Bush isn't working on a plan to help auto workers - He's 'making up his mind'.

[bigtree]

Just on MSNBC . . . said Bush 'hasn't made his mind up yet' whether to aid autoworkers out of the TARP fund.

Typical of this creep.

[spanone]

1. fuck him...he's already gone

[bigtree]

3. too bad for autoworkers waiting for help

[spanone]

5. we're only a month away from the obama presidency and he's promised to help

[madokie]

19. I trust PE Obama to do whats right too.

[bdamomma]

2. he wants to take them down, when has he ever done

anything right for the American people. NEVER.

[peekaloo]

4. waiting for another shoe to drop?

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[JDPriestly]

6. Bush is not reviled enough as it is. He wants to attract even more

anger and disgust. That's his only hope for having an excuse to stay in office beyond January 20.

Bush is hoping to incite street riots. It won't happen. We are all eagerly awaiting Obama's inauguration and expecting the Democrats in Congress and the White House to do the right things from that point on. Obama's daily press conferences give us hope. Someone cares about the interests of Americans. Obama gets it.

[Purveyor]

7. The question now is will GM file for bankruptcy before Christmas or the new year. eom

[bigtree]

9. that's been their aim all along

. . . and, in the process, break the union contracts.

No such pressure against the banking executives or their employees. That was an 'emergency.'

[Romulox]

12. What do you want them to do? If the company is insolvent, it's either Chapter 7 or 11

If it's 11, the only way to save money is to avoid/renegotiate contracts. If it's 7, well...

If our Senators (and I most emphatically include Reid et al.) hadn't let us down, we wouldn't be in this position.

[bigtree]

15. depends on what they intend to eliminate or change in the contracts

If those concessions are along the line of giving up job protections or reworking their retiree health-care trust fund, that may be fine and acceptable to auto workers and the union.

But, if they're talking about stripping away their wage rate agreements then I think it's not something they should be forced into accepting by Congress' and the WH's inaction.

I didn't hear a peep about reducing the salaries of the lower level employees of these banks and lending agencies.

[Romulox]

20. They will undoubtedly reduce wages and benefits in a Chapter 11

The savings have to come from somewhere. It sucks and I am against forcing them into bankruptcy 100%. But there is little other choice at the moment, with Detroit not having any real supporters in either the WH or the Congress...

[ikojo]

14. A paralegal friend told me that Chrysler has

already obtained counsel to pursue bankruptcy. She works for a bankruptcy attorney and saw the blurb in some legal newsletter.

[Romulox]

21. It's GM that retained Bankruptcy counsel.

Though I wouldn't be surprised if Chrysler has now, as well.

[Purveyor]

23. Actually it was Chrysler that announced they had retained BK counsel before GM. eom

[BeFree]

8. Waiting on a bribe?

Or waiting til they promise to name a car after him?

Remember the Edsel? Lets see, they could name the new car the Hoover2.

[Uben]

10. He'll do it....

...just as soon as he can get a promise from congress to extend the tax cuts for the rich for another fifty years.


And, given the current congress, it'll be done by noon!

[bigtree]

11. I'm thinking he's holding out

. . . for a green light to spend the rest of the Tarp funds - 95% to buy more inflated bank stocks from his money-moving friends and 5% for an automaker bridge loan.

[ikojo]

13. He's running out the clock

so that it like so many other things becomes Obama's problem.

If the American auto industry goes under Bush wont be blamed (Americans have NOTORIOUSLY short memories when it comes to news), the blame will fall on Obama.

[Birthmark]

16. Bush will wait...

...until GM is on the steps to the courthouse. Then, he'll offer a take-it-or-leave-it plan that guts the UAW. It's a win-win for Bush and the Republicans. If the deal is accepted, the unions are gutted. If the deal is rejected...well, that's the fault of the evil unions.

[TankLV]

17. WRONG! He's trying to see how he can SCREW the workers - as usual...

If he wanted to "help" the workers - which, BTW, he has NO history of ever doing, he could have done it WEEKS ago.

He just want's to figure out a way of helping his CEO buddies keep their salaries and parachutes and bonuses and retirement, while at the same time getting rid of the UNIONS and all their pensions, benefits, health care and other safety nets.

The "have" and "have mores"...

[PVnRT]

18. Pocket vetoing the auto industry

Bush takes another coward's way out, just like Vietnam.

[Nikki Stone1]

22. The union needs to get out there holding shoes up.

(Or brake shoes.)