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Boehner Assails Auto-maker Bailout; Hopes dim for quick action
The Wall Street Journal ^ | November 13, 2008 | Josh Marshall & Michael Crittenden

Posted on 11/13/2008 4:34:54 PM PST by St. Louis Conservative

WASHINGTON -- The prospect of a government bailout of General Motors Corp. before the end of the year dimmed Thursday, with a leading Senate Democrat pointing to a lack of political will for a package and the top House Republican assailing the plans.

Skidding Auto Makers View Interactive

See what Ford, GM have been up to in recent years as their stock price and sales declined. Senate Banking Committee Chairman Christopher Dodd said he knew of no Republicans who would support the Democrats' $25 billion proposal and said he was disinclined to move a bill without bipartisan support.

"I'd want to be careful about bringing up a proposition that might fail," given that a rescue plan would likely fare better under a President-elect Barack Obama administration, Sen. Dodd (D., Conn.) told reporters on Capitol Hill. "There's some political considerations that need to be made over the next few days."

Prominent Republicans have questioned bailing out Detroit's long-struggling auto makers, and partisan differences threatened to derail the Democrats' plans. House Minority Leader John Boehner of Ohio said Thursday that a multibillion-dollar rescue of Detroit auto makers would be "neither fair to taxpayers nor sound fiscal policy" without requiring dramatic reforms of the companies.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society; Government; Miscellaneous
KEYWORDS: 110th; automakers; bailout; bailouts; boehner; boner; ford; gm

1 posted on 11/13/2008 4:34:54 PM PST by St. Louis Conservative
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To: St. Louis Conservative
Senate Banking Committee Chairman Christopher Dodd said he knew of no Republicans who would support the Democrats' $25 billion proposal and said he was disinclined to move a bill without bipartisan support.

Translation: the Democrats need the RINOs to cover for them.

2 posted on 11/13/2008 4:37:17 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" --Patrick Henry)
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To: St. Louis Conservative

Our party better grow a spine, and fast! Fight fight fight!


3 posted on 11/13/2008 4:40:02 PM PST by NoGrayZone (Conservative Party...here I come!)
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To: St. Louis Conservative

It wouldn’t hurt to email Boehner to indicate support for this position.


4 posted on 11/13/2008 4:40:44 PM PST by Bahbah (Typical white person-Snow white)
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To: Bahbah
It wouldn’t hurt to email Boehner to indicate support for this position

It wouldn't hurt at all but too many Freepers are busy tarring and feathering the guy and stamping "RINO" on his forehead.

5 posted on 11/13/2008 4:42:21 PM PST by what's up
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To: rabscuttle385
The DemocRats and their Unions need the RINOS for cover.

So the DemRats can place all the blame on the Repubs when the Unions abscond with all the money! (Except for the donations to the DemRats).

6 posted on 11/13/2008 4:42:40 PM 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: St. Louis Conservative
They are spending billions for people to sit in "the rubber room." Fark ’em, they are too big (and bloated) NOT to fail. Let Toyota and Honda build the cars.
7 posted on 11/13/2008 4:43:55 PM PST by NonValueAdded (Jimmah Carter cubed. Obama, the only man in America who can make Hillary Clinton look good.)
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To: what's up
maybe with some support some of these rinos might actually find their spine!
8 posted on 11/13/2008 4:44:49 PM PST by CanadianMusherinMI (drill baby drill/mine baby mine!)
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To: what's up
It wouldn't hurt at all but too many Freepers are busy tarring and feathering the guy and stamping "RINO" on his forehead.

I know. It's disappointing. It seems to me that we would be wise to fight these battles one at a time, even if we view the front man as imperfect.

9 posted on 11/13/2008 4:47:05 PM PST by Bahbah (Typical white person-Snow white)
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To: rabscuttle385
Translation: the Democrats need the RINOs to cover for them.

Correct, because they know it will not fix the problem and the incompetent management of GM would be back in three months.

10 posted on 11/13/2008 4:47:22 PM PST by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: CanadianMusherinMI
Support from the grassroots for a job well-done?

Unheard of. All there is is whining and wailing.

11 posted on 11/13/2008 4:47:27 PM PST by what's up
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To: St. Louis Conservative

The democrats have the votes, they don’t need GOP assistance on this scam.

Even if President Bush grows a spine and vetos it, Obama can sign it after January 20th.

But to do that means taking full responsibility for one’s actions, it will be interesting to see what happens if the Republicans hold the line and make the dems vote for their “principles” or whatever they call their bailout of the UAW.


12 posted on 11/13/2008 4:48:16 PM PST by I_Like_Spam
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To: Bahbah
we would be wise to fight these battles one at a time, even if we view the front man as imperfect

Good point.

Most are looking for a utopian figure to lead us all into perfection.

It's not going to happen. The grassroots are going to have to do some heavy lifting, not leave it all to Congress.

Many of the grass roots couldn't even find it in themselves to get off their butts and vote this time.

13 posted on 11/13/2008 4:51:01 PM PST by what's up
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To: St. Louis Conservative

If they file Chapter 11 and reorganize like Kmart did, it would screw the remaining shareholders but like Kmart they would survive. Kmart bought Sears within a very short period after Chapter 11. Must not hurt business much.
Taxpayers should not have to pay for this mess. The auto industry with unions would be in the same mess in short order. Let the unions that bought the election buy the industry out of this mess.


14 posted on 11/13/2008 4:54:09 PM PST by nclaurel
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To: St. Louis Conservative

Boner is trying to shore up support and silence critics with a bold move aimed at appeasing conservatives.
Don’t fail for it!
Boner must go!

Under Boner’s ‘leadership’ since taking over as Majority Leader (remember those days?) in February 2006, Republicans have lost 20% of their House seats in consecutive historic defeats.

The idea that Republicans would even consider keeping on a leader with a losing record like that is INSANE. Repeating the same actions and expecting a different outcome is the definition of INSANITY.

STOP THE INSANITY NOW!


15 posted on 11/13/2008 4:56:23 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: St. Louis Conservative

Boner is trying to shore up support and silence critics with a bold move aimed at appeasing conservatives.
Don’t fall for it!
Boner must go!

Under Boner’s ‘leadership’ since taking over as Majority Leader (remember those days?) in February 2006, Republicans have lost 20% of their House seats in consecutive historic defeats.

The idea that Republicans would even consider keeping on a leader with a losing record like that is INSANE. Repeating the same actions and expecting a different outcome is the definition of INSANITY.

STOP THE INSANITY NOW!


16 posted on 11/13/2008 4:56:51 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: St. Louis Conservative

The stock market started going up today when there was a byline saying that getting Pubbie support could be a problem...


17 posted on 11/13/2008 4:57:33 PM PST by goodnesswins (CONSERVATIVES....saving America's A** whether you like it or not!)
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To: what's up
The grassroots are going to have to do some heavy lifting, not leave it all to Congress.

That is exactly right. If someone who doesn't pass the purity test is out there fighting a fight I want to win, that we need to win, I'll get behind them. Old Indian saying: don't cut off nose to spite face, you wind up with no nose.

18 posted on 11/13/2008 4:58:53 PM PST by Bahbah (Typical white person-Snow white)
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To: counterpunch
with a bold move aimed at appeasing conservatives

And I for one appreciate the bold and positive move.

If they put a better candidate up...fine.

If not, Boehner is in and I will support him.

19 posted on 11/13/2008 5:02:00 PM PST by what's up
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To: Bahbah
If someone who doesn't pass the purity test is out there fighting a fight I want to win, that we need to win, I'll get behind them.

Me too.

Too many whiners on this board.

I'm not looking for a 100% ACU rating before I support someone. If a person supports the majority of the positions I think are right that's enough for me.

When did perfection become a standard for holding office in DC?

20 posted on 11/13/2008 5:05:10 PM PST by what's up
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To: what's up
well then the few will have to do it! i sent him a atta boy! if he only gets a few, it is better than none at all. we have got to be just as vigilant at given praise when warranted as we are with criticism.
21 posted on 11/13/2008 5:05:54 PM PST by CanadianMusherinMI (drill baby drill/mine baby mine!)
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To: what's up

which is very very unfair if you look past 1 vote


22 posted on 11/13/2008 5:06:39 PM PST by Blogger
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To: Blogger
which is very very unfair if you look past 1 vote

Not exactly sure what you mean. What is unfair?

23 posted on 11/13/2008 5:08:13 PM PST by what's up
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To: CanadianMusherinMI
we have got to be just as vigilant at given praise when warranted as we are with criticism.

Very true.

24 posted on 11/13/2008 5:09:19 PM PST by what's up
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To: St. Louis Conservative

One thing for sure I do not want to see and auto industry run by the government.


25 posted on 11/13/2008 5:09:45 PM PST by Parley Baer
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To: what's up

It’s like walking down a dark alley with an acquaintence. Don’t know the guy too well. Some menacing gang members approach. He says “Let’s stand back to back and take these guys out.” I say “Well, first I have to know what your positions are on some key issues.” LOL. I think not.

We are in serious trouble here.


26 posted on 11/13/2008 5:12:00 PM PST by Bahbah (Typical white person-Snow white)
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To: counterpunch

Stop the rhetoric now! Are you in grade school or something? John Boehner, pronounced Bay-ner, is a solid conservative with a 100% rating from the ACU. It is fair game if you say he isn't strong enough due to the bailout. I would propbably concede that point. But he is a decent man and a great Representative and we need to stop eating our own! If we don't, what decent person is going to run??? Trashing Boehner s idiocy! We have an unpopular Presdent & a lying press. You wanna kay blame? Look there.


27 posted on 11/13/2008 5:16:07 PM PST by Blogger
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To: what's up

The trashing of Boehner. He is a good solid conservative. It may be better to have someone else in that role, but calling him Boner and the like and trying to trash him is immature and incorrect. He blew it on a big vote. Most of his career though he had been a solid as a rock conservative. I’m sick of Conservatives jumping on the bash the conservative bandwagon. It only discourages good folks from ever running.


28 posted on 11/13/2008 5:17:53 PM PST by Blogger
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To: Bahbah
We are in serious trouble here.

The thing that's encouraging to me is that Obama did not get a landslide. Nowhere near. A 6% difference between he and McCain is not that much. And we still have sizeable numbers in both chambers of Congress.

But I agree with you that we are in trouble if the rank and file conservatives continue their quest for perfection. No one can live up to the latest standards among the grassroots.

29 posted on 11/13/2008 5:19:42 PM PST by what's up
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To: Blogger
but calling him Boner and the like and trying to trash him is immature and incorrect

Correct.

Boehner has voted uprightly on a whole host of issues for years.

He doesn't deserve this ugly treatment.

I thought the same of Hastert also and was disgusted by the right's treatment of that man.

30 posted on 11/13/2008 5:24:42 PM PST by what's up
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To: what's up
A 6% difference between he and McCain is not that much. And we still have sizeable numbers in both chambers of Congress.

But I agree with you that we are in trouble if the rank and file conservatives continue their quest for perfection. No one can live up to the latest standards among the grassroots.

It seems to me that what we have in front of us are a series of battles. If I see an elected official out there picking up the banner and heading into the fray on my side of the issue, I'm going to back that one up as best I can. We don't have the numbers to go with the purity checklist.

31 posted on 11/13/2008 5:29:17 PM PST by Bahbah (Typical white person-Snow white)
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To: Blogger

Boner doesn’t have a 100% ACU rating, so stop lying.
In 2006, the year House Republicans ran wild under his “leadership” and then lost the majority, Boner had an ACU rating of 88%.

That makes him a moderate, not a conservative.
Is Boner a member of the Republican Study Committee (RSC), which is the conservative caucus in the House? No.

But this is about more than ideological leanings.
This is about the ability to LEAD.
And Boner has failed as a leader miserably.

No party leader who loses 20% of his caucus under his watch should be allowed to stay on as leader by party.


32 posted on 11/13/2008 5:30:08 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: Blogger; All

I think that is why we lost in 08.. I think a lot of good candidates wanted to run, but most of them are not “pure” enough according to some folks..


33 posted on 11/13/2008 5:31:51 PM PST by KevinDavis (Thomas Jefferson: A little rebellion now and then is a good thing)
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To: Blogger
The trashing of Boehner. He is a good solid conservative... He blew it on a big vote.

I'm sorry. The bailout vote was a litmus test. Boehner's not a fiscal conservative, he's just another politician. Go ahead and waste your time letting him know what you think. He'll just stick his finger in the wind and do whatever he thinks he needs to do to get elected again.

