If the automakers and the banks have to give up their corporate jets in return for taxpayer funded bailouts, why does Nancy Pelosi still get to fly home every weekend in a G5 at taxpayer expense?
If you think General Motors and Chrysler are poorly managed now, just wait until the Federal Government and the United Auto Workers become the majority stockholders.
It appears that President Obama actually spent more time worrying about what kind of dog to buy for his kids than about the contents of his economic stimulus package.
I find it odd that the supposedly “Christian” Republican party worships at the altar of individual responsibility, while the “godless” Democrats insist that we are all our brother’s keepers.
Rod Blagojevich must be laughing his ass off.
Illinois Governor Rod Blagojevich has intentionally created a racial divide within his own party by appointing Roland Burris to fill the Senate seat vacated by Barack Obama. Members of the Congressional Black Caucus who had earlier stated that Blagojevich should not be allowed to appoint a replacement are now saying that Burris cannot be denied [...]
If General Motors and Chrysler win major concessions from the UAW as a result of the bailout agreement, will Ford still be saddled with the existing contracts?
Since the bailout hearings began, GM has claimed that Chapter 11 was not an option and that they had no Plan B. If they don’t file for Chapter 7 today, the whole process was nothing but a high stakes game of chicken.
If the federal government had not approved the endless series of mergers and acquisitions that allowed them to become so large in the first place, we wouldn’t be bailing out giant financial institutions that are now considered too big to fail.
I’m no fan of George W. Bush, but the people who insist that he is the worst president in recent history clearly don’t remember Jimmy Carter.