republicans need to take a paycut and submit to oversight....
Best I can tell the Republican Congress of the last 8-12 years had a lot to do with the deregulation that led to this mess.
And they ran the country into the ground with unwise spending sprees creating massive debt
Sounds a lot like the accusations against the big 3.
But of course the big 3 greased up republicans to fight the CAFE standards - and if they had embraced the CAFE standards and started building efficient cars 10 years ago they wouldn't have suffered such huge losses when americans stopped buying SUV's.
SUV'S were too expensive due to gas prices which were run up because speculators knew the financial system was in danger and were looking for a new way to manipulate markets and make a huge profit.
So the wall street brokers who broke the credit markets, inflated and then destroyed the housing market, speculated wildly on oil (and other commodities) once the stock market started diving driving oil prices through the roof, THOSE wall street brokers got a bailout.
But not the auto companies, becuase they need to take responsibilty for their poor choices while nobody else does.....
These LAME DUCK republicans should realize the reason voters chose to vote them out was because of votes like this, and their complicity in the the creation of the un and under regulated shadow banking system that destroyed the economy...
And they ran the country into the ground with unwise spending sprees creating massive debt
Sounds a lot like the accusations against the big 3.
But of course the big 3 greased up republicans to fight the CAFE standards - and if they had embraced the CAFE standards and started building efficient cars 10 years ago they wouldn't have suffered such huge losses when americans stopped buying SUV's.
SUV'S were too expensive due to gas prices which were run up because speculators knew the financial system was in danger and were looking for a new way to manipulate markets and make a huge profit.
So the wall street brokers who broke the credit markets, inflated and then destroyed the housing market, speculated wildly on oil (and other commodities) once the stock market started diving driving oil prices through the roof, THOSE wall street brokers got a bailout.
But not the auto companies, becuase they need to take responsibilty for their poor choices while nobody else does.....
These LAME DUCK republicans should realize the reason voters chose to vote them out was because of votes like this, and their complicity in the the creation of the un and under regulated shadow banking system that destroyed the economy...











