Well the Senate killed the Automaker bailout, but the Bush Administration wants to keep hope alive.  The automakers want $14 Billion to help them with keep going through just one quarter next year.  My question is what then?  They can’t/won’t restructure in order to cut expenses – will they be back again with hat in hand?  Yes.  Giving them a bailout will do nothing to solve their fundamental organizational problems.

With the $14 Billion bailout being killed, the Bush Administration is now talking about using the $700 Billion bailout passed a little while ago.  President Bush himself said that:

I’ve abandoned free-market principles to save the free-market system.”

HT: Michelle Malkin

Domestic Divapalooza says its time to call the White House since this this is basically in his hands.  The number is (202) 456-1414

You May Also Like

Pre-Release Screening of “I Want Your Money” Coming To Des Moines

Des Moines, Iowa – September 27, 2010 -  Polk County Republicans announced…

Mike Pence Guards His Heart and Marriage Which is Foreign to Secular Left

Shane Vander Hart: Vice President Mike Pence wants to guard his heart and marriage which to the secular left must be a completely foreign concept.

Alexander Hamilton is Out, A Woman Will Appear on New $10

Treasury Secretary Jacob Lew announced Wednesday that a newly redesigned $10 bill will feature a woman replacing Alexander Hamilton.

Caffeinated Thought of the Day: Climate Change Is Our Greatest Threat?

Brian Myers: President Obama doesn’t acknowledge Islamic terrorism as a real threat, but deems anthropogenic global warming to be our greatest threat?