Gird your loins for the UAW bailout fight; Update: White House says deal is “likely”
Yes, folks, it’s time to stand up and fight. The fix is in. Democrats and the White House have reportedly hammered out an automakers’ bailout plan.
The snort-worthy promise: More “oversight.”
Because, you know, Congress has proven so competent at providing “oversight” of all the other bailouts this year.
Make sure Sen. Richard Shelby knows you stand with him on filibustering the UAW bailout. Shelby’s comments on Fox News Sunday:
WALLACE: Let’s bring in Senator Shelby. You’ve been one of the leading critics of any bailout. From what you’re hearing — $15 billion, get them through until March, going to have an administrator who makes sure they keep their promises. Will you support that?
SHELBY: Oh, absolutely not. I think this is a bridge loan to nowhere. This is a down payment on many billions to come. This is not something that happened overnight. This is 30 years in the making. These companies basically are — have failed, are failing. They probably need, according to some people, about 60 percent of the management to go, and about 40 percent downsize of the workers. They’ve got to compete. They can’t compete today. And the question is, will they be able to compete tomorrow?
We would like to save them. But they’ve got to save themselves. And I don’t believe they’re willing to save themselves, because they could be restructured the right way. And they don’t want to do that.
WALLACE: Are you and other Republicans prepared to filibuster this bill?
SHELBY: Well, I would — I think we need to debate it. And that’s what filibuster is about. And this week would be a good time to do it. I hope that we will be able to have an extended debate on it. We’ll see what happens.
WALLACE: Do you think you have the votes to sustain a filibuster?
SHELBY: I don’t know. It depends what happens, what the — in the meantime, I know people want to get home for Christmas. They want to get out of here and come back, and — but what I fear, Chris, the first…
WALLACE: Sounds like you want to hold Congress hostage here, Senator.
SHELBY: The first — the first down payment is just the beginning. It’s an installment plan of billions and billions and billions. And we don’t know the end game.
The end game is here: End the bailout cycle now. Let them fail. Suck it up. Stop the handouts.
***
Ugh: Republicans divided over bailout.
Richard Shelby’s office: 202-224-5744
Mitch McConnell’s office: 202-224-2541
***
RedState: The Critical Missing Piece in the Automaker Bailout, And A Message For Senator Corker
***
Update 11:30am Eastern: White House spokeswoman Dana Perino says the deal is “likely.” Vote expected Tuesday. The fix is in.
Update 3:49pm Eastern: Draft text is here.
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Trackbacks
- A Couple Things
- At Last: The Auto Bailout Filibuster « Jane Q. Republican
- GM doesn't want to be small enough to compete, GM wants to be too big to fail | Neolibertarian at large
- Sierra Faith
- The United Socialist Republic of America | Axis of Right
- Democratic Base Pressuring President-Elect To Come Through On Campaign Promises « Goodtimepolitics
- Richard Shelby On Filibustering The Auto Bailout: Go Shelby! | Democrat=Socialist
- Another scary moment « Meh Culpa
- JABbering Stooge :: Shorter Union-bashers: :: December :: 2008
- Czars All Around « The Forum
- Scroll For Updates:Cliff Notes’ version of Auto Bailout Agreement: Borrow. Spend. Repeat. Panic. FAIL. | Right Voices
- General Morons | Grizzly Groundswell
- THE YELLING BOX › Is this France
- Michelle Malkin » We Suck 2.0: GM recycles lame apology strategy from 2003
- I’m thinking the Suck It Up plan might eventually start making sense… « Cowardly political musings…
- Offering It Up » More on the bailout of the auto industry
- Michelle Malkin » We interrupt Blago-palooza for a UAW bailout update
- Michelle Malkin » Yes: More voices for a GOP filibuster of the UAW bailout
- Don’t Let Congress Build Our Cars, Please? | The Sundries Shack
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I stand with Shelby. The automakers have a perfectly viable alternative available, it’s call bankruptcy.
I have sworn that if there is an automaker bailout I will never again buy a GM car. And I was so looking forward to an Acadia when I have another baby!
Let them go bankrupt, maybe then they can get rid of the UAW and stop paying bloated wages to wrench turners.
This morning in NYT:
The Kremlin is using the economic crisis to expand its control over Russian industry. Is the net result of a Democrat-led government bailout of Detroit much different?
