Bailout Watch 144: The Pols Strike Back!

Robert Farago
by Robert Farago
bailout watch 144 the pols strike back

“The Monday meeting included House Majority Leader Steny Hoyer, D-Md., and many committee chairmen, including Reps. George Miller, D-Calif.; Chris Van Hollen, D-Md.; Barney Frank, D-Mass.; James Clyburn, D-S.C.; Xavier Becerra, D-Calif.; and Sander Levin, D-Royal Oak. Rep. John Dingell, D-Dearborn, took part by phone, as did other members on the campaign trail. Pelosi also discussed the auto issue separately with Sen. Majority Leader Harry Reid, D-Nev., aides said. Over the weekend, Dingell and Sen. Carl Levin, D-Detroit, spoke separately with the CEOs of General Motors Corp., Ford Motor Co. and Chrysler LLC, as well as United Auto Workers President Ron Gettelfinger.” No conspiracy there, then. Just our duly elected officials looking to “save” Detroit by doing what they do best: spending your hard-earned tax money. And that of your children’s children’s children. The Detroit News names names, but can’t put a number to their/our pain. It looks like doubling down. For now. “The hourlong meeting focused on whether Congress should move to quickly approve up to $25 billion in ‘bridge financing’ to aid automakers through a mounting fiscal crisis. The money would be in addition to the $25 billion auto loan program funded by Congress in September to help retool factories to build more efficient vehicles. Drew Hammill, a spokesman for Pelosi, said ‘discussions (are) ongoing,’ but declined to elaborate on Monday’s meeting.”

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4 of 5 comments
  • Br549 Br549 on Nov 04, 2008

    Nancy gonna save us all. I always felt that speaker's chair could use a woman's touch.

  • Carveman Carveman on Nov 04, 2008

    Comrades !! A Hollywood bulletin. Watch the "big" 2.whatever and their partners in crime at the UAW and the Igor's, in the legislatures who rent their souls for fun and profit in. Starring in. The Night of the Living Dead Detroit edition. Watch corrupt, smelly, low tech, heavy, and inefficient homely corpses keep mobile by feeding on the flesh of the US taxpayers.

  • Autonut Autonut on Nov 04, 2008

    The Berlin Wall came down and crushed US!

  • on Nov 04, 2008

    Ah, isn't it sweet to see Dems and auto executives putting aside their CAFE differences in thename of giving (throwing?) away taxpayer dollars. It looks like they could find some common ground.