16 AM PST by conservativeinbflo.
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To: tobyhill

Obama’s fault.


3 posted on 11/09/2008 11:16:30 AM PST by Prophet in the wilderness (PSALM .53 : 1 The FOOL hath said in his heart, there is no GOD.)
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To: tobyhill

Once Obama-economics are instituted, you won’t need pickup trucks. There won’t be any work.


4 posted on 11/09/2008 11:18:00 AM PST by realcleanguy
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To: tobyhill
Hi, I am from the Government and I am here to help you out.


5 posted on 11/09/2008 11:18:34 AM PST by darkwing104 (Lets get dangerous)
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To: tobyhill

What will I do with my $100.000 (comparatively cheap) motorhome? What will my friends do with their $750,000 rig in which they live and travel 24/7/365?

How about my SIL who has a small truck to perform his work chores. How about my daughter’s company that uses a ‘big rig’ to buy/sell wholesale tomatos? How about the hundreds of Wal-Mart trucks delivering from warehouse to store?


6 posted on 11/09/2008 11:19:12 AM PST by dbacks (God help the USA.)
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To: tobyhill

The auto industry are in their current position for a reason. How does giving them 50 billion change anything? If they don’t change what brought them to this place, they will be right back where they are now after they lose the bailout money.

If a business is failing, it needs to...


7 posted on 11/09/2008 11:19:19 AM PST by KoRn
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To: conservativeinbflo.

A new “People’s car” much like the Soviet Zaporozhets or a Chinese Geeley. Little cars that get 44 mpg and go 26 mph.


8 posted on 11/09/2008 11:19:30 AM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: realcleanguy
When Obie started talking about “sacrifice” no body, not even any Pubbies asked him what people would have to give up.
9 posted on 11/09/2008 11:19:52 AM PST by gov_bean_ counter ( Sarah Palin is America's Margaret Thatcher; Obama is America's George Galloway.)
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To: tobyhill

What will I do with my $100.000 (comparatively cheap) motorhome? What will my friends do with their $750,000 rig in which they live and travel 24/7/365?

How about my SIL who has a small truck to perform his work chores. How about my daughter’s company that uses a ‘big rig’ to buy/sell wholesale tomatos? How about the hundreds of Wal-Mart trucks delivering from warehouse to store?


10 posted on 11/09/2008 11:19:54 AM PST by dbacks (God help the USA.)
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To: conservativeinbflo.
Of course. He’s indebted to the UAW.

Someone has to pay for those salaries, pensions and insurance promised by a bankrupt auto industry.

11 posted on 11/09/2008 11:20:28 AM PST by kcvl
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To: tobyhill

Anybody heard that 10 Billion will go to the Unions supposedly for health care of Union members?


12 posted on 11/09/2008 11:20:35 AM PST by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: tobyhill

Sure, I’m going to put around the Riverside county hill country with a Hyundai 4 cylinder enviro-friendly piece of crap. Bail out Detroit, and dump on their products. The audacity of hypocrisy.


13 posted on 11/09/2008 11:20:52 AM PST by HondaCRF450
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To: gov_bean_ counter

Obama will give up looking for another job. We will give up all our money and freedoms


14 posted on 11/09/2008 11:21:45 AM PST by realcleanguy
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To: K-oneTexas

http://en.wikipedia.org/wiki/Trabant
Trabant


15 posted on 11/09/2008 11:22:15 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

That works too. Classic. Sleek. Priced for everyone.


16 posted on 11/09/2008 11:23:35 AM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: K-oneTexas

Although Trabants had been exported from East Germany, they became well-known in the West after the fall of the Berlin Wall when many were abandoned by their Eastern owners after migrating westward. News reports inaccurately described them as having cardboard bodies. This is likely due to the fact that the body of the Trabant was Duroplast, a material that, in East German production, often made use of varying quantities of different fibers, such as cotton, or occasionally paper.


17 posted on 11/09/2008 11:25:49 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: tobyhill

Them makin’em, and us buyin’em, is two different things.


18 posted on 11/09/2008 11:26:40 AM PST by FrankR (Let's sit back and watch the show - popcorn anyone?)
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To: abb

Is enough for the masses. White for the People’s and black for the gobermint. Black Caddies.


19 posted on 11/09/2008 11:28:37 AM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: tobyhill
In line with the Obama Maladministration’s offer to bail out the U.S. auto industry if they stop production of SUVs and trucks and retool for smaller, more fuel-efficient vehicles, Obama today ordered ALL presidential and White House vehicles be replaced with this new design (which looks suspiciously like the ’85 Yugo GV).

Photobucket

20 posted on 11/09/2008 11:29:15 AM PST by Dick Bachert
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