Lemme see if I have this straight… You have a company that’s in trouble because I, the government, shackled you with so many government regulations that it made it virtually impossible for you to compete against foreign companies. So now I agree to ‘help’ you by loaning you someone else’s money if you agree to … even MORE regulations to make you even LESS competitive?
And here we were thinking how bad it was for a GSE like Fannie Mae to underwrite bad loans with our money? Well, apparently that ain’t NOTHIN compared to what the government can do DIRECTLY!
Congress is a bunch of mostly … LAWYERS! What could lawyer politicians actually know about running a business when all they ever really learned to run was their mouth?
With the White House and most of Congress apparently ready and willing to fork over OUR money to these three failures of businesses, we can watch another step towards socialism take place. Some day this may be a great history lesson for kids if we ever get restore freedom and responsibility to this country.
BayStateRepublican – I can’t see much difference between the Congress and Russia at this point. The liberals are using this “crisis” to take over huge chunks of industries, with the RINOs and other spineless republicans going along for the ride.
This government is acting like a communist state in peril. If we don’t stop this nonsense we’ll be yielding to a modern day Marxist/Leninist regime whose goal is to scuttle the Constitution and destroy the Republic. I called Shelby’s office and indicated my support for any attempt to filibuster any and all bailout bills . . . they appeared to sincerely appreciate the call.
How about we SHAME every single politician who votes for the crap sandwich into PLEDGING that, if the ‘investment’ they are so willing to make with OUR money does not yield a return, they will NOT RUN FOR RE-ELECTION?
Politicians have no skin in this ‘game’ – isn’t it about time that we demand that they DID?
The definition of facism is government and industry combined. When this goes through, (you are dreaming if you think there will be a filibuster) Then the USA will be closer to being a fully facist state. Bush at this point can veto, but he would only be over-ridden. Bush will be out in less than 2 months (i think even he will be glad of that) and then Obama will sign it and thats that.
Oh and GM will go bankrupt anyway, and I suspect the government will just take over the entire thing.
1. What is it with trying to pull others down instead of pulling yourself up?
2. Why not target ALL unions; teachers, SEIU, public employees, teamsters, etc.?
I say let them fail. In the end a bankruptcy is a bailout!
And for those out there who say “what about the poor workers who will be laid off during the holiday’s?”
I say they should have planned for the possibility. That may sound tough or cruel to some, but I am being laid off within the next two weeks (already been told my last day is the 29th along with 40% of the workforce), but I will survive without government handouts, because I made sure I saved for this possibility. I have enough set aside to live for 6 months without any change in habits and I am sure I could stretch that to a year if I were to be more Conservative.
sonofdy
Yep… so can we all say “YUGO”?
Hey I knew a guy who could sometimes drive his yugo to school without problems!!! His car was even dry inside when it wasn’t raining!!.
Not sure how this applies here. You will have to explain that. (might be the flu shot I got on saturday.)
Unions can be a good thing, if they don’t become TOO powerfull. They prevent abuse of workers, but many of those unions you mention are actualy making things worse overall.
Take any government aid you can get and plan for at least 1 year. Seriously, you will pay for the aid anyway so you might as well save your money. Consider some sort of self employment.
We’ll all be driving these soon comrades! .. and we will all like it too!
I wish I could find something to snort about in this piece of chicksh*t bill, but I’m too busy retching and slamming my head against the wall.
Every
ConThe-Opposite-of-Progressman who votes for this garbage is a moron. They’re just delaying the inevitable.Do all the models come with the rearview mirror dice? LOL
Hmmmm…Richard Shelby, Senator from Alabama. Home of assembly plants for Mercedes-Benz, Hyundai and Honda. Plants built with huge cash grants, tax incentives and other government-provided perks. Could it be that if the Big Three take a fall, that might guarantee said plants will continue to thrive, thus employing lots of
votersworkers?Naaah. He’s just doing this for the good of the country. Yeah, that’s it.
There’s lots of crap in this sandwich. Despite what’s being said by MM and so many others, it’s not all coming from the Detroit automakers’ side.
These are the same republicans or RINOs that are wondering why they lost in a landslide. They will pay dearly with a pink slip by voters if they vote for this and other bailouts.
These are the same republicans or RINOs that are wondering why they lost in a landslide. They will pay dearly with a pink slip by voters if they vote for this and other bailouts.
