GOP Senators Win Small Victory Against Socialism; Harry Reid “Terribly Disappointed”
December 12, 2008
Rejoice! (for now)
A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts.
The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the United Auto Workers union agree to steep wage cuts by 2009 to bring their pay into line with Japanese carmakers.
Tonight, the Senate Republicans– with ten, very ugly exceptions– have taken a stand for free markets and economic liberty in their defeat of the bailout of the automotive industry. Of course, its never too late for Democrats and “compassionate conservatives” to work together to subvert the democratic process:
Majority Leader Harry Reid said he hoped President George W. Bush would tap the $700 billion Wall Street bailout fund for emergency aid to the automakers. General Motors Corp. and Chrysler LLC have said they could be weeks from collapse. Ford Motor Co. says it does not need federal help now, but its survival is far from certain.
Barring any such abuses of executive power, it is difficult to say whether GM will now file for bankruptcy– a move that should have been made months ago– or if they’ll try to remain afloat until January when the new Congress comes into session, at which point they’ll have another go at brandishing their sores and tears, attempting to trade them for stolen assets. Most likely the latter.
For now, though, it is nice to know that while I am going to sleep happy– or at least momentarily satisfied– Congressman Harry Reid is “terribly disappointed that we are not able to arrive at a conclusion.” I hope that bloodsucker tosses and turns all night.
Time to suit up for next month.
December 12th, 2008 at 12:04 pm
Craig Travis’s last blog post..Commentary » Blog Archive » Obama Must Be Forthcoming
December 12th, 2008 at 12:54 pm
Republican Sen. George V. Voinovich of Ohio, a strong bailout supporter, said the UAW was willing to make the cuts – but not until 2011.
http://nomedals.blogspot.com
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December 14th, 2008 at 8:42 am
A “free-market” in it’s purest form is that of slavery to the strongest and what your mammon worship has sown is the rise of China’s fascist capitalism and possible permanent eclipse of American power.
Bill, why do you hate America and Americans? Clearly your site reveals a profoundly reckless right-wing-extremist bias. Open your eyes.
Your cult of greed has damaged America’s standing in the world far greater than any enemy we’ve ever had. Stop being a servant of money and seek honest discourse with your countrymen.
It’s understood if you don’t have the courage to post this dissenting view. But perhaps someday you will find the courage to question your fanatic assumptions.
So again, why do you hate America and Americans? Is your slavish adherence to dogma so important that you willingly gamble our nations strengths to appease your self-centered greed, or is it simply narcissistic utopianism?
Look to your soul, Bill, and repudiate this madness you advocate that threatens our blessed nation.