Comments on: Apprently US Automakers DONT have Congressional Dems on a Leash http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/ Challenging Orange County's right-wing noise machine Sat, 31 Jul 2010 00:30:46 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: RichardfromHB http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/comment-page-1/#comment-36156 RichardfromHB Fri, 21 Nov 2008 18:43:28 +0000 http://www.theliberaloc.com/?p=4713#comment-36156 The economy also has some tricks in mind for the corporations. OC commercial real estate vacancies are more than 17%, some malls are experiencing cash crunches, and a loss of cash flow in the commercial RE sector may free up some local political races from being a rush for the RE bucks. Check it out at: http://www.latimes.com/business/la-fi-fdic19-2008nov19,0,2337262.story The economy also has some tricks in mind for the corporations. OC commercial real estate vacancies are more than 17%, some malls are experiencing cash crunches, and a loss of cash flow in the commercial RE sector may free up some local political races from being a rush for the RE bucks. Check it out at:
http://www.latimes.com/business/la-fi-fdic19-2008nov19,0,2337262.story

]]> By: Steve Kim http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/comment-page-1/#comment-36149 Steve Kim Fri, 21 Nov 2008 14:24:48 +0000 http://www.theliberaloc.com/?p=4713#comment-36149 Before further "enabling" the failed American CEO culture of greed, the entire executive structures should be removed. If I screwed up this bad in my field, I would definitely be banned and possibly jailed. Before further “enabling” the failed American CEO culture of greed, the entire executive structures should be removed.

If I screwed up this bad in my field, I would definitely be banned and possibly jailed.

]]> By: Bladerunner http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/comment-page-1/#comment-36143 Bladerunner Fri, 21 Nov 2008 05:45:32 +0000 http://www.theliberaloc.com/?p=4713#comment-36143 Thanks your your take and link Heather. It's an important perspective. Note the GOP was not complaining about inefficiencies and bloated saleries in the banking industry when voting to bail out Wall Street. While automakers don't have Democrats on a leash, I would wager that congressional Democrats don't want to have the backbone of what remains of industrial America to be broken on their watch. It's appropriate to attach conditions to loans or grants(more should have been attached to funds going to the financial industry) but lets not kid ourselves---the congressional Republicans(outside the Midwest)have no desire to lend a helping hand to Detroit. The $25 billion program was money already designated to go to Detroit so the Republicans were'nt giving up anything to shift the withdrawl from the $700 billion fund(which would have taken money away from their financial industry buddies). There was no plan for $700 billion for the auto industry. And Steve, Harry Reid IS a congressional Democrat. Thanks your your take and link Heather. It’s an important perspective. Note the GOP was not complaining about inefficiencies and bloated saleries in the banking industry when voting to bail out Wall Street.

While automakers don’t have Democrats on a leash, I would wager that congressional Democrats don’t want to have the backbone of what remains of industrial America to be broken on their watch. It’s appropriate to attach conditions to loans or grants(more should have been attached to funds going to the financial industry) but lets not kid ourselves—the congressional Republicans(outside the Midwest)have no desire to lend a helping hand to Detroit. The $25 billion program was money already designated to go to Detroit so the Republicans were’nt giving up anything to shift the withdrawl from the $700 billion fund(which would have taken money away from their financial industry buddies). There was no plan for $700 billion for the auto industry. And Steve, Harry Reid IS a congressional Democrat.

]]> By: Heather Pritchard http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/comment-page-1/#comment-36142 Heather Pritchard Fri, 21 Nov 2008 05:25:07 +0000 http://www.theliberaloc.com/?p=4713#comment-36142 I think it's more complicated than just bailing them out. Right now, the workers are being scape-goated for the high cost of American cars and it's not fair. These CEO's still took their private jets to their testimony! It's just not black and white. Read this... http://www.dailykos.com/storyonly/2008/11/20/32150/218/119/663984 I think it’s more complicated than just bailing them out. Right now, the workers are being scape-goated for the high cost of American cars and it’s not fair. These CEO’s still took their private jets to their testimony! It’s just not black and white.

Read this…

http://www.dailykos.com/storyonly/2008/11/20/32150/218/119/663984

]]> By: Revan http://www.theliberaloc.com/2008/11/20/apprently-us-automakers-dont-have-congressional-dems-on-a-leash/comment-page-1/#comment-36141 Revan Fri, 21 Nov 2008 05:00:21 +0000 http://www.theliberaloc.com/?p=4713#comment-36141 You just have to love the free market. Companies only concerned with their self interests. What could go wrong? You just have to love the free market. Companies only concerned with their self interests. What could go wrong?

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