Yes comrade! They are an important standard safety feature, (operation without them is not authorized).
Great line. UAW is moaning we bailed out the financial companies, but not them. Well, the financial companies maintain the financial system for everyone, while the car companies have a very limited value. The UAW had a great run, but face it, it’s over. There’s a Monty Python sketch where a pet shop clerk is trying to sell a dead parrot to a customer. The customer protests it’s dead, but the sales clerk keeps insisting it’s alive, just sleeping. “This parrot is no more! It has ceased to be!”. The US auto industry is like the parrot. It’s dead. Let’s not buy it. After a short time its carcass will begin to stink!
Everyone yells about the “greedy” UAW workers making too much money & how their wages should be cut. Why not work on raising the pay of others?
Thus forcing more businesses to fall into bankruptcy, or increasing prices to the consumer. Great plan.
I called Sen. Bond’s office this morning, and was told he supported the bailout because thousands of Missourians might lose their jobs if the Big 3 went under. I pointed out that the problem was the unions, and that if this bailout went through they’d be right back asking for more money in a year or two, at most. That didn’t seem important to the staffer. I suggested (politely, of course!) that Bond might as well be a Democrat with his recent spending habits, and that didn’t go over too well.
The good news: at least there was enough shame to get mad at that suggestion. The bad news: it’s not enough to prevent him from still acting like a big-spending Democrat.
*sigh*
Whoever challenges Bond in the next Rep. primary, I’m supporting. I’m done with Bond. I suggest someone come up with a list of Diet Democrats like Bond that we can target for replacement by real conservatives in the next election cycle…
At least the steering wheel is on the correct side this time…
Well, there is an easy answer to that. A general rise in all wages leads to inflation. Thereby negating the purchasing power the wage increase was supposed to provide. The only losers are those iditos , like myself, who were frugile and saved. Econ 101. The value of the SKILL and DEMAND for that skill should determine the wage level. Not union extortion that creates unreasonble liabilities on the company. And if union extortion is accepatable to the company, so be it. But don’t ask me to support the unsupportable.
On December 8th, 2008 at 10:05 am, Dave from Flint said:
It would be nice if every one was rich. We do fairly well in this country. However, if everyone is a millionaire, the cost basic goods and services will start chasing those extra dollars, causing inflation. Now, back to present circumstances.
The Big 3 automakers in severe trouble. If UAW insists on keeping the same contract, they may well end up with nothing. Maybe the captain screwed up and hit the iceberg, but if the ship goes down, the crew drowns, also. It behooves everyone on board to bail.
Contact Senator Shelby:
Washington Office:
110 Hart Senate Office Building
Washington, DC 20510
Telephone: (202) 224-5744
Fax: (202) 224-3416
Email: senator@shelby.senate.gov
Loin girded.
This sounds like a conspiracy theory to me
So, liberal Democrats are willing to shovel billions of taxpayer dollars to corporations liberal Democrats vilify so that those companies can continue to build cars liberal Democrats wouldn’t be caught dead in?
And, supposedly, Democrats came to power because Republicans were fiscally irresponsible? I get the impression that if a fire broke out in the Capitol building, Harry Reid and Nancy Pelosi would instinctively start throwing money at it in hopes of smothering the flames beneath piles of bills.
How exactly do you gird your loins? What is girding?
That aside, what could be a worse idea than government subsidizing failing businesses? If the gummint wants to help the car industry and feels compelled to shower money on it, why don’t they send that cash to the successful car companies to expand their operations rather than transfuse cash into the corpse of the dysfunctional companies?
The only thing worse than the goobermint subsidizing failure is for it to use a bailout to take over management of the Big Three, micromanaging it by congressional committee. The idea that the Big Three are too big to fail is the kind of thinking that bankrupted the Soviet Union.
As if a bailout and gummint micromanagement aren’t bad enough, Obama will drive a green stake through the Big Three’s malfunctioning hearts by demanding they devote their scarce resources to building green cars, an immature technology that produces overpriced and underperforming cars few people want. It’s akin to one of Mao’s mad plans to industrialize China by having every peasant hovel smelt iron.
