> Obama Regime Report < Obama Regime Report: So The Do Nothing Congress Does Nothing On Bailouts, Bailing Out To Bush, The Cowards They Are

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Thursday, November 20, 2008

So The Do Nothing Congress Does Nothing On Bailouts, Bailing Out To Bush, The Cowards They Are

Democrats did what they do best when under the gun for results and answers... NOTHING. And trust they will attempt to play the hero while being cowards that they are and leave this problem for president Bush, who should just kick it down the road to Obama since he's the Messiah and has all the answers anyway, right?

Let these promises he made secretly during the campaign to the Autoworkers and their failed leaders hang around his neck, right where it belongs. Their whole idea in the first place was to hang this all on Bush just like they've done on every issue trying to gain all the power in Washington over the entire second term.

Well now they have it so let 'em start hanging themselves now with their empty vessel of ideas and full of blame, why not? They'll still be blaming Bush for over the next four years and beyond as America is cleaning one it's cities from a pending terror attack and the Gay Gestapo is running around burning down churches while killing blacks and Mormons for fighting their demands for the whole country to turn Homosexual.

The Big Three, Moe, Larry And Curly
Finger-pointing begins as Senate nixes auto vote:

My Way News - "WASHINGTON (AP) - A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president. Caught in the middle of a who-blinks-first standoff are legions of manufacturing firms and auto dealers - and millions of Americans' jobs - after Senate Democrats canceled a showdown vote that had been expected Thursday. President George W. Bush has 'no appetite' to act on his own.

U.S. auto companies employ nearly a quarter-million workers, and more than 730,000 other people have jobs producing the materials and parts that go into cars. About 1 million on top of that work in dealerships nationwide. If just one of the auto giants were to go belly up, some estimates put U.S. job losses next year as high as 2.5 million.

'If GM is telling us the truth, they go into bankruptcy and you see a cascade like you have never seen,' said Sen. George V. Voinovich, R-Ohio, who was working on one rescue plan Wednesday. 'If people want to go home and not do anything, I think that they're going to have that on their hands.'

The automakers - hobbled by lackluster sales and choked credit - are burning through money at an alarming and accelerating rate: about $18 billion in the last quarter alone. General Motors""For now, however, with the federal emergency loan plan stalled in the Senate, lawmakers in both parties are engaged in a high-stakes game of chicken, positioning themselves to blame each other for the failure.

Senate Majority Leader Harry Reid, D-Nev., scrapped plans Wednesday for a vote on a bill to carve $25 billion in new auto industry loans out of the $700 billion Wall Street rescue fund.

It's really up to Bush's team to act, he said.

'I don't believe we need the legislation,' Reid said. Treasury Secretary Henry Paulson can tap the financial industry bailout money to help auto companies, Reid said, but 'he just doesn't want to do it.'

Not our responsibility, countered the White House.

'If Congress leaves for a two-month vacation without having addressed this important issue ... then the Congress will bear responsibility for anything that happens in the next couple of months during their long vacation,' said Dana Perino, the White House press secretary.

She said there was 'no appetite' in the administration for using the financial industry bailout money to help auto companies. continued here


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The urge to save humanity is always a false front for the urge to rule it. H. L. Mencken

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