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redstate.com - 12/12/2008
No Bailout For You!
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You’ve already heard the headline: the UAW-bailout and electric-car legislation that was misnamed as a rescue plan for Detroit’s Big Three, has gone down to defeat on a cloture vote in the Senate last night. The problem with this bill was that it attempted to solve the wrong problem. We ...
nytimes.com - 12/12/2008
U.A.W. in Center of Dispute Over Bailout Failure
— nytimes.com — DETROIT — Opponents of a Congressional bailout for Detroit auto companies and the United Automobile Workers union... traded charges Friday over who was responsible for the defeat of legislation that would have provided temporary financing until the ... (more) U.A.W. in Center of Dispute Over Bailout Failure

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biz.yahoo.com - 12/12/2008
Auto bailout dies in Senate: Financial News - Yahoo! Finance
— biz.yahoo.com — WASHINGTON (Reuters) - The U.S. Senate failed on Thursday night to reach a last-ditch compromise to bail... out automakers, effectively killing any chance of congressional action this year. The $14 billion legislation officially died in the Senate late ... (more) Auto bailout dies in Senate: Financial News - Yahoo! Finance

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Blog Reactions

Stones Cry Out:  Bail? Fail.

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Blog Reactions

Bail? Fail.
Stones Cry Out — ... Thanks to Senate Republicans, the auto bailout didn’t happen.  For now.  The UAW, et. al. may just be biding their time until there are more Democrats in the Senate (i.e. January).  More analysis (and specific credit to Sen. Bob Corker) from Francis Cianfrocca at RedState. ...

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