Bailout Watch 21: Who's Your Obama?

bailout watch 21 whos your obama

Bailout bucks moved one step closer to Detroit pocketbooks yesterday, as Senator Barack Obama cozied-up to pro-taxpayer-tit-sucking organized labor. Harley Shaiken outlines the cunning plan to The Detroit News: "Senator Obama is using the Detroit Labor Day kickoff to emphasize three messages," the professor of labor studies at the University of California-Berkeley said. "Addressing the needs of working people, the key role unions play in the election, and the role of manufacturing and the auto industry." Three key areas of Obama's seduction of the UAW and other unions: getting that $50b into Motown's coffers, backing a bill in Congress making it easier to organize new members and renegotiating parts of the North American Free Trade Agreement. The Unions' other suitor, Senator John McCain, believes the best way to an organized laborer's heart is getting that $50b into Motown's coffers, cutting taxes and creating more jobs (through cutting taxes, strangely enough). Is it enough? Michigan, Ohio and Pennsylvania are swings states and the key voting bloc are union members. The presidential candidate who turns up for their date with nothing more than a bunch of flowers, a box of chocolates and $50b is at real disadvantage.

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  • Netrun Netrun on Sep 02, 2008

    Nice line about the UAW, Cammy. =:-) I'm no Obama junkie, but the funniest thing yesterday was how McCain kept acting like he already was president and was taking credit for the disaster relief put in place by the current administration. I guess if your going to continue doing what the current president is doing you get to take credit for anything that is currently working.

  • Psarhjinian Psarhjinian on Sep 02, 2008
    No, that’s what socialism is all about. Uh, no. Socialism is (and this is a gross simplification) taking money from everyone and using it to provide services for everyone. You could simplify it further to "taking more money from the rich and giving it to the poor.", which isn't exactly right, but is close enough. It's also what the American well-to-do are terrified of, and the reason that they've spent the last eighty years demonizing it. This is corporatism; a blatant handout to industry from government. Not even remotely the same thing.

  • Ireallylovemangoes Ireallylovemangoes on Sep 02, 2008

    "Uh, no. Socialism is (and this is a gross simplification) taking money from everyone and using it to provide services for everyone. You could simplify it further to “taking more money from the rich and giving it to the poor.”, which isn’t exactly right, but is close enough. It’s also what the American well-to-do are terrified of, and the reason that they’ve spent the last eighty years demonizing it. This is corporatism; a blatant handout to industry from government. Not even remotely the same thing." Yeah, I know what it says in the books. Forget about the administration of the past 80 years it didn't need to discredit this particular boogeyman, every country who has ever attempted a socialist society has bourne out the fact that the opposite of what is supposed to happen does. " This is corporatism; a blatant handout to industry from government. Not even remotely the same thing." I do agree with that statement, though. Regardless of what you call it, giving them $50b is not a good idea by any measure.

  • 50merc 50merc on Sep 02, 2008

    "When I use a word," Humpty Dumpty said, in a rather scornful tone, "it means just what I choose it to mean - neither more nor less." "The question is," said Alice, "whether you can make words mean so many different things." Alice made a good point. So what IS socialism? Taking money from the rich and giving it to the poor, or taking money from the poor and giving it to the rich, or taking money from everyone and giving it to everyone, or ... Dang, let's check the dictionary! Hmm .. Merriam-Webster says socialism is "any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods". Nothing there about taking and giving, rich and poor. Socialism and a welfare state are often found together, but they're not the same thing. I once knew some grad students in poli sci who called anything they didn't like "fascism." They were wrong too.

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