"So what's the big deal, Leo?" you may ask. "After all, they're only trying to save jobs!"
Democrats urge federal stake in big auto companies
WASHINGTON – Congressional Democrats are pushing legislation to send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.
, D-Calif., and , D-Nev., hope for quick passage of the auto bailout during a postelection session that begins Monday.
Aha, but you must understand, the government, especially government run by libs, never gets involved in anything without there being a promise of feeding their megalomaniacal lust for power and/or money.
This ain't "free money," folks. First of all, it's ours, the taxpayers' money. Second of all, the money, of course, will come with strings.
Legislation being drafted by Rep. Barney Frank, chairman of the House Financial Services Committee, and Sen. Carl M. Levin, D-Mich., would dip into the $700 billion Wall Street rescue money, approved by Congress last month, for the auto aid.Yep. And we all know how well Barney Frank and Co. did with Fannie and Freddie, don't we? And that bailout they engineered is working so well for our 401k's.
This would be a laugh-a-minute if it wasn't so sad.
Barney Frank and Co., the same idiots who couldn't even run a cafeteria on the Capitol grounds, want to run the auto industry...
No doubt, we will see a host of vehicles in the grand traditions of state-run auto companies...
Like the perennial favorite, the Yugo
Or, how about this sporty Soviet-built Moskvitch!
I hear it comes with a do-it-yourself sunroof kit, as well, consisting of a pair of tin-snips.
Alternately, you'd score big with your date if you picked her up in this classy East German Wartburg!Oh, the marvels the omniscients in the democrat party have in store for us, the consumer!
I can hardly wait.