Comments on: Union Pitches In, But Bailout Hopes Dim
Senate Majority Leader Reid Says Carmaker Bailout Doesn't Have Votes To Pass
- do, but I have a report to fill out.
Posted by talk2chief at 01:06 AM : Dec 04, 2008
Try adding this to the report
While the auto executives were lectured about everything from their management failures to flying to Washington in private jets-and the media shrieked outrage over the "gold-plated benefits" of auto workers-no one grilled Citigroup CEO Pandit on how he could dare ask for a taxpayer-funded bailout as head of a crisis-ridden bank that awarded him a bonus of $30 million worth of stock at the beginning of this year, on top of the $165 million it paid him for his hedge fund as part of the deal to hire him. There were no sneering comments from the cable news "pundits" about how someone living in an $18 million apartment next to New York''''s Central Park could come "cup-in-hand" to the government. - Reply to this comment
- Let ''em sink. We don''t need their junk.
- Reply to this comment
- Whoppe
Posted by elitiesruleu
It''s whoopee, you illiterate twit. Try spell checker or go plagiarize someone else''s work. - Reply to this comment
- do, but I have a report to fill out.
Posted by talk2chief at 01:06 AM : Dec 04, 2008
US Recession Began A Year Ago - Reply to this comment
- OK then, fill out your "report" and Au Revoir!
- Reply to this comment
- do, but I have a report to fill out.
Posted by talk2chief at 01:06 AM : Dec 04, 2008
Whoppe - Reply to this comment
- Why should we "loan" them 25 billion when we can simply BUY them for 5 billion?
They "PROMISE?" to put 20,000 people out of jobs if we loan them the money?
WHAT THE HELL IS THAT? - Reply to this comment
- Chief, plagiarism certainly is a crime, but my question to you is, "Do you have anything with any meat in it to convince me one way or the other about your stand on the subject at hand?
Posted by mildlyinsane
I do, but I have a report to fill out. You will have to just read my previous posts sorry. - Reply to this comment
- Posted by usadvisor101 at 01:03 AM : Dec 04, 2008
I hear you but that yahoo is disrupting the topic with his off topic BS
The story is out now though so that''s a good thing - Reply to this comment
- To usadvisor101: Good advice.
- Reply to this comment
- A tale of two bailouts
By Bill Van Auken
Nov 25, 2008, 09:50
25 November 2008
Barack Obama used his press conference Monday to deliver a sharp rebuke to the US auto industry, ruling out any "blank check" to rescue it from bankruptcy. Virtually in the same breath, the president-elect reiterated his support for just such a "blank check" to US banks and financial institutions, insisting that he would do "whatever it takes" to save them.
There is nothing unique in this blatant double standard. Obama''s statements only underscore the essential continuity between the policies of his incoming administration and those that have been pursued by Bush.
Obama''s remarks likewise dovetail with the stand taken by the Democratic-led Congress, which last week turned its back on the auto industry, preferring to risk the bankruptcy of the Big Three and the potential destruction of three million jobs than approve a $25 billion bailout package for the carmakers. Obama praised Congress for refusing to vote on the package. - Reply to this comment
- Chief, plagiarism certainly is a crime, but my question to you is, "Do you have anything with any meat in it to convince me one way or the other about your stand on the subject at hand?
- Reply to this comment
While the auto executives were lectured about everything from their management failures to flying to Washington in private jets-and the media shrieked outrage over the "gold-plated benefits" of auto workers-no one grilled Citigroup CEO Pandit on how he could dare ask for a taxpayer-funded bailout as head of a crisis-ridden bank that awarded him a bonus of $30 million worth of stock at the beginning of this year, on top of the $165 million it paid him for his hedge fund as part of the deal to hire him. There were no sneering comments from the cable news "pundits" about how someone living in an $18 million apartment next to New York''''s Central Park could come "cup-in-hand" to the government.- Reply to this comment
- mildlyinsane
Especially if you do not have the authors permission. - Reply to this comment
- In the impending bankruptcy of the auto companies, the ruling elite sees an opportunity to carry out a massive attack on living standards, working conditions and social benefits, thereby forcing the working class to pay for the crisis.
The aim is to make an example of the auto workers, whose compensation historically has been a benchmark for the working class as a whole. This can be achieved either through outright bankruptcy and the potential liquidation of millions of jobs, or through a so-called rescue, extended in exchange for the decimation of wages, the ripping up of health and pension benefits for those on the job and the elimination of pensions and health insurance for hundreds of thousands of retirees.
Such an assault would be used as a precedent for similar attacks against every section of working people throughout the country.
This strategy is bound up with the decline of American capitalism, deindustrialization and the increasing financialization of the US economy, all of which have made the speculative activities of Citigroup and other major banks a far more important source of profit for America''s ruling elite than the manufacturing operations of firms like GM, Ford and Chrysler
Economy
--------------------------------------------------------------------------------
A tale of two bailouts
By Bill Van Auken
Nov 25, 2008, 09:50
25 November 2008 http://axisoflogic.com/artman/publish/article_28855.shtml - Reply to this comment
- It''s the law of the jungle - survival of the fittest.
But it looks like congress believes more in "intelligent design".
Trouble is, not a lot of intelligence coming from them right now. - Reply to this comment
In the impending bankruptcy of the auto companies, the ruling elite sees an opportunity to carry out a massive attack on living standards, working conditions and social benefits, thereby forcing the working class to pay for the crisis.
The aim is to make an example of the auto workers, whose compensation historically has been a benchmark for the working class as a whole. This can be achieved either through outright bankruptcy and the potential liquidation of millions of jobs, or through a so-called rescue, extended in exchange for the decimation of wages, the ripping up of health and pension benefits for those on the job and the elimination of pensions and health insurance for hundreds of thousands of retirees.
Such an assault would be used as a precedent for similar attacks against every section of working people throughout the country.- Reply to this comment
- elitiesruleu
I''ve seen "punks" like you come and go. Keep subscribing to that socialist web site it will serve you and your lack of education well.
hey chief! I''''ve been waiting for you to say anything of substance.
Posted by mildlyinsane
The substance is in the act of catching a criminal. Passing someone else''s copyrighted work as there own ideas... is a crime. - Reply to this comment
- CHIEF!
- Reply to this comment
- While the auto executives were lectured about everything from their management failures to flying to Washington in private jets-and the media shrieked outrage over the "gold-plated benefits" of auto workers-no one grilled Citigroup CEO Pandit on how he could dare ask for a taxpayer-funded bailout as head of a crisis-ridden bank that awarded him a bonus of $30 million worth of stock at the beginning of this year, on top of the $165 million it paid him for his hedge fund as part of the deal to hire him. There were no sneering comments from the cable news "pundits" about how someone living in an $18 million apartment next to New York''s Central Park could come "cup-in-hand" to the government.
- Reply to this comment
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