The inevitable gummint bailout will fail, merely delaying the death of one or more of the Big Three and the reconfiguration of their operations that must happen if any of them are to remain competitive. Declaring bankruptcy is the best thing that can happen to the Big Three, the best thing for the taxpayers, and the best thing for America.
“If wishes were horses, beggars would ride.”
We do not live in a world of wishing that everyone would have millions of dollars. We do live, for the time being, in a country where everyone could have millions of dollars. They just need to earn it. The free market is what makes this possible. People are paid to produce something of value that others will buy. If that person is paid too much the product will cost too much and won’t sell. Capitalism works everywhere it is allowed to operate. Socialism eventually fails everywhere it is tried.
I wish it were just liberal democrats, but from what I can see Bush has been the most socialistic president this country has had. He did the unthinkable for a president and said the economy was a mess when begging for a 700 billion dollar bailout. Naturally that sent the stock market into a tailspin. Now the so-called capitalists are begging for more money. They quickly turn socialist if it saves their job or their money.
begging for a
700 billionup to 10 trillion dollar bailout.I don’t know when you people will learn to vote Libertarian. Keep voting for Republicans, and keep complaining about them. You’re just enabling the vicious cycle. Break out of it and vote for true conservatives: Libertarians.
It’s called Chapter 11 you government morons.
To gird your loins meant to draw-up and tie your lower garment between your legs as to increase your mobility and agility.
To prepare to enter combat.
When I got it home I discovered the only reason it was sitting on its perch was it had been nailed there!
Since buying stock in a company is an investment in its future, instead of bailing out or ‘nationalizing’ the car industry…
How about the governnment take our stimulus checks and buy equivilent stock in each of the car companies for each individual taxpayers.
Chrysler is privately owned so I dont think this will quite work, but I bet there could be a fund created where every taxpayer is paid out of that fund too.
Heck, all of the dividends could be directed straight to the IRS in order to offset individual tax burdens.
The thing that frosts my ASS… These SANCTIMONIOUS A$$HOLES in Washington preaching to people who know how to make AUTOS, about being FRUGAL if they get TAXPAYERS MONEY… These CLOWNS wouldn’t know FRUGAL if it bit them in the ASS… How about a CAR CZAR??? Was there an AIG CZAR??? How about a BEAR STEARNS CZAR??? I know there was a CITI BANK CZAR right??? Wouldn’t it be great if one of the heads of the auto industry stood up on his HIND LEGS and said the reason our industry is in the CRAPPER is all the BS we have had to put up with from WASHINGTON??? Just one would be GOOD!!!
I just got off the phone with my @#$%^ Republican Senators. Hutchison said she wasn’t “favoring” any new bailouts, but wouldn’t come out with a “NO” and Cornyn is “undecided”. Both of the little phone answerers acted like they’d never heard of a filibuster. Senator Hutchison’s gal actually snickered a little when I suggested it. I am so furious with Washington elitism I could scream.
Hutchinson is the prototypical RINO. She voted to not fillibuster the 1st amnesty bill (claiming she would have voted against it in an up or down vote but wanted to end the debate). She voted for a fillibuster (or to not end debate) on the 2nd amensty bill but that was simply because she was up for re-election the next cycle. She does support some kind of “regularization” but wants political cover provided before she votes for it. She is a typical politician. She originally ran for office on a term limit platform. Once elected, she abruptly changed her mind by reaonsing that experieince is requried ion the gov’t. I don’t trust her. She is not as bad as many on the hill but I still can barely tolerate her fence riding.
A lady only rides side-saddle.
It is amusing a little since it would never work.
NOW, you run to Republicans.
Don’t be surprised, when they tell you, “Grow up already”
Why not sonofdy?
Should we then just lay down without a fight? Sorry, but I can’t do that. Not in my DNA.
Perfect phrase.
One of the 3 is doomed. We build enough cars in this country to satisfy demand. If they cannot sell enough to be profitable, the money should be used elsewhere. (Like giving it back to taxpayers to invest in companies that will make good use of the money.)
Am I missing the point here?
Is anyone following this story?.
Seems some worker in Chicago got laid off because their company is bankrupt. So, they are “occupying” (i.e. trespassing) the factory they used to work to demand severance and vacation pay.
Democrat congressmen and race-hustler Jesse Jackson race to the scene, demanding the workers be paid, or that the factory be forced to continue operating unprofitably (sound familiar?), because the factory’s owner’s bank was Bank or America, which received a taxpayer bailout.
