Lame Duck President Bush has angered conservatives almost non stop since his entry into office. His expansive No Child Left Behind program, his $1.3 Trillion prescription drug benefit, this $700 Billion Bailout, etc. have really upset the small government sect of the Republican Party. But now Mr. Bush has one chance to leave office on a quasi-good note with conservatives.
Congressional Democrats on Monday delivered to the White House an emergency $15 billion taxpayer bailout of Detroit’s beleaguered Big Three automakers, designed to keep the companies in business until the Obama administration can tackle the industry’s long-term woes.
But there were signs that the political wrangling over Detroit’s future was not over, with the White House voicing concerns about parts of the congressional bailout blueprint, which calls for a “car czar” to oversee efforts to revive the industry.
The White House was less than thrilled with the congressional draft over its lack of focus on long-term restructuring for the companies, even though Democrats bowed to the administration’s opposition to tapping Wall Street bailout money.
A Car Czar? Really?
President Bush must do everything he can to prevent this bailout from happening. We cannot socialize the automobile industry. I want to write a huge explanation about why that would be a terrible thing, but I feel like it would be insulting my readers’ intelligence.
Tags: auto industry, Bush, car czar
December 9, 2008 at 11:07 am |
You know the one thing W could do to stop this bailout: Veto. If the veto looks bad, the Republicans could say it was only W’s idea on his way out. If it looks good, it would make the whole party look good. A veto would be a win-win either way.
See ya on Twitter.
December 10, 2008 at 6:19 am |
cool. Now we can centrally plan the production of automobiles…what next…centrally planning my next Dr. Appointment?
December 10, 2008 at 9:48 pm |
There’s been talk of nationalizing the oil industry also. No, they’re not conservatives.
December 10, 2008 at 9:49 pm |
I’m tired. It was supposed to be “they’re not socialists”
January 12, 2009 at 1:57 pm |
Oh, but did you hear? Rob Martin, we now have a “Climate Czar!”
…The next 4 are gonna be stellar!
February 6, 2009 at 5:31 pm |
Why no more blog? I miss it, Robert!