Senate rejects auto bailout by David Rogers + GOP Willing to Kill the Auto Bailout and the UAW

Dandelion Salad

Updated: added video

by David Rogers
Politico.com
Dec. 11, 2008

A White House-backed bailout for ailing automakers collapsed in the Senate Thursday night, pushing General Motors Corp. closer to almost certain bankruptcy absent a major intervention by the Treasury Department.

The 52-35 roll call fell well short of the 60 needed to cut off debate, and appeared to doom any chance of legislative action until a new Congress convenes in January.

“We’re not going to get to the finish line,” said Majority Leader Harry Reid “I dread looking at Wall Street tomorrow (Friday). It’s not going to be a pleasant sight.”

[…]

via Senate rejects auto bailout – David Rogers – Politico.com.

h/t: CLG

***

Updated

Countdown: GOP Willing to Kill the Auto Bailout and the UAW

heathr456

Keith talks to Daniel Gross about the GOP’s plan kill the deal on the auto bailout unless they can micro-manage the labor agreements and the emphasis by the Southern senators to kill off the UAW as a part of this deal.

Vodpod videos no longer available.

more about “Countdown: GOP Willing to Kill the Au…“, posted with vodpod

see

Senate to Middle Class: Drop Dead …a message from Michael Moore h/t: CLG

Dennis Kucinich: Our Automotive Industry Is Necessary To National Security + Paul: How Much is This Really Costing!

Automakers would cede control in exchange for $15 billion in aid + video

Hit me Congress, One More Time: Bailing Out the Auto Industry by Walter Brasch

The Economy Sucks and or Collapse 2

3 thoughts on “Senate rejects auto bailout by David Rogers + GOP Willing to Kill the Auto Bailout and the UAW

  1. Pingback: An Auto Bailout that would Work by Dale Allen Pfeiffer « Dandelion Salad

  2. Pingback: Jim Rogers Calls Most Big U.S. Banks “Bankrupt” + The Crash of 08 « Dandelion Salad

Comments are closed.