WASHINGTON — The Senate on Thursday night abandoned efforts to fashion a government rescue of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional Democrats.
it's somewhat strange that we didn't hear anything from them with regard to wage & other concessions from Wall St. when they voted to approve a wide-sweeping financial bailout of the nation's banks and investment houses to the tune of $700 billion.
i like the way that they're blaming the UAW for their vote against the bill. i didn't know that the UAW had a vote in the senate.
.. of course, we'll have to wait and see if george bush met with any republican members of congress letting them know he would support use of the TARP money, in order to allow the republicans to publicly stick it to the UAW, vote against the measure, all the while knowing that a bailout would be approved without them having to vote for it.
i mean, it seems crazy to apply any Troubled Asset Relief Program money to manufacturing industry.
shouldn't it only be available to Wall St.?
or am i just cynical?
wall st. is under there somewhere.
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