Dear White House: No means no

The Bush administration apparently didn’t understand the message last night.
No means no.
Senate Republicans drew a line in the sand on bailout mania. And now the White House is scrambling to erase it and expand the crap sandwich once more to rescue the UAW.
No means no.
The White House switchboard:
202.456.1414.
***
Puke. Here’s the White House statement.
It is disappointing that while appropriate and effective legislation to assist and restructure troubled automakers received majority support in both houses, Congress nevertheless failed to pass final legislation. The approach in that legislation provided an opportunity to use funds already appropriated for automakers, and presented the best chance to avoid a disorderly bankruptcy while ensuring taxpayer funds go only to firms whose stakeholders were prepared to make the difficult decisions to become viable, competitive firms in the future.
Under normal economic conditions we would prefer that markets determine the ultimate fate of private firms. However, given the current weakened state of the U.S. economy, we will consider other options if necessary – including use of the TARP program — to prevent a collapse of troubled automakers. A precipitous collapse of this industry would have a severe impact on our economy, and it would be irresponsible to further weaken and destabilize our economy at this time.
While the federal government may need to step in to prevent an immediate failure, the auto companies, their labor unions, and all other stakeholders must be prepared to make the meaningful concessions necessary to become viable.
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Trackbacks
- BizzyBlog » If The Administration Does This …..
- Blog @ MoreWhat.com
- President Bush Still A RINO on The Automakers Bailout « Jane Q. Republican
- The Other McCain: No bailout for union goons
- Grand Theft Auto Bailout: The Day After « JoHNBRoDiGaNDoTCoM
- NO SURPRISE: UAW AUTO BAILOUT NOT DEAD | The TIW Blog
- Reverse_Vampyr » Senate votes down UAW welfare
- Below The Beltway » Blog Archive » One Final Betrayal By George W. Bush
- The Automotive Bailouts: The Other Side of the Story | Political Byline
- And the White House to the rescue (updated) | skewred.com
- There's My Two Cents
- ButAsForMe! » Dear White House: No means no
- Administration’s Unilateral Auto Bailout: Illegal or Unconstitutional | OpenMarket.org
- Illegal, Unfair Auto Bailout That Harms Retirees and Taxpayers Challenged in Chrysler Bankruptcy | OpenMarket.org
- Court Rebuffs Challenge to Illegal Chrysler Bailout and Takeover; Pension Funds Will Appeal to Supreme Court | OpenMarket.org
- Illegal Takeover of Chrysler: Pension Funds Have Standing in Indiana State Police Pension Trust v. Chrysler, LLC | OpenMarket.org
- Supreme Court Stays Illegal Chrysler Giveaway to UAW | OpenMarket.org
- Supreme Court Vacates Stay in Chrysler Case; Illegal Actions May Escape Review | OpenMarket.org
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I forgot to add “I told you so” (yeh doesnt make me feel any better either)
Chap is right. The idiot mgt did not have to accept the union proposals and should have seen the pension liability train wreck coming. They could have fought back by theatening to move the plants to non union states if concessions were not granted. The union bosses have to be the biggiest idiots around as well. Refusing to negotiate wage reductions in trade for $B’s to keep the companies form filing bankruptcy? My bet, the union bosses see the writing on the wall and are looting the union tresaury right now. “Get while the getting is good boys”. There is blame on both sides. But that still does not mean the gov’t shoudl bail them out. As far as I am concerned, it is a private matter for them to work out.
A loan turns into a “bailout”, which turns into “destroy the blue collar workers”. I haven’t seen so much hate since I was in the San Francisco airport after I came back from Vietnam.
MI has been a socialist-welfare state for 55+ years–
that’s why a house goes for a $1 in Detroit…
The unions have lost their original mission and now have placed power into a few hands-
absolute power corrupts absolutely…
SOCIALISM never works…
Salukidog said #68):
The UAW got the best deal it could for it’s members. That form of “greed” is the American way, at least when managers do it. The UAW also has negotiated givebacks in the past, and presumably will have to accept more.
It would be fine if their “agreement” stayed within the confines of their companies, and didn’t involve looting the taxpayers to keep it afloat.
Thank God lgm does not teach my child. I would home school first.
