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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...
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Reid and the Dems need to call the Repubs bluff. Let them filibuster. Put those blowhards like Vitter on TV and let the American people see it for themselves. They'll come around pretty quickly once they realize they're going to be held accountable for this B.S. None of them wants to be there all weekend. Keep 'em there all the way through Christmas if that's what it takes to break the filibuster.
I'm sick of the Dems caving in all the time. Suck it up, Harry, and fight.
Where's Jimmy Stewart when we need him?
December 12, 2008 7:22 AM | Reply | Permalink
Thank you, Debbie!
Did you catch how the Republicans are doing their best to blame the UAW? Like the UAW will be okay telling their members that they'll have to take a substantial pay cut immediately instead of over the course of the next couple of years.
My guess is this: I think all along the Big 3 were hoping to get their hands on the un-regulated TARP funds. Congress was just trying to LOOK like they were pushing to impose limits and requirements on the bailout money, insure it was never going to pass, and THEN they could turn to un-regulated TARP money with the country's support. I really think this was a lot of posturing to develop cover for themselves so they could cut a blank check without the howling that came from the financial bailout.
December 12, 2008 9:44 AM | Reply | Permalink
Yep, Congress needs to take a "haircut" before imposing a wage cut on autoworkers. Then they need to move NASA support facilities from Alabama to Michigan.
December 12, 2008 12:49 PM | Reply | Permalink
What few remaining Republicans that now exist are those where the right side of their brain is rotted with greed while the left side believes in the rapture; therefore, they lack the humanity to give a shit.
As far as I'm concerned, they can gather their putrefied decaying remains, load them into their stinking Hummers and get the hell out of here.
"America. Love it or Leave it."
December 12, 2008 8:13 PM | Reply | Permalink
The Southern Republicans are full of s**t. They care nothing for working class people. I am ashamed that my state (Ky) and other Southern States keep voting for these ass*****. They do not care for us. They are union busters. We have always been the poorest region of the country and the lowest paid. Need I say why?i tell people time and time again: unless you are wealthy, do not vote for them. Virgina, N.C. and FL have finally learned. Now, if KY and the other states would learn, the South will be a better place.
December 12, 2008 11:35 PM | Reply | Permalink