Bush says he is concerned that the automakers will not survive, but he is totally unwilling to take any action. It's clear that General Motors will be forced into bankruptcy by the end of the month and that Chrysler will fail no later than late January. Those collapses will then eat away at Ford's supply base and ultimately destroy whatever is left of the auto industry in the upper Midwest. Dealerships will close, tool-and-dye shops will close, subcontractors of all kinds will either slash their work force or go straight out of business. All autommakers will then be disrupted. The United Auto Workers will basically cease to exist.
Not his problem anymore. He's too busy not doing anything to actually do anything.
UPDATE: And here's the proof his party is willing to join on in, a half-assed $15 billion package that is much less than is needed and will start the whole thing over again in January:
Several officials in both parties said a key breakthrough on the long-stalled bailout came when House Speaker Nancy Pelosi bowed to Bush's demand that the aid come from a fund set aside for the production of environmentally friendlier cars.
NATURALLY, the short-sightedness that caused this in the first-place occurs again.
Un-fucking-believable -- except I've lived through 8 years of "un-fucking-believable" so now I'm wondering if rational is the new "un-fucking-believable"?
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