I’m with you.
Why don’t you take your comments about Michigan and shove them as far as possible where the sun don’t shine. That will put them right next to that ugly head of yours.
CAT in the mid 1990’s told UAW to stuff it during a contract dispute. UAW threatned to walk out. CAT said basically, “no problem”. CAT then hired scabs and had one of the most profitable 18 months in the history of the company. After 18 months most of the workers returned under the old contract. The UAW president was fired soon after.
CAT 1
UAW 0
Different day, different industry, but the same story.
And bin Laden thought screaming planes would bring the country down.
Nope, ya’ need decades of pernicious liberalism, combined with abject government incomptence, to get that done.
And it’s working.
Osama’s ultimate “E-ticket”!
Indeed, even if their hourly starting wage is 28.00 an hour to stand on an assembly line and help build cars for the sections the giant machines aren’t able to automate that is still a gross overpayment for a job that requires no 4 year degree to work on an assembly line building cars. I didn’t see that kind of money till after a year of being out of college in the hospital.
From the article I linked above from MSN’s MoneyCentral:
Where do I sign up for a job making 55 an hour with no degree and some cases get paid that much to not work at all? Unbelievable the balls these people have telling us we need to send them billions upon billions of dollars of your and mine hard earned tax dollars to continue a failed business model. Sign me up, where’s my bailout? Oh I forgot, I’m a middle aged white male who pays his bills and has no debts and is responsible in only buying what I can afford to and not go into debt. And I cling to my guns and my Bible. Crap…
The only thing that stopped this 14-15 dollar bailout from passing yesterday was the UAW refusing to set a hard date of when they will lower the salaries of the workers they represent to match the other car companies kicking their $#@! up and down the block and back. They think they can take on the whole world and give us the middle finger and would rather the million jobs that depend on these companies being up and running go without work than take the much needed paycut to become competitive with other car companies.
The UAW is a corrupt, bloated dinosaur that is the core of the problems with all of the Big 3. Which is why their competitors leave them in the dust. If they do get bailed out illegally by TARP I will never buy an American car again.
I thought the correct wage was whatever you could get, i.e, what the market would bear.
Don’t be bitter just because you chose to do something else.
Pfft. You know and I know the only reason they are overpaid is because of the UAW. But you were right earlier that the Big 3 share the blame for not putting their foot down to the UAW over the decades and should have forced strikes and fired the lot of them and started over with new workers decades ago. Which is why the need to go bankrupt now and reorganize with a viable business plan.
Oh, and I forgot… It appears the market “can’t bear” 30 dollars an hour for a job to pay workers for a job “so easy a caveman could do it” in this current market. So who is going to force the UAW to realize this fact and “adjust” their workers salaries accordingly to what the market “can bear currently”?
Fair enough, but don’t whine about what they used to be able to get. And they do realize they have to make concessions, but again, don’t blame them for 1) not wanting to do them out of the goodness of their heart and 2) trying to minimize the losses to the workers.
Fair enough. But it needs to be done, or we’ll just end up shoveling them more tax payer money for the foreseeable future because their old business models will not work going forward. Which is why it boggles the mind that the Democrats and UAW want to through money at a problem they know will just come back in a few months with the current business model…
Does the truth hurt?
Hey, I have no problem with someone negotiating the best contract they can get for themselves or their clients. However, if that contract forces their company to go bankrupt, then don’t expect the rest of us to pay your salary! Both sides screwed up the Big 3, and both sides should pay the price. Both sides have gotten very rich over the past few decades, and they pissed away all that money. The only fair way out of the mess is to let them fail, and let the rebuilding of a viable auto industry begin.
You may be right. Sad thing is, this makes the labor unions little better than sports agents rather than some supposed guardians of employee liberty.
The truth? That’s rich! I’ll wait to read it in the papers. Gianni Declares Michigan as a Longtime Socialist Welfare State. The Truth Finally Proclaimed.
Link for above article
Sorry.
Frankly, I think it is a damn shame that lgm isn’t typing his silly comments on a computer designed and built by unionized workers with parts made in unionized plants.
I think Cuba and North Korea are still under under a trade embargo so any crappy computer they could build and sell would be unavailable to him currently.