Pelosi, afraid she can't pay of her union buddies, is stomping her feet and threatening to hold her breath until she turns blue if Bush doesn't hand over more cash. She can turn a deep purple for all I care.
Stalemate dims prospects for $25B auto bailout
Prospects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year's end, as congressional Democrats and the Bush administration seemed headed for a stalemate. Help for Detroit's Big Three, which have been battered by the economic meltdown that has choked their sales and frozen their credit, is falling victim to a partisan fight over where the money should come from.
The Big Three are victims from an economic meltdown and frozen credit? BS, the Big Three are victims of their own mismanagement and kowtowing to unions who have extorted money from them for years. Now the unions want Congress to hand out $25 B to them for benefits, not to the Big Three. Don't give a dime to either. Drain the pork trough and let capitalism free.
Since our automakers don't have the stones to meaningfully negotiate with unions, let the Big Three go through bankruptcy where the unions will have to negotiate meaningfully. It will make the auto industry stronger. Well, that and a 500 HP Mustang. Midnight blue. With twin pipes and a close ratio shifter with a truck clutch. And not one damned green thing about it.
