Dem Auto Votes For Cash Payoff Passes The House

Some Republicans are gonna fight this and they should as this auto bill is pre planned payoff to the industry for putting Obama over the top with the hundreds of thousands of union votes if not int he millions and Stevie Wonder can see this a mile away.

I got friends that work at that this Belvidere Chrysler Jeep Patriot Assembly plant pictured below which cut 1000 jobs after a brief shutdown in the beginning of the year so I feel for the men and women auto workers just like everyone else who hate to see these folks out of work, not to mention the impending death of the Auto industries in the very country that embodies and invented the automobile, it's a travesty and a national embarrassment they've reached this point. Henry Ford is spinning no doubt although his namesake company is in better shape than general Motors which not so long ago owned 50% of the worldwide market...

But the leadership at both the companies and the Unions have created this unsustainable monster in bed with Washington democrats that can no longer function in a worldwide economy, and the success of American competitors right here in our own back yards attest to this in black and white easy to understand numbers called legacy costs. Now it's true that the foreign companies haven't been around long enough for them to carry this burden like the US automakers now do.

However even when one subtracts that $2000 or so each US auto carries to the sticker the employees at US located Foreign auto manufacturing plants still make far less than their counterparts and you don't hear their union employees bitching and moaning as much as we do their higher payed domestic UAW brethren if ever at all.

And to me this statement made where the UAW would consider cuts in the form of killing this ridiculous disincentive to work called the Job Bank but only if the loans were extended is downright extortion, and soured many Americans like myself on laying any sympathy at Detroit's doorsteps.

So any way it's cut the dems have been in bed with the unions and their leadership and this is their promised jackpot for all that support and nothing will change my mind or many others that it's anything but and should be only given in conjunction with Management firings and across the board temporary Union concessions until and if only the companies return to viability. Anything but is a as it's been aptly called a "bridge loan to nowhere" by the Wall Street Journal.

Murky future for auto rescue amid GOP opposition

News Headlines - : Townhall.com: "A House-passed bill to speed $14 billion in loans to Detroit's automakers stands on shaky ground in a bailout-weary Congress, undermined by Republican opposition that could derail the emergency aid in the Senate.

Republicans are challenging lame-duck President George W. Bush on the proposal, arguing that any support for the domestic auto industry should carry significant concessions from autoworkers and creditors and reject tougher environmental rules imposed by House Democrats.

The House approved the plan late Wednesday on a vote of 237-170. It would infuse money within days into cash-starved General Motors Corp. and Chrysler LLC. Ford Motor Co., which has said it has enough cash to make it through 2009, would also be eligible for federal aid." continued

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