Politics
Can Nancy Pelosi deliver a bailout for the automakers?
Congressional watchers say House Speaker Nancy Pelosi's leadership is crucial towards a bigger rescue package being passed on Capitol Hill for the automakers. Read more...
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No, Pelosi's bailout plan is misguided
The point of the Democratic bailout is to protect the unions by preventing this kind of restructuring. Which will guarantee the continued failure of these companies, but now they will burn tens of billions of taxpayer dollars. It's the ultimate in lemon socialism.
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Quoted by brownlu on Nov. 14th, 2008
...the spirit of bipartisanship and comity does not require that the Republicans conceal...opposition to ill-conceived actions by Democrats. By forcing Democrats to act alone on misguided policies...the public will know whom to blame. Read the Article
Quoted by brownlu on Nov. 14th, 2008
Paulson isn't playing their game, so they'll have to pass their own sort of bill and take responsibility for what will most likely be a terribly unpopular move. When they control the entire government next year, they won't be able to shuffle this off on a disliked Bush administration. Read the Article
Quoted by brownlu on Nov. 14th, 2008
The financial situation facing the Big Three is not a national problem, but their problem. I do not support the use of U.S taxpayer dollars to reward the mismanagement of Detroit-based auto manufacturers in such a way that allows them to continue and compound their ongoing mistakes. Read the Article
Quoted by brownlu on Nov. 14th, 2008
Yes, the automakers are too big to fail
The Big Two and a Half's need for a cash infusion is real. But so is the fight between those states with domestic auto manufacturers and those with foreign manufacturers, each fighting for a competitive advantage for their state's employers. Read the Article
Quoted by brownlu on Nov. 14th, 2008
General Comments
Mrs. Pelosi and Harry Reid have spent this week demanding that Washington stave off a car-maker collapse. What makes this a little weird is that Mrs. Pelosi and Mr. Reid are Washington. If they so desperately want a Detroit bailout they could always, you know, pass one. Read the Article
Quoted by brownlu on Nov. 14th, 2008
