Just heard that Pelosi, Schumer and Reid are not giving the automakers the $23 billion they asked for; they are giving them $75 billion of your money to a flawed industry.
The United Auto Workers will not renegotiate (i.e., lower) their contracted salaries and benefits to help keep the industry afloat.
This is a Democratic payback to the UAW for their arm-twisting to have all employees vote the Democratic Party line and by doing away with secret ballots within the UAW.
The Dems are spending us into bankruptcy. I have read that the actual figure of money to be spent is closer to $2.2 trillion as more and more groups pitch their cause to the Democratic Congress for more of your money.
Citigroup will be receiving at least $25 billion from taxpayers to keep it alive. This is odd, because they paid Bill Clinton hundreds of thousands of dollars for five or so speeches in 2006-2007 (2008 figures aren't in yet).
I wonder why Congress isn't calling for Robert Rubin to resign as CEO of Citigroup. Could it be because Mr. Rubin was a Cabinet appointee when Clinton was president? One hand washes the other.
These taxpayer monies will be spent after President-elect Obama takes office. And this is the party that candidate Jim Martin aspires to. God help us if Martin wins the Georgia U.S. Senate seat, because there will be no stopping the Dems from spending us into oblivion.
America is broke, so these will be foreign dollars being spent, weakening our national sovereignty. Obama has already said he'll do whatever it takes.