Comments on: Auto Bailout Moves Risky For GOP Senators

Politico: Dramatic Revolt Against White House Is High Stake Gambit; Cheney Told Senators It's "Herbert Hoover" Time

[irmcvet971]

I will never again refer to the Republican Party as that. From this point on they will be called what they truly are, the FASCIST Party!

[ffoulkes-2009]

$700 BILLION for CORRUPT BANKS

$ 000,000,000.00 for working people & homeowners !

ERADICATE THE GOP TOTALLY !!!!!!!!!!

Posted by Terrorislame at 07:56 PM : Dec 12, 2008
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Democrats including Obama voted for this too. Wanna bit@h about it, start with your own party...suppose we should eradicate the dems too, right?

[ffoulkes-2009]

Should pay US senators and reps the same way Texas State pays State congressmen. 600 bucks a month...that is all.

[ffoulkes-2009]

Also curious to know if any of you out there work in an environment where a mistake could find you under a 4 TON press, or momentary lapse of attention could cause you to lose an arm, hand or finger... for $60K/yr...

Posted by sandee0917 at 11:09 AM : Dec 12, 2008
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Steel Pre-fab...far more dangerous work environment with FAR less pay.

[ffoulkes-2009]

Is it dumb to do the work that is available for you? You see, some people prefer to work at 12 bucks an hour even if it is a fairly dangerous job as opposed to collecting welfare checks.
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You know...All these lefty enviro nuts keep saying Ford and Chevy should build what people want to buy...Well...in 2007, the F150 was the top selling auto in America followed closely by the Silverado 1500. They are building what people here want to buy.

[heartlandjim]

Do the Republican Senators not realize they are about to kill NASCAR. Dale Earnhardt and Fireball Roberts are rolling over in his graves and the Jr. fans will be enraged!!!!!!!!!!!!! What a bunch of slimball Republicans!! Killing NASCAR for foreign auto makers!!!

[tmn]

If the any of the Big 3 go under, the blame will lay with Republicans for many years to come. They will not escape the repercussions. It will be felt now, in 2010, 2012, 2014, and well beyond.

This is a macroeconomic issue. Anyone with investments in the stock market will be hurt. Anyone with a 401(k) that contains market investments will suffer. The economy will be damaged long-term. The US and all it citizens will pay the price for such shortsightedness.

Republicans should vote their conscience and beliefs, of course. However, if their vote permits a failure of the Big 3, they should be ready to pay a very steep price for a long time into the future...and that is the way it SHOULD be.

[PacificGatePost]

It wouldn''t be risky if they structured it right.

CERBERUS Is Leveraging Billion Dollar Connections In Congress

For Chrysler, if the bailout was Structured effectively, the Cerberus share position would be rendered irrelevant.

http://pacificgatepost.blogspot.com/2008/12/leveraging-billion-dollar-connections.html

The Deal Structure is always, always the key.

[ajl12865]

There is substantial evidence that Debtor in Possission financing is not availible due to the fact that the credit markets are still stuck. So the idea that the automakers can re-organize is unrealistic.

The reason that the UAW won''t take a pay cut is substabtially tied to the fact that management will not take a consumerate pay cut down to the lower level japanses executives are paid (less by millions and millions of dollars per exec).

The whole thing is an extension of the class warfare and wealth re-distribution that the republicans have been spearheading for almost three decades.

There is clearly a different set of rules for the wealthy and business elite than there is for the average citizen. Auto workers must see thier pay cut in half yet the people at the top of the pyrimiad still get full pay and go on spa retreats! Sounds like a ponzi scheme - oh wait, it is!

The only solution is to drain the swamp, lock them all in the bastille and let nature take it''s course before we all are left to eat cake.

[jowand]

This time the Republicans have it right, GM and the Unions were told for thirty years they had big problems and wouldn''t listen. Enough of this and let them file for Chapter 11 Bankruptcy Protection, this is what it is for.