Source: $14-Billion Auto Bailout Plan Headed Toward Death in Senate

[WillowTree]

DEVELOPING: The Senate's top democrat along with the White House made their final pleas for the $14-billion auto bailout bill even as some predicted the hard-fought legislation would be crushed by Senate Republicans by the end of the week.

"We have danced this tune long enough," Senate Majority Leader Harry Reid declared at midmorning. He said he hoped for separate votes Thursday on compromise legislation backed by Democratic leaders and the White House, and a Republican version.

The emergency bailout bill -- approved 237-170 by the U.S. House of Representatives -- has angered many Republicans who claim it does not require enough accountability from auto makers. The Republicans have plans to filibuster the legislation to prevent its passage in the U.S. Senate.

Source: $14-Billion Auto Bailout Plan Headed Toward Death in Senate - FOXNews.com Transition Tracker

 

[Andrew2382]

good

 

[Lycurgus]

I 2nd that. Good.

 

[DavidS]

GM will survive. Chrysler will not. Ford doesn't want the money. The Hedge Fund that owns Chrysler will. The CEO of Chrysler will continue to make millions while he fires 200,000 people.

It's a sad state of affairs, but only the strongest survive.

 

[Jon]

It's a sad state of affairs, but only the strongest survive.

It's a shame your kind doesn't feel the same when it comes to people. Your philosophy there is, "The strong bust their ass, and the weak get handouts."

 

[Xenophon]

Enough with 'bailouts' of failed busineses.

The gov isn't supposed to be in the employment business, it's supposed to do the business of the American people.

 

[midcan5]

Why do conservative republicans hate American workers? They praise those who rob and loot at the top, even apologize for them, but when it comes to Americans they become hard nosed social darwinists. Foreign countries support their car manufacturers, states give them big tax incentives to build here, yet conservative republicans who love shopping in cheap labor walmart, aka china made junk store - hate their fellow citizens enough they would hurt the entire country. Bizarre thinking to me. But do they love da rich, way too weird.

The Conservative Nanny State

 

[WillowTree]

Why do conservative republicans hate American workers? They praise those who rob and loot at the top, even apologize for them, but when it comes to Americans they become hard nosed social darwinists. Foreign countries support their car manufacturers, states give them big tax incentives to build here, yet conservative republicans who love shopping in cheap labor walmart, aka china made junk store - hate their fellow citizens enough they would hurt the entire country. Bizarre thinking to me. But do they love da rich, way too weird.

The Conservative Nanny State

they sure do, they hate em with a purkle passion, could you dramatize just a wee bit more,,??? DUMMie! although I do give you kudos for memorizing yer lines..

 

[DavidS]

It's a shame your kind doesn't feel the same when it comes to people. Your philosophy there is, "The strong bust their ass, and the weak get handouts."

Who is "my people?"

This isn't a Jewish philosophy, this isn't an Israeli philosophy... I'm not a Democrat, Republican, conservative or liberal. So, I don't think you know who "my kind is."

 

[NOBama]

According to Charley Gibson of ABC, there were developments late this afternoon that may breath new life into this POS. I still say it will pass even though it's against the will of the majority of the people.

Wouldn't it be ironic if the country goes broke trying to bail all these "to big to fail' companies out? I wonder how those several million workers will feel about supporting the rest of us

 

[WillowTree]

[YOUTUBE]SMHNrlkQ[/YOUTUBE]




listen, watch, and weep, and remembre' it was vas your studley Meester Clinton what signed the Norte Americana Fre' Trade Agreement.. Si?

heee es yer hero.. right?


[ame]http://www.youtube.com/watch?v=r-_SMHNrlkQ[/ame]

 

[Jon]

I'm not a Democrat

Get real.

 

[DavidS]

According to Charley Gibson of ABC, there were developments late this afternoon that may breath new life into this POS. I still say it will pass even though it's against the will of the majority of the people.

Wouldn't it be ironic if the country goes broke trying to bail all these "to big to fail' companies out? I wonder how those several million workers will feel about supporting the rest of us

According to bloomberg and what I'm watching on c-span right now, they've reached an impasse on the bill and it's going to head to a vote and be rejected by the senate very very soon tonight. if that happens... if the bill is rejected... holy shit watch out below.

 

[sylverfoxx]

It's a shame your kind doesn't feel the same when it comes to people. Your philosophy there is, "The strong bust their ass, and the weak get handouts."

Do I detect a bit of anti-semitism in the air??

 

[Jon]

No, anti-socialism. I actually forgot DavidS was a Jew until he brought it up.

 

[DavidS]

No, anti-socialism. I actually forgot DavidS was a Jew until he brought it up.

Wait, wait, wait. Now I'm a socialist?????

Bro, I'm not a socialist. Nowhere NEAR a socialist. On economic issues, I'm further to the right than most of you.

 

[xsited1]

Wait, wait, wait. Now I'm a socialist?????

Bro, I'm not a socialist. Nowhere NEAR a socialist. On economic issues, I'm further to the right than most of you.

I like your quote in your sig line:

"The tax rates are going from 36% to 39%. In what 3% does that become socialist?!" -- John Stewart, The Daily Show November 2008

When taxation is above 50%, you're working more for the government than yourself. If you include State, Local and those nasty 'hidden' taxes, you can see that you can get very close to 50%. With marginal rates as high as 36%, even 3% can put you over the 50% mark. Socialism may not be strictly defined as taxation > 50%, but it's close.

 

[Jon]

Wait, wait, wait. Now I'm a socialist?????

Bro, I'm not a socialist. Nowhere NEAR a socialist. On economic issues, I'm further to the right than most of you.

K.

 

[DiveCon]

I like your quote in your sig line:

"The tax rates are going from 36% to 39%. In what 3% does that become socialist?!" -- John Stewart, The Daily Show November 2008

When taxation is above 50%, you're working more for the government than yourself. If you include State, Local and those nasty 'hidden' taxes, you can see that you can get very close to 50%. With marginal rates as high as 36%, even 3% can put you over the 50% mark. Socialism may not be strictly defined as taxation > 50%, but it's close.

LOL

too true

 

[bk1983]

According to sources close to CNN, if no compromise is reached some of the Wall Street bailout will be used to assist the Big 3..