Posted on 11/10/2008 5:14:41 PM PST by Sub-Driver
Obama Prods Bush to Aid Detroit Cordial White House Meeting Included Discussion of Auto Makers' Condition By JONATHAN WEISMAN and JOHN MCKINNON
President-elect Barack Obama met at the White House Monday with the man he will succeed in January, and pressed President George W. Bush to take immediate action to help stave off the collapse of the U.S. auto industry and to aid the economy more broadly.
Mr. Obama's focus on the auto industry came as fellow Democrats on Capitol Hill started moving on their own to help Detroit gain access to federal rescue funds allocated for the financial sector. Sen. Carl Levin of Michigan said Monday that he is drafting legislation, aimed for quick passage, that would free up money from the $700 billion Wall Street rescue for Detroit auto makers careening toward seeking bankruptcy protection.
Mr. Obama and his wife, Michelle, pulled up to the White House's diplomatic entrance in an armored black limousine, a more formal transport than his usual sport-utility vehicle. They were greeted by the president and first lady Laura Bush. The current and future first couples shook hands and smiled for the cameras. Messrs. Bush and Obama walked together through the West Colonnade flanking the Rose Garden, then into the Oval Office.
President Bush and first lady Laura Bush greeted President-elect Barack Obama and his wife, Michelle, at the South Portico of the White House.
Mr. Obama's transition chief, John Podesta, held a separate meeting with White House Chief of Staff Joshua B. Bolten.
(Excerpt) Read more at online.wsj.com ...
BUSH would be a fool if he went along with this.
It is very sad to lose jobs. Everyone needs to face the harsh reality of what is going to happen to GM and maybe Ford. More money from we, the people, is only going to prolong life support, it merely delays the death of these automakers.
Time to be pro-active, go back to school, get a new trade, or prepare to move where there are jobs.
I have had to do this for years. The software industry requires it.
You need to come to terms with the harsh reality of an America with no industry-not cars, garments or steel. Also, we are talking millions of jobs. It could very well tip this country into a real old fashioned depression which means millions of Auto industry haters would also lose their jobs-ah a silver lining it seems.
I have and I am prepared. Good thing you voted for Obama, he will save you.
It is one of life’s ironies that Obama wants to save my industry and thinks it is important while McCain did not. I voted for McCain by the way.
No one can save the Detroit auto makers.
A country that manufactures nothing will not remain an economic power and will soon cease to be a military power. I guess the country is lost then.
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