corner.nationalreview.com - 12/11/2008
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Mitch McConnell just gave this speech opposing the auto bailout on the Senate floor:
"These are turbulent times for the U.S. economy. Over the past several months, Americans have seen giant companies fail, significant job losses, and, after unprecedented problems in the credit markets, the ...
politico.com - 12/10/2008
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politico.com —
The auto industry bailout politics are a mess
this morning. Senate Minority Leader Mitch McConnell said Wednesday...
that Republicans are not prepared to back the massive auto-bailout package being negotiated by the White House and congressional ...
(more)
McConnell: Bailout votes aren't there
thehill.com - 12/11/2008
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thehill.com —
Senate Minority Leader Mitch McConnell (R-Ky.) announced Thursday
morning he would oppose a $15 billion bailout of...
the U.S. auto industry, dealing the package a substantial blow. McConnell argued on the Senate floor that the package, which the House ...
(more)
McConnell opposes auto bailout
courier-journal.com - 12/5/2008
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courier-journal.com —
Detroit automakers are clearly in need, U.S. Sen
Mitch McConnell said today, predicting Congress will take up...
some type of taxpayer aid package next week. But the Senate majority leader added he remains undecided on how to proceed. "Nobody disputes it ...
(more)
McConnell expects Congress to consider auto help next ...
Comments
Blog Reactions
Mitch McConnell: We can’t vote for the House’s auto bailout
Hot Air » Top Picks —
... tomorrow morning on the House proposal. Should be a fun day on Wall Street if they flunk. K-Lo has the text of McConnell’s speech . No explicit threat of a filibuster, but given the way things are going I wonder if Reid even has 50 votes, let alone 60. Blue Dog Democrats can ...
Corker: All we asked is that the UAW give us a date by which it would become competitive
Hot Air » Top Picks —
... or are we running on pure dogma here? I keep thinking about Mitch McConnell saying yesterday that he’ll oppose the bailout even though it’s “impossible to know” what the consequences of bankruptcy would be. Hey, Mitch? Not good enough. No one’s asking for absolute certainty on the outcome, which really is impossible; what I want is a good-faith attempt at assessing costs, benefits, and probabilities of all courses of action. If they’re convinced that economic catastrophe is inevitable and don’t want to burn any more taxpayer money trying to deflect the asteroid, that’s ...
Related: cause of u.s auto companies problems
Auto Company Competitiveness Problem
seeingtheforest.com 12/10/2008 — The big cost problem with the American car companies is that Japan, Germany and other countries provide health insurance and good pensions, while the United States does not. This means that the...