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For cryin' out loud, did you see that documentary where random Obama voters were interviewed? They made Cletus and Jessimie look like Einstein’s.
NEW YORK (CNNMoney.com) -- The Bush administration said Friday it might use taxpayer dollars set aside to bail out banks and Wall Street firms to keep troubled U.S. automakers out of bankruptcy.
The administration's announcement, which reverses its previous position on how to help the auto industry, effectively revives a bailout proposal killed by senators of the president's own party just hours earlier. That plan had the support of congressional Democrats and the White House, but would have used a different source of funds to provide $14 billion in federal loans.
The move could provide an 11th-hour short-term lifeline to General Motors (GM, Fortune 500) and Chrysler LLC, which have warned they are within weeks of running out of the cash they need to continue to operate.
The defeat of a $14 billion bailout plan in the Senate late Thursday left the administration little choice but to tap the $700 billion bailout approved by Congress in October, the Troubled Asset Relief Program or TARP.
"Given the current weakened state of the U.S. economy, we will consider other options if necessary -- including use of the TARP program -- to prevent a collapse of troubled automakers," White House Press Secretary Dana Perino said in a statement. "A precipitous collapse of this industry would have a severe impact on our economy."
Talking to reporters after the release of the statement, Perino said that President Bush had met with aides Friday morning to discuss options.
Details of when the help might be provided out of TARP, how much money would be made available, and any restrictions on the cash were not immediately available. The Treasury Department, which controls the TARP fund, also said it was looking at using the remaining money as stopgap help for the automakers.
"Because Congress failed to act, we will stand ready to prevent an imminent failure until Congress reconvenes and acts to address the long-term viability of the industry," Treasury said in a statement.
The American people did not want the Congress to pass the TRAP bill or the President to sign it into law. We, the majority, expressed our opinion in writing and through telephone calls - and they admitted it.
The Adiministration and Congress of the United Stated determined that they, and they alone, know more than the American people who sent them to Washington, to represent us.
I have written them to express my concern regarding this matter. I hope you have done the same.
All I know is that my dad worked for Ford back when Reagan was president and Reagan did something that saved jobs.
The plant went from 1 shift to 3.
So it sort of undid all the bad things Reagan did in the eyes of us middle class union workers. It's why Reagan won Michigan back then twice.
And Bush is going to save us. I can't believe it.
It used to seem like I was always blaming Bush, when I just used his name because he is the figure head.
And you guys tried to put all the blame on Bush, or you tried to "distance" yourselves from Bush.
Now all of the sudden Bush is reasonable and you redneck southern hillbillies make me sick!!! One last turn of the knife before you leave office.
You're no more informed than those people imo.
And you are so naive that you think that scenario could not be reversed with McCain voters? If so, you could easily be substituted for any of the people in the documentary.
"The best argument against democracy is a five-minute conversation with the average voter." Winston Churchill
I don't think anything will save us. I just went to lunch with 3 salesmen. I said, "you don't think our jobs are next? You don't think some rednecks down south will do what we do for less? We make $70k give or take. You don't think someone in the south will do it for less?".
And one of them says, "they already have customer service reps stealing our orders in Fort Worth that only make $30K".
America is doomed. And it's the dirty south that's gonna take us down. Republicans. Conservatives. Bible Belters.
We thought we won in November? Think again. It's the new Civil War.
Well just like Lincoln controlled the Federal Government, Obama has it now. We have the military, thank God. We control the purse strings starting Jan 20 2009.Thank God!
But it's too late. Wages are going down. The South will take our $30 hr jobs for $15 and fuck up the entire economy, and they'll benefit from it.
Isn't that how they lost the Civil war? We had all the industry? Well their taking it back.
I suggest they manufacture and buy foreign cars and we should support our Big 3. Ford should buy Chrysler and then GM and Ford will be the Big 2.
And no more Free fucking federal tax dollars for Toyota and Honda. Alabama has given them so many tax breaks it is sickening. Yet they vote not to give American car companies any $?
No more pork for Alabama.
Amazing how patriotic you guys were for war but not on this issue. Pitting American workers against each other. When there are more people than there are jobs, people will work for much less. You have sold your fellow American workers out.
When the Nazis came for the communists,
I remained silent;
I was not a communist.
When they locked up the social democrats,
I remained silent;
I was not a social democrat.
When they came for the trade unionists,
I did not speak out;
I was not a trade unionist.
When they came for the Jews,
I remained silent;
I was not a Jew.
When they came for me,
there was no one left to speak out.
You have to be one of the most disgusting entities Ive ever had the unfortunate displeasure of running into on the internet. Not because youre an ignorant left wing retard which we all know you are but, because youre one of the corporate leaches that destroy businesses. It really pisses me off knowing that people willing to give 110% to an employer are unemployed while leaches like you are sucking the lifes blood out of the companies you work for. Some people may think its a joke that your on a message board all day while charging some company for your time but, whether they realize it or not, were all paying for your stupid ass be here espousing your dribble
Rest assured you asshole, if I knew your name and who you worked for Id be in touch with the HR department of that company today.
You have to be one of the most disgusting entities Ive ever had the unfortunate displeasure of running into on the internet. Not because youre an ignorant left wing retard which we all know you are but, because youre one of the corporate leaches that destroy businesses. It really pisses me off knowing that people willing to give 110% to an employer are unemployed while leaches like you are sucking the lifes blood out of the companies you work for. Some people may think its a joke that your on a message board all day while charging some company for your time but, whether they realize it or not, were all paying for your stupid ass be here espousing your dribble
Rest assured you asshole, if I knew your name and who you worked for Id be in touch with the HR department of that company today.
I not only make my goals, I make max my bonus' you little bitch.
I would love to see what you or any of you right wing cock suckers do all day.
You work soooo hard. Is that why they're going down south? No. They go because you work for less.
Thanks for admitting you are jealous. You want my job, so you can get paid the big bucks to do nothing. Hell, you'll take half. That's why you'd sell me out.
PM me your name and the name of the company you work for, you snot nosed punk. After I talk to the HR rep, Ill email him/her that PM information. Lets see how the company feels about you using their time to promote your blathering on the internet all day.
I dare you, you weasel.
He has his own company and makes (personal income) over $250,000 per year. Weren't you around when he was shilling for Joe the Plumber?Yea right. What are you doing right now by the way? Who do you work for? What's the company name? You go first.
He has his own company and makes (personal income) over $250,000 per year. Weren't you around when he was shilling for Joe the Plumber?
PM me your name and the name of the company you work for, you snot nosed punk. After I talk to the HR rep, Ill email him/her that PM information. Lets see how the company feels about you using their time to promote your blathering on the internet all day.
I dare you, you weasel.
No, this bailout was stealing from the American taxpayer to prop up more failed businesses. Any Senator or Congressman that opposed it did their duty to their constituents.
PM me your name and home tele/address.
Sure, I'll do that weasel. First, send me the info I asked for and after I verify it, I'll PM mine to you.
Oh wait, you already replied with your neg rep comment: "CAN'T DO IT COCK SUCKER". I'd return the rep but, I refuse to stoop to your level.
