Posted on 12/12/2008 4:13:50 PM PST by Kieri
WXYZ) Sources tell Action News that the White House and U.S. automakers have reached a deal that could prevent a collapse of the industry.
IN THE VIDEO PLAYER ON THE RIGHT, ACTION NEWS REPORTER TOM WAIT SAYS THAT A DEAL HAS BEEN REACHED BUT THAT AN ANNOUNCEMENT WILL NOT COME FRIDAY NIGHT
Our source says the agreement with the Bush administration will mirror the bill that passed the House.
We do know the White House and officials from GM have been in talks for several hours. The negotiations may also involve the Federal Reserve.
President Bush is back in Washington after a trip to Texas and an announcement could come at any time.
Bush also released a statement today saying "The economy could not handle the collapse of the car industry."
Congress is now out of the game after talks in the Senate broke down last night.
For me it was when he hired Powell.
I know, can you believe how WJR is promoting a website to boycott the cars made in the south? Wow....everyone here in freaking out!
Unions,Business and media are running huge PR campaigns against Republicans.
“.there’s a LOT of noise here in Michigan about anger against the southern states and the Republicans who voted against this bailout bill.”
As if THEY are the victims of the South.
Many Conservatives, heck even RINOs, have left the Socialist States and come down here, it seems that all that is left up there are the teat sucking, welfare recipient, union boot licking, leftist base.
Let them eat cake!
No one cares about the hundred thousand plus average workers in the banking industry who lost their jobs, their investments and their insurance. I’m not talking about the fat cats. I’m talking about the regular 9-5 office worker. The banks got their bailout and the workers still got laid off. Who is to say the same won’t happen to the auto workers?
The rest of the US needs to forget about the mitten. I hate to say it, but it needs to self destruct before things can improve.
Totally. Let all patriots head the call to leave the land of Deerbornistan and come to land of Guns and Cowboys where they shall be welcomed as family. Let they of the Michigan Socialsts under the banner of the Donkey take up arms (BB filled and slingshot-like), and come down with their face against the South, for we shall chop them like little-girl-chaff, and verily, they shall wet themselves in fear as the South teaches them the lesson of harsh humility. Yea verily, they of the Collective Ass shall sitteth down, and shutteth up, and their braying shall cease forever.
I hope they bring it on.
Yes, it is. And all of the good he has done is being wiped out of memory by crap like “Comprehensive Immigration Reform” bill, and these handouts he is so fond of.
Ditto that. I say if anyone is planning on paying their taxes as usual next year, they might as well shut up and accept this; they're enabling the next outrage.
This is utterly fubar.
This has gone beyond the point of disgusting... BTW, how did McCain vote on this in the senate?
Bush wants to delay the collapse until he is out of office.
For me it was when he started talking about “Compassionate Conservatism” in 2000.
Yesterday I spoke with a friend who worked (past tense) for Chrysler until a few weeks ago. He specialized in torque converters and computer controls to make vehicles more fuel efficient. He was offered a buyout and took it. He told us that by the time he left, the "brain drain" left Chrysler with no talent to even *think* about new products and new technology to attempt a recovery.
This could be the beginning of a whole new "North v. South" war. This time the union WILL lose (I hope!).
I'll be there too, my FRiend.
Our government is TOTALLY out of control and no longer bears even the faintest resemblance to what it was intended to be.
MM (in TX)
You have a point there for sure.
I think I may just puke right now....sorry.
Well, they can place loose with my tax dollars but they can’t make me buy a car. All the loan money in the country isn’t going to help if people aren’t buying.
Kyl and McCain both voted against it, as I recall.
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