Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Dems, White House move toward auto deal

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:13 PM
Original message
Dems, White House move toward auto deal
Jolted by the loss of thousands of jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current economic crisis.

Several officials in both parties said a breakthrough on a long-stalled bailout came after House Speaker Nancy Pelosi bowed to Bush's demand that the aid come from a fund set aside for the production of environmentally friendlier cars. The California Democrat spoke to White House chief of staff Josh Bolten during the day to signal her change in position, they added.

The developments came as desperate auto executives pleaded for a second straight day with lawmakers for loans to help them survive, and the government reported the worst single months job loss in 34 years.

http://www.msnbc.msn.com/id/28067839/
Printer Friendly | Permalink |  | Top
David Dunham Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:15 PM
Response to Original message
1. Jobs are the most important thing now.
Printer Friendly | Permalink |  | Top
 
Poiuyt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:15 PM
Response to Original message
2. Pelosi bowed to Bush's demands
Jesus Christ! How does this guy win every battle? Why can't any Dem stand up to him?
Printer Friendly | Permalink |  | Top
 
DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:21 PM
Response to Reply #2
4. Her day is coming, either that or our majority is short lived
Printer Friendly | Permalink |  | Top
 
BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:26 PM
Response to Reply #2
7. Barney Frank said the plan is to replace the money they are giving to the
auto companies out of the TARP funds after President Obama has assumed the office of President and greater Dem majorities are in Congress. He specifically said they would have a good chance to fight any filibusters that might arise against the new plan after Jan 20.
Printer Friendly | Permalink |  | Top
 
DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:28 PM
Response to Reply #7
8. Understood, but Mr. Frank is a bit pissed that Booshe is being allowed
to sink this Country into Depression, fiddling as America burns.
Printer Friendly | Permalink |  | Top
 
BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-06-08 12:21 AM
Response to Reply #8
13. I don 't blame him. I am really pissed too, and I would bet that P/E Obama is none too thrilled
either..
Printer Friendly | Permalink |  | Top
 
Telly Savalas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-06-08 12:04 AM
Response to Reply #2
12. In this particular case, it's because he has veto power
and she would probably fall well short of assembling a veto-proof majority for any sort bailout. With only a couple of months left in Bush's presidency, she doesn't really have much leverage to get him to sign it. So either it's some sort of caving, or no bailout.

She's been a disaster for the last two years, but in this particular case I don't really see what she could do differently.
Printer Friendly | Permalink |  | Top
 
lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:16 PM
Response to Original message
3. Deal? What I read here is "not one dime"
The only thing they'll do is "loan" money to them from a fund they'd already promised to give to them.

I really don't fucking get it.
Printer Friendly | Permalink |  | Top
 
Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:21 PM
Response to Original message
5. we have to keep our auto industry but
but they need to move production to alternative fuel/electric vehicles. Hopefully Obama will make them shift.
Printer Friendly | Permalink |  | Top
 
DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:24 PM
Response to Reply #5
6. We are shifting, as fast as technology and the supply of technology will allow
18 wheelers will never be able to be electrically motivated, it's a matter of physics and limits to battery capacity. Bio-diesel helps, but all DU ever talks about are PASSENGER vehicles. Solutions for industry are just as important.
Printer Friendly | Permalink |  | Top
 
amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:35 PM
Response to Reply #6
9. Eighteen wheelers won't be electrified, but we can electrify our rail lines.
Edited on Fri Dec-05-08 11:36 PM by amandabeech
We can move trailers and containers long and medium distances by electric rail, and save the diesel (and biodiesel) for shorter trips.

Even current diesel electric trains use 4 times less diesel than the tractor-trailer combination, and make a lot of sense for long distance shipping.

I think that displaced tractor-trailer drivers should get first dibs on new jobs in the rail industry and at trans-shipment facilities where the containers are unloaded from the rail cars and loaded onto the trailers.

We have electric hybrid drive diesel buses and delivery vehicles now. UPS is now trying the hydraulic hybrid diesel drive in large delivery vehicles. The hydraulic drive is able to capture more of the energy from the breaking than the electric system, and are expected to offer significant fuel savings.

Obviously, city buses and school buses that stop and go a lot would be great candidates for the hybrid hydraulic drive if UPS finds their vehicles to give the mileage they're hoping for and the vehicles are reasonably reliable and repairable.

I don't know if the drive would be able to be installed as a two-piece hook-together mechanism so that tractor trailers on shorter stop-and-go routes could use the hydraulic drive as well.
Printer Friendly | Permalink |  | Top
 
DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:40 PM
Response to Reply #9
10. Obama's plans (and the Congress) do not include light rail.
And the single biggest deterrent to revitalizing rail is right of way. The cost of buying the land is too prohibitive to make it worthwhile.
Printer Friendly | Permalink |  | Top
 
amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 11:55 PM
Response to Reply #10
11. I'm not talking about light rail.
Right now, rights of ways are being expanded through purchase, especially in the west coming out of the coal fields and in sections of the southern route from California to Texas.

There are also a lot of underused lines and existing rights of way that could be rebuilt for first class service.

There has been a lot of money made in rail companies recently, and it will start up again once the world-wide economy recovers.

Plans without using light rail appropriately are incomplete, really. I'll have to read Obama's again. I thought that he and his staff were actually looking to do something useful.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Dec 17th 2014, 09:44 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC