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An Auto Industry Stalemate, Courtesy of The Decider

By Ben Pershing
Amid the constant focus on the Obama transition effort and speculation about the future -- Will he give a speech in Cairo? Who will fill the remaining Cabinet spots? -- it's easy to forget sometimes about the current occupant of the White House.

But the ongoing stalemate over an auto bailout is providing a useful reminder that George W. Bush is still in charge of more than just lighting the national Christmas Tree. And while Jan. 20 may not seem that far away to most Americans, it might just be too late for GM and the affiliated companies and employees that depend on it.

The Big Four Democrats on financial matters -- Pelosi, Reid, Frank and Dodd -- reiterated yesterday their desire for the Bush administration to shift some of the existing financial bailout money toward helping the auto companies. That solution would work nicely for Democrats, as it would let Congress leave town next week without having to forge a tough compromise, and it would remove one immediate challenge from Obama's post-Inauguration plate. But Bush is holding firm.

Continue reading at Political Browser»

By Web Politics Editor  |  December 5, 2008; 8:49 AM ET
Categories:  The Rundown  
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Next: Washington Sketch: Congress Drives Home the Point

Comments

"Bush is really the do nothing President. That has been evident since day 1, almost eight years ago.
Posted by: racam | December 5, 2008 10:04 AM"
------
Not that I am a fan but,
Since 911 there has not been an attack on our homeland, much of this has to be credited to the creation of the Department of Homeland Security, an amalgamation of pre-existing agencies bound to work together.

He apparently has done much to combat AIDS in Africa, something I would not expect from a GOP president.

Let me see, I know there is more but can't think of it right now.

Posted by: JRM2 | December 5, 2008 7:11 PM | Report abuse

Mwhoke makes sense and Gator-ron does not.

I would love to know how much in campaign contributions the UAW and the Big 3 gave to Frank, Pelosi, Reid and Dodd,

It is a given fact that Dodd and Frank went overboard in previous years to protect Fannie and Freddie and that they know refuse to admit their failures.

It appears to me that Gator-ron is just another far-left kook!

Posted by: JoeJankovic | December 5, 2008 3:17 PM | Report abuse

Bush is really the do nothing President. That has been evident since day 1, almost eight years ago. He has tried, and failed, to do more for the people of Iraq than for the people of the US. Why not let him take his coloring books and coke and booze to Dallas and get started decorating his new house that he paid for with taxpayer money. Good riddance to him and his family. As far as the bailout or loan or whatever, it is quite evident that the big 3 automakers will be right back with their hands out before the middle of next year. Be it Reid, Pelosi, Dodd, etc., every one up there has their hands in someones pockets other than their own.

Posted by: racam | December 5, 2008 10:04 AM | Report abuse

Of course it would be better if we had a president who was still interested in serving this country. However planning his retirement and working on recreating history is what occupies his mind. When we choose a man who is unfit to serve he does it from start to finish.

Conservatives have failed in the last eight years at least in the area of economics. But we should not be too harsh on them because everyone failed by allowing greed to overcome common sense. Hopefully the Obama administration will coincide with a little more pragmatism by all of us.

Revisionists like mwhoke need to be ignored because all they are interested in is promoting a failed ideology. Their ideology failed every bit as much as socialism.

Posted by: Gator-ron | December 5, 2008 9:41 AM | Report abuse

P.S.

Seeing Dodd received was a "Friend of Angelo" from CountryWide Financial and received favorable treatment on his mortgage, which he claims he knows nothing about!

I would hope the media would look into how he obtains the vehicles he and his family drive? He did appear to very friendly with the head of the Connecticut Automobile Dealer's Association!

Posted by: mwhoke | December 5, 2008 9:32 AM | Report abuse

Barney Frank and Chris Dodd will fashion a bailout for the UAW and the "Big 3". Then when the companies go bankrupt and the taxpayers get stiffed, they will hold a press conference and blame everyone else.

These are the same two individuals who backed Fannie Mae and Freddie Mac for years when they were making unsustainable loans to individuals in exchange for campaign contributions. When Fannie and Freddie went crying for help from the government both Frank and Dodd blamed everyone but themselves.

I would hope the media articulates how much in campaign contributions that Reid, Pelosi, Frank and Dodd received from the UAW and the "Big 3"!

Posted by: mwhoke | December 5, 2008 9:28 AM | Report abuse

The comments to this entry are closed.

 
 
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