Dots connected?
It gets even better…
Because the fix is already in. Its been a long time since most people in congress has given a damn about what conservatives think. After january, all it will take is 2 rinos….
Uh oh… Drudge just reported that GM has issued a “mea culpa.” The end is nigh, folks. A public mea culpa is all that Pelosi & Co. need to justify bail-a-palooza.
“But they SAID THEY WERE SORRY… isn’t that good enough?”
Now, everybody, on the count of three: bend over and grab your ankles. Uncle Harry and his Senate are going to reach in for even more this time.
Prob’ly,
But, I’ll bet, Our Little Blogger isn’t.
2cents, i too called and wrote my senators, and both will support the auto bailout, “because missouri jobs are at stake” missouri has been losing union jobs ever since it voted in the 80’s to be a union shop state. you reap what you sew. i remember having to call on bunches of my former st louis customers in arkansas and tennessee, and nothing has changed in 25 years. every time a big union plant shuts down, the union bosses and their lackey politicians come out and decry the tragedy of it all. anheuser busch is but the latest, but we’ve lost several car assembly plants and numerous other manufacturing businesses to high cost inflexible union mentality. it seems they would rather all be out of work than change. just like the plant in chicago, even when you are driven out of business, the union is still wanting to tell the owners the rules. get in line behind the secured credit holders, and if there is anything left of the car industry, you can have it. i know of several closed facilities in missouri which you can buy cheap if you can afford to tear them down and pay the epa cleanup costs. otherwise they will remain as silent monuments to uaw intransigence.
I spoke with Shelby’s office this morning. Was told the $15 billion is likely. Shelby will do everything he can to fight it including filibuster. (According to his statement on Fox this AM he doesn’t know if opponents have enough votes for filibuster)
Please make those calls to Shelby’s office. I told the lady I spoke with that he had support around the country, not just Alabamians.
Bend Over Here It Comes Again.
RWR
http://www.rightwingrocker.com
The donks won’t allow anything but a bailout. Restructuring via Chapter 11 BK would require rewriting the union contracts, and the donks will have to stand by their union buddies!
On December 8th, 2008 at 10:07 am,
Ok then, let’s cut everyone’s wages to minimum wage. That should keep businesses going.
How about UAW workers get reimbursed for the value of their labor, on a par with what workers at non-union shops make?
How about UAW workers not get paid full wages for sitting around doing crossword puzzles and playing video games?
How about UAW workers cooperate with management to redefine work rules that cause inefficiency?
If all that is too much to ask, they deserve to go broke.
How about we let companies compete? Pay enough to be able to attract comeptent workers, not so much you lose billions of dollars. Why do “we” have to be involved at all in any way, other than choosing what kind of car to buy?
Has anyone stopped to ponder,
How many Hundreds of Billions of Dollars the Auto Industry has paid on our behalf, and to our advantage, in taxes over the years?
Just spoke with Shelby’s office again. Best way to help right now: If your senator supports the bailout, call him/her. Let them know you oppose. I don’t think we need to call Shelby anymore. His phones are slammed and he knows he’s got a boatload of support. Please, if your Senator(s) is supporting this call them today!
They have paid no taxes on my behalf, but they are asking me to pay taxes on their behalf.
I take that back. They are asking my government to demand of me that I pay taxes on their behalf.
I assume, you’re in the 35% tax bracket.
I thought that painful feeling in my backside was a bout of hemmorroids. It was actually a bunch of government *ssholes forcibly ripping my wallet out of my back pocket and helping themselves to the contents therein.
Looks like it is nearing time for Preparation M (for magnum).
Not one dollar in bailout money to the Big 3; 50 years on a path where the UAW and the likes of union President Ron Middlefinger have driven millions of manufacturing jobs oversees is enough; Past time to get the union out of this equation; Join the UAW, and leave your personal responsibility at the door; That’s what it has always been about.
Point of clarification…..
The bottom line is that the socialists NEED this bailout to take control of ALL corperate America.
The end game is socialized America.
Watch and see it happen befor your very eyes. Freddie, Fannie and Acorn are just one small tactic.
In the first 4 years the adjenda is to: hide what is happening, solidify the socialist base, end free speech, take out the opposition, increase police force and extend their training, guarantee the 2010 and 2012 elections, maintain a poor economie.
