Comments on: Dems, White House Agree To Auto Bailout
Pelosi Bows To Bush Condition On Deal Granting $15 Billion In Loans To Big Three
Add a Comment See all 378 Comments
- Nancy Pelosi bowed to a demand by President Bush that any aid come from a fund that had been intended to help Detroit produce more fuel-efficient cars.
Smart move here - afterall isn''''t what the bailout money will be used for (more fuel efficient cars)?
Posted by Fiberglass3 at 11:38 AM : Dec 07, 2008
I guess you missed the part where Congress is considering taking it from the TARP next year after Bush is gone -- sounds like a short walk around a temporary obstuction. - Reply to this comment
- John Mccain and Sarah Palin will be back!
- Reply to this comment
- Who has made the biggest profits over the last 3 years ? Who needs the vehicles on the roads ? I say let the OIL COMPANIES bailout the auto industry !!
- Reply to this comment
- Posted By: stomarin
Anytime you take money from a fund there is less money avaiable for the intended use so in this case there is less money for the research and retooling for fuel efficiency and alternative fuels. They will just use the money to pay bills and not invest in developing fuel efficient cars. That is why the condition of any bailout has to be that commitment to move to fuel efficiency and technology to stop using oil as the fuel.
I totally agree. But if they really want to survive, they have to get get switched over. One thing we have all learned over the past few years is how to travel less. - Reply to this comment
- Well!!! They can just as well open the bank vault and let everyone in!!!
I still think part of the bail out money should have gone to us and let us take care of the economy....
Oh Well!!! - Reply to this comment
- These guy''s always come out on top.
In bad times they get bailouts
In good times they pedal overpriced products. - Reply to this comment
- "Democrats have agreed on $15 billion in loans, which is less than half of what the car chiefs were seeking. "
The oldest trick in the compromise world--ask for twice what you want and accept a 50% cut. Congress gets to criticize and complain, but still give out the goodies. I am sure the Democratic leadership coached them about faking the tense negotiations, too. Win-win for everyone! - Reply to this comment
- Anytime you take money from a fund there is less money avaiable for the intended use so in this case there is less money for the research and retooling for fuel efficiency and alternative fuels. They will just use the money to pay bills and not invest in developing fuel efficient cars. That is why the condition of any bailout has to be that commitment to move to fuel efficiency and technology to stop using oil as the fuel.
Nancy Pelosi bowed to a demand by President Bush that any aid come from a fund that had been intended to help Detroit produce more fuel-efficient cars.
Smart move here - afterall isn''''t what the bailout money will be used for (more fuel efficient cars)?
--------------------------------------------------------------------------------
Posted by Fiberglass3 at 11:38 A - Reply to this comment
- Let''s see who get the bigger bites.
- Reply to this comment
- Government and auto makers are like sharks circling around people''s tax pay dollars.
- Reply to this comment
Author Thomas Friedman on Obama's Afghanistan plan and the war on terror.
