Bailout Watch 551: Further Testimony Planned
June 9th, 2009 3:18 AM Share
In addition to arguing against Indiana’s pension fund challenge, the Obama administration is sending PTFOA members Ron Bloom and Ed Montgomery to formally defend its handling of the GM and Chrysler bankruptcies to the Senate Banking Committee on Wednesday. This is the first such testimony from the PTFOA, and it comes (as the Freep puts it) “a torrent of criticism from Republicans about the government’s decision to take a 60 percent majority stake in GM.” Even Autoblog smells the political smoke in the breeze, fretting that the “ far right wing” stands ready to boycott a newly federalized GM. Dudes, people have been silently boycotting GM for decades. But if GM gets worse, it will be nice to have that excuse ready to go.
Published June 8th, 2009 7:14 PM
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A company that sells to consumers is better served by staying as a-political as possible and focus on building and selling good cars in this case.
agenthex You are so right! I should listen to Al Franken,Chris Matthews, Maureen Dowd, Oliver Stone and Barbara. We are all eople, who need people. Now THERE's solid direction and leadership. Just kidding. The only really hero I have in the media anymore is South Park creator and writer, Matt Stone. His best quote: "I hate conservatives, but I really fucking hate liberals.´"
agenthex-frankly the same descriptions, with slight modifications (insert something about religion inplace of "commies") and you will cover a great many liberal arguments also. We can whack any group all we want by picking out, and picking on, the loonies and then equating them with being "representative" of the group. And those that "think like us" (i.e. "the right/smart/nice...fill in the blank...people, who should be in charge) will generally sign on and give hearty agreement. Doesn't really get us anywhere. Just a thought. Bunter