The second 4 years they no longer care if they hide the actual ajenda, all the above continues plus: final destruction of the economie, end free elections, bust all classes except the ruling class, a total takeover of America. In 2016 freedom will be in the past. FOREVER.
50% of america will not understand what happend or even that anything did happen.
Watch as it happens, a few tatics at a time.
I get a kick about people worrying about the US “becoming” socialist. We have been a socialist nation for a long, long time. How many of you are willing to give up public school, the FDA, the Federal Reserve, Social Security and on and on and on?
Why get excited now?
Why do I feel like I am reliving the 70’s and the 80’s?
‘If you dont learn from your history you are doomed to repeat it’… but jeez its like none of the politicians care. (and whats the definition of insanity?)
All anyone has to do to understand that this car industry bailout is just Chrysler part deux, is to read Iacocca: An Autobiography.
We’ve been here before!!
During the ’30’s, Henry Ford paid his workers twice the minimum wage.
How did they gratuitously repay him?
They formed unions, and demanded even more.
During the ’60’s, GM came out with a compact car to compete with Foreign cars.
How did the gov’t repay them?
Ralph Nader wrote “Unsafe at Any Speed” and a concerted effort, by the gov’t was begun to undermine the effort – an effort that remains to this very day.
Now, here we are, with the Auto Industry with it’s back to the wall, and everyone is blaming “CEO’s” for “Bad Management” and, whining about loaning them any money.
This isn’t about “CEO’s”… This is about “do-gooder” politicians, particularly Union-Loving DEMOCRAT polititians, sticking their noses where it don’t belong.
And then, on a blog, that spent the entire campaign cutting REPUBLICANS off at the knees, we’re ’sposed be listening?
pffffft
you think mccain is a republican?? please.
What, exactly, is your position?
Re bailouts:
Yahoo Sports has published a complete list of the upcoming college bowl games. Some of these games have title sponsors who are in the bailout queue, including GMAC (General Motors Acceptance Corp) and Citi.
Yeah sure, these companies are hurting!
Ah, yes…
The attitude that gave us an almost veto-proof Democrat congress.
Proof… As if, any were needed.
For that I blame 2 groups.
1/Raving hate filled leftist media.
2/The GOP.
If the people actualy knew the truth, the DNC would not be where it is today.
We had that with a Republican majority.
More oversight, huh? Well whose going to watch the foxes who are watching the chicken house?
My position is,
Anyone, who, in any way, undermined the effort to put a Republican in office, gots nuthin’ comin’, and gots nuthin’ t’say.
As Our Little Blogger says: “Grow up already”
Says you. Plus, you’re being obtuse.
The Republican Party stinks, from a conservative perspective. They are on the whole a bunch of limp-wristed appeasers who tear down the Constitution with both hands in order to gain power, position, and wealth. They are Democrat-wanna-be’s.
What good is a “Republican” who doesn’t behave like one? I voted for the R ticket, but for Palin. McCain happened to be on the ticket, too. So I do have something to say.
I’m not in favor of voting in a democrat-lite, then trying to mold them into a conservative. Leopards can’t change their spots, and neither can socialists.
yeah I have grown up. I will not vote for any left-wing wacko who puts an R after his name…like Bond, Mccain, Grahamnesty…etc.
There,
I fixed it for ya’.
You got what you asked for… Quit complaining.
Because this is a GOP funded blog-site for the Republican base ……. ?
Hate to break it to you but its not. Or I seriously made a wrong turn in Poughkeepsie.We all went over this months ago.
I’ll turn on any politician that scrus me over in a second. And there’s a lot of them out there that dont dont have my backing or my support at the moment.
You’ve proved that you can string insults together in a single sentence.
Well we’re at an impasse. Either you’re right or I’m right, but sounds to me like you’re really angry about something. What are you so upset about? And who is “Our Little Blogger” supposed to be? Are you referring to Michelle?
Sad, but true. Republicans and Democrats agree that Government is The Answer to everything, and the serfs should shut up and do as they’re told. Smaller government is anathema to the ruling class, as Bill Kristol makes clear in his column today.
like we’d notice a difference?
sorry, you can bend over for the party by yourself.
until your precious republican party starts acting conservative, and having some guts, they can go bankrupt as far as I am concerned.