To me, this is an advert that would have been impossible without the 2008 election. The Obama administration saved the domestic auto industry despite the bitter objections of Republicans and a number of Democrats who claim to be progressive. When the auto companies nearly failed, the Republicans were there to attack American prosperity with everything they had. Jim DeMint, who should be serving in the Confederate Senate, not the US one warned of riots.
In an interview following a Dec. 10 press conference where he and four other senators aired their opposition to the proposed bailout deal struck by congressional leaders and the White House (and approved by the U.S. House of Representatives 237-170 that evening), Sen. Jim DeMint, R-S.C., warned that the perception that some industries are being bailed out and some aren’t could lead to violence. “We’re going to have riots. There are already people rioting because they’re losing their jobs when everybody else is being bailed out. The fairness of it becomes more and more evident as we go along. The auto companies may be hurting,” he said, but “there are very few companies that aren’t hurting and they’re going to hurt. We don’t have enough money to bail everyone out.” DeMint blamed the unions for pushing this issue as far as it has gottenAnd the scumball Senator from Alabