Below The Beltway

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The Auto Bailout Is Dead, For Now

by @ 11:33 pm on December 11, 2008. Filed under Auto Industry, Business, Economics, Politics

2 Responses to “The Auto Bailout Is Dead, For Now”

  1. Doug, I was no fan of any of these bailoouts, but I really have a hard time with these Senators banging on middle class autoworkers over a $14 billion deal when they gave away the store to the tune of $700 billion to their Wall Street financiers, with basically no strings attached. The double standard here is appalling.

  2. Homer Hooker says:

    Help me out here:

    The southern republican Senators of three states that have foreign auto companies in their states have vowed to stand in the way of the auto “bailout.” The GOP is asking the UAW to make concessions to work for wages and the same (no) benefits that the non-union workers of the foreign auto manufactures have. Now, aren’t these the same folks who rant and rage about illegal immigrants forcing lower wages against American workers? Aren’t these the same folks who rant and rage about the “unfair” labor practices of China, Korea, and Japan? Aren’t these many of the same folks who supported Ronald Reagan an he ranted and raged about supporting Leck Wolensa and the Polish trade unions…even as he destroyed the Air Traffic controller union in this country? I ask you: why don’t Republicans like American workers? Shouldn’t Obama team be making a big deal about this hypocrisy? Isn’t this like out-sourcing American jobs right here at home? Isn’t this like putting the American worker and our economic system last? I am surprised that the leaders of the UAW don’t make this a bigger issue. It should hurt the GOP for years to come. Rush Limbaugh and the rest of the talk radio trash-talkers are all a part of this hate the unions in this country. They simply don’t want to see labor paid decent wages for a decent day’s work. (You know, being paid 16 million for sitting on your fat butt and trash-talking is worth so much more than actually working for a living.

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