Honda is riding into the red. Toyota is expected to post an operating loss for the year. They have even indefinitely put a hold plans for completing a new plant that was to build the much hearalded Prius. You know, the car that has been mentioned constantly by Congressmen touting how the [...]
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Filed under: Congress, Economy, Failures
No, I do mean the Big 3. I am talking about the States that are so dead set against a loan for the Big 3, but yet want to use subsidies to try to entice foreign automakers to open plants in their State. These are the very same States that need to TAKE [...]
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Filed under: Congress, Economy, Failures
Just how clueless is the GOP when the Bush administration realizes how bad becoming “The Hoover Party” is, and how their union busting efforts which could sink us into another Great Depression, but yet the wingnuts in the Senate are still more worried about busting unions and protecting foreign autoworkers in their own States?
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Filed under: Bush, Congress, Failures, Wingnuts
Crooks and Liars has the story that Richard Shelby Threatens Filibuster Over Auto Bailout. Now as they point out, this is not really a surprise since his state, with foreign automakers, would stand to benefit from the Big 3 failing.
But it is even more than that. This I suspect is the start of [...]
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Filed under: Congress
Need more proof that the refusal to loan money (as opposed to giving it to Wall Street) is steeped in union busting and that the “they don’t make good cars” line is all rhetoric? Well, all you have to do is look at November’s auto sales numbers, where you see that U.S. auto sales [...]
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Filed under: Congress, Failures
No, not Joe The Plumber, but grateful Joe Lieberman. Joe, since your were allowed to keep your chairmanship on Homeland Security and Governmental Affairs, and since you are such warm friends with President Bush, what do you say you take a stroll over there and speak to him about why Congress hasn’t seen (or [...]
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Filed under: Bush, Congress, Failures
Like a gift that keeps on giving, the name Jack Abramoff is back in the news, as yet another guilty plea comes down. This time the guilty please comes from a former aide to Sen. Kit Bond (R-Mo.)
The Citizens for Responsibility and Ethics in Washington has the story:
Trevor Blackann, 34, a former aide to [...]
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Filed under: Congress, Lobbyists
It is amazing, You know the saying, those who forget history are doomed to repeat it (fine, I may be paraphrasing, so what?), well it seems that this has proven true yet again. It seems the last time unemployment was as high as it is now is when Daddy was in office, 16 years [...]
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Filed under: Congress
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