Okay, word today of a couple of things.
One, we keep hearing how the Republicans in the Senate are going to keep pushing for "concessions" on the bill to bail out the car companies.
The first thing that comes to mind is that this is what those pussy Democrats in both houses of Congress should have done when Hank Paulson and the White House came screaming out for 700 billion dollars, of all things, to help save the banks.
What hooey.
If ever we could have had concessions, it was then.
How about lose the company jets, Citigroup?
How about put in a maximum still-obscene multi-million dollar salary range for the executives?
How about losing the "credit swap" tool?
How about jettisoning "hedge funds", eventually but absolutely, since they just weaken our financial system and are, as I've said, a virtual "bet on a bet", since they're conjecturing on the position of where stocks are headed in the future?
There were all kinds of things that Congress could--and should--have demanded, since they supposedly wanted and badly needed tax money--and lots of it--to save their hides?
Pussies.
As I quoted my friend Bryce, "Republicans are evil; Democrats are retarded."
(No offense to the retarded).
Anyway, who's kidding whom here or, as Aretha Franklin so aptly put it: "Who's zoomin' who?"
Does ANYONE really think the Repugs are going to let the auto industry go bankrupt?
They'd better not.
There would be between 2 to 3+ million additional people AUTOMATICALLY out of work and on the street.
You don't think there wouldn't be some "revolution goin' on"?
Besides, they don't want that on their tombstone.
They're already so far down on the US public's popularity list, it'd be curtains, for sure.
It kills me that they're pushing so far and so hard on this.
It also gets me that people like Richard Shelby, a Southerner who has some foreign auto manufacturers in his backyard, ladies and gentlemen, would be allowed to weigh in on this.
He should absolutely recuse himself from this.
As hard as it is to believe, even though he's an American, and a representative of at least some Americans here in the States, that he'd tempt the fate of ruining both this industry and, possibly, the country, by letting this whole industry fail.
I'm no big fan of the American auto industry but hey, jobs are jobs, and we need 'em all right now.
Just now, even the White House has come out, pushing the Repug Party to accept this 14 billion dollar "loan"--or whatever you want to call it--for the Big 3 car makers.
Hey, what's a few more billion dollars to this President, right? He hasn't met money he hasn't wanted to spend yet.
Anyway, let's get over this whole "you gotta' give more concessions", crap, Senators.
The country's in a heck of a mess and, regrettably, this is something that needs to happen.
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