Dems will spend us to oblivion

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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.

Floyd Brown

Grovetown

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Former Augustan
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Former Augustan 11/28/08 - 01:23 am
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Mr. Brown: Almost none of

Mr. Brown: Almost none of what you wrote has any basis in fact - where did you get this crap? You obviously have no idea of what is really happening in the US, and are like most of the other redneck republicans who comment on the Chronicle articles. Don't bother to insult me, because once I post, I never look back to see who's insulting me.

patriciathomas
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patriciathomas 11/28/08 - 04:47 am
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Mr Brown, the D.C.

Mr Brown, the D.C. politicians, both major parties, have lost their way and are spending like drunken sailors. The Dems were replaced by Repubs. because of this and now the Repubs are replaced by Dems for the same reason. It's called insanity, doing the same thing and expecting different results. Switching back and for between the two parties doesn't seem to be helping the situation. What else do you recommend?

I4PUTT
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I4PUTT 11/28/08 - 05:40 am
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Farmer Augustan, you wasted

Farmer Augustan, you wasted your post. You presented no facts, no basis for disagreement, nothing. I know you never look back, but you should at least read ahead. What was stated in general in this article is true about both parties right now. We should be voting for change and we should have the audacity of hope. The change should be to vote out all who support these bail outs in both parties. This would include Obama. We should continue to vote out any one until they get the message that it is our money and we want it spent wisely.

Ga Values
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Ga Values 11/28/08 - 06:36 am
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Both of our RINO Senators

Both of our RINO Senators voted to Bail Out Wall Street, At this point we have passed $3 TRILLON of gifts to these crooks and not fired the management team that caused this disaster. Saxby ofcourse got over $2million from the Wall Street LOBBYIST so he dids OK himself. If you don't hold SAXBY accountable how can you complain about the DEMOCRATS?

cparker
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cparker 11/28/08 - 08:13 am
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I believe if we fix some of

I believe if we fix some of our foreign policy priorities we will be fine. The Iraqi's are begging us to leave and give their security and finances back to them. I feel we should leave Iraq immdediately. I don't agree that we should bailout the UAW basically. Ford, GM, & Chrysler should allow all of them to lose their jobs and rework their collective bargaining agreement with a union or employees that understand they have bankrupted the automakers. It is clear the bailout would do nothing to save their jobs otherwise. Remember, it wasn't very long ago the domestic automakers were in bed with big oil companies. Why can't they ask the oil companies for a rescue plan with the billions they made each quarter of last year?

jeelmy
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jeelmy 11/28/08 - 08:47 am
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The so-called outsiders, who

The so-called outsiders, who are actually insiders (FED, big banking, and big corporations) hate the Independents because the Independents truly advocate for change. Nothing changes with the 2 party system that keeps us divided. Please stop me if I ever vote Dem. or Repub again, please.

WW1949
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WW1949 11/28/08 - 08:50 am
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cparker, I do not agree with

cparker, I do not agree with much of what you write but I do agree with you this time.

palomino9
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palomino9 11/28/08 - 09:03 am
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there is no money left, the

there is no money left, the bush admin. has spent it all on a stupid war

MrOrlet
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MrOrlet 11/28/08 - 10:09 am
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The Wall St. bailout was

The Wall St. bailout was necessary, though admittedly ineffective. If the financial infrastructure fails, businesses will lack the opportunity for capital investment. The result would be fewer transactions between buyers and sellers and an increase in lost jobs. At least they were on the right track.

Bailing out the auto industry is a farce. The same people who caused the problem are now purporting to fix it. Let market forces do that. If the auto makers put out a better product and are unencumbered by government, they just might be successful.

What we need to do is grow GDP, RIGHT NOW, to shortenthe approaching recession. Consumer spending accounts for about 60% of GDP, so we need to influence that number. Giving people their money back will accomplish that. The incoming administration needs to keep its promise of tax cuts for 95% of Americans while making permanent the "Bush Tax Cuts". Government spending only affects a small portion of GDP and it's a mistake to focus on that. Give US the billions that are beign spent. Let's not forget, it's OUR money these idiots are spending.

If this does not happen, we need to vote for another change come midterms in '10.

pofwe
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pofwe 11/28/08 - 10:31 am
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When a government can print

When a government can print money without gold, silver, or any other intrinsic value backing the monetary system, ... ROLL the PRESSES & print us out of debt. Wait until the other shoe falls. We can thank FDR & LBJ for this "fine mess" they've gotten us into this time. How has the dollar maintained any international value when it is only paper & ink promising the bearer, ... nothing, nil, zero, nota, blanko ... ?

jack
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jack 11/28/08 - 11:44 am
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The LAST thing needed is

The LAST thing needed is bailing out the auto industry (UAW) as they have sucked the life out of the American auto industry. HOwever, the DIMs are in the UAW's pocket, so they will now be bailed out without any re-negotiations only to fail again without paying back what they borrow. Not having secret votes on unionizing will force more companies into unionization and higher cost for products across the board or more comapnies will go over seas. You elected them, now you who voted for them don't whine.

MrOrlet
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MrOrlet 11/28/08 - 04:14 pm
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To Pofwe: Actually it was

To Pofwe:

Actually it was Nixon who removed the backing of the dollar. The dollar has value in and of itself BECAUSE the government controls the money supply. If you want to see what happens when we "roll the presses and print us out of debt", I suggest you read up on the hyperinflation in Germany during the Weimar Republic. At one point you could exchange $1 for 1 TRILLION Marks. Printing more isn't the answer.

liberalles
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liberalles 11/28/08 - 05:34 pm
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Mr. Brown, It is true that

Mr. Brown,
It is true that a new stimules package will cost near the 2 trillion dollar mark. That is how bad the Republicans ran this econemy in the ditch! You're all worried about the Dems and the coming deficet spending, you seem strangly mute on the 10.5 trillion dollars of debt left by Bush and co. That was the result of an ill advised war and the insane tax cuts for the very rich.
As to the bail-outs I'm just as unhappy as you are.
the biggest reason for the banking and Wall St. meltdowwn, unfettered de-regulation by the Bushies.
The reason that the auto industry is in the crapper, upper managment unable to see outside the Suv box. As for you asserting the UAW refuses to re negotiate new contracts, you should do bit of research before climbing on your soapbox. I'm a retired auto worker , I can assure you that we've given several concessionary contracts in the last few years. When I see or hear someone railling against the union workers, why do they never include the obscene pay packages for managment?
The last negotiation we agreed that new emps. hire in at half rate. Since 1988 all emps. are on a defined contribution package. No more legacy monies

Farful
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Farful 11/28/08 - 10:52 pm
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all it takes is money. a

all it takes is money. a billion here a billon there...soon it adds up to be real money,

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