34 posted on 11/13/2008 5:31:51 PM PST by Swing_Thought (pes.si.mist: [pes-uh-mist] 1. a well informed optimist.)
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To: counterpunch

http://www.conservative.org/archive2/House_standout.asp

Don’t accuse me of lyng unless you search first. this if 2007 standouts.


35 posted on 11/13/2008 5:34:33 PM PST by Blogger
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To: what's up

Who cares how he’s voted?
He has been rudderless as Majority (now Minority) Leader.
He lost the Majority.
He let Republicans run wild like a bunch of big spending Dems.

He has been soft on spending, earmarks, ethics.


36 posted on 11/13/2008 5:35:15 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: Bahbah
If I see an elected official out there picking up the banner and heading into the fray on my side of the issue, I'm going to back that one up as best I can

Very good advice. It occurs to me that maybe they should spread out the battles among the leadership so any one person can't be too much of a target for both the Dems AND the grassroots conservatives.

37 posted on 11/13/2008 5:36:46 PM PST by what's up
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To: nclaurel
If they file Chapter 11 and reorganize like Kmart did, it would screw the remaining shareholders but like Kmart they would survive.

This is exactly what has to happen. One way or the other someone's going to get screwed. Any notion that the companies can be saved by more loans from the taxpayers is PURE FICTION.

38 posted on 11/13/2008 5:41:46 PM PST by Grim
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To: counterpunch
He lost the Majority.

Ah, so no blame goes to the media who lied through their teeth every chance they got? I see.

Same thing happened when the MSM convinced conservatives Hastert and the House leadership was responsible for Mark Foley 2 years ago. Conservatives bought it and we got gay Nancy Pelosi as leader who since has helped destroy the economy.

Grassroots conservatives are a very fickle bunch.

39 posted on 11/13/2008 5:43:17 PM PST by what's up
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To: what's up
It occurs to me that maybe they should spread out the battles among the leadership so any one person can't be too much of a target for both the Dems AND the grassroots conservatives.

Not a bad idea at all.

40 posted on 11/13/2008 5:50:50 PM PST by Bahbah (Typical white person-Snow white)
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To: counterpunch
He has been soft on spending, earmarks, ethics.

As leader he does bear the brunt of criticism for these things. However, the vast majority of republicans have been soft on all of these issues as well. Not a lot of options if you want someone hard on these things.
41 posted on 11/13/2008 5:55:34 PM PST by Mr. Blonde (You ever thought about being weird for a living?)
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To: NonValueAdded

Let the big three collapse. And when they collapse, they will take out all of the infrastructure that supports them,(i.e. their suppliers). A little known fact is that these suppliers also support the transplants,(Honda, Toyota, Nissan, etc). Chevy’s, Toyotas, Dodges, Hondas, and others share more components than you can imagine. If the suppliers go belly up due to the big three, the transplant companies will take just as big of a hit.


42 posted on 11/13/2008 6:14:12 PM PST by factoryrat (Better living through American Industrial Might.)
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To: Mr. Blonde

The party leader’s job is to set the agenda and keep the members in line.
Boner never set a clear agenda, much less a conservative one.


43 posted on 11/13/2008 8:31:09 PM PST by counterpunch ( We must not re-fight 2008 in 2012.)
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To: St. Louis Conservative

U.S.News & World Report
10 Cars That Sank Detroit
Friday November 14, 5:34 pm ET

By Rick Newman

The global financial crisis is suffocating the Detroit automakers, but the problems at General Motors, Ford, and Chrysler have been festering for years—even when the mighty “Big Three” were earning billions. Aging factories, inflexible unions, arrogant executives and shoddy quality have all damaged Detroit. Now, with panicky consumers fleeing showrooms, catastrophe looms: Without a dubious federal bailout, all three automakers face the prospect of bankruptcy.

There will be plenty of business-school case studies analyzing all the automakers’ wrong turns. But, as they say in the industry, it all comes down to product. So here are 10 cars that help explain the demise of Detroit:

Excerpt: Go to the link below for the story:

http://biz.yahoo.com/usnews/081114/14_10_cars_that_sank_detroit.html?.&.pf=insurance


44 posted on 11/16/2008 4:38:10 AM PST by Grampa Dave (Buy what we need before Zero is sworn in. He and Pelosi will not have our buying $'s in 2009!)
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