thinkprogress.org - 11/18/2008
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thinkprogress.org —
Congress and the Bush administration are currently considering
whether to spend $25 billion to rescue Detroit automakers....
The proposal has generally been met with stiff resistance from conservatives , who have increasingly been pinning all the blame ...
(more)
Conservative Politicians Misleadingly Blame Labor Unions ...
usatoday.com - 11/17/2008
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usatoday.com —
"Just giving them $25 billion doesn't change anything,"
Sen. Jon Kyl of Arizona, the Senate's second-ranking Republican,...
said on Fox News Sunday . "It just puts off for six months or so the day of reckoning." Sen. Richard Shelby of Alabama, the senior ...
(more)
Republicans blast auto bailout plan
balloon-juice.com - 11/23/2008
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balloon-juice.com —
Over at the Corner , all sorts of
gruesome numbers regarding the woes of the Big Three,...
and the question I have to keep asking is why bail them out? I really do not understand how sending tens of billions on top of the 25 billion in loans to ...
(more)
The Auto Bailout
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Conservative Politicians Misleadingly Blame Labor Unions For Detroit’s Woes
Think Progress —
Congress and the Bush administration are currently considering whether to spend $25 billion to rescue Detroit automakers. The proposal has generally been met with stiff resistance from conservatives, who have increasingly been pinning all the blame for the crisis in Detroit on labor unions:
Sen. Jim DeMint: “Some auto manufacturers are struggling because of a bad business structure with high unionized labor costs and burdensome federal regulations. Taxpayers did not create these problems and they should not be forced to pay for them.”
Sen. Jon Kyl: “For years they’ve been sick. ...
Unions and the Collapse
Matthew Yglesias —
As this nifty video compilation shows, conservatives have been all over the idea that labor unions are to blame for Detroit’s woes:
My colleague Satyam Khanna observes in response that “unions have repeatedly made concessions to auto executives over recent years . . . AIG, Merrill Lynch, and Bear Stearns did not have unionized workers but still suffered economic collapses.”
I would add that it’s hardly as if German carmakers are operating in the conservotopia of unregulated, union-free labor markets where cars are ...
Just Plain Clueless
Balloon Juice —
According to the Huffington Post, many Republicans oppose placing limits on CEO pay:
Senate Minority Leader Jon Kyl (R-AZ) blamed the “tone deaf” bankers for creating the political environment that allowed Obama to call for a cap.
“Because of their excesses, very bad things begin to happen, like the United States government telling a company what it can pay its employees. That’s not a good thing in America,” Kyl told the Huffington Post.
“What executives have done is troubling, but it’s equally troubling to have government telling shareholders how much they can pay the ...
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The transcript
No Auto Bailout For You
eschatonblog.com 11/14/2008 — Dodd sez it isn't going to happen in this Congress for the auto makers.
While I have mixed feelings about such a thing generally, it's pretty interesting that we're propping up the fake economy and letting the real economy whither.
Schwarzenegger backs Clinton for State job —
CNN Political Ticker 11/15/2008
Schwarzenegger likes the idea of Hillary Clinton as Secretary of State.
(CNN) – California Gov. Arnold Schwarzenegger weighed in on the possibility of Hillary Clinton becoming President-elect Barack Obama's Secretary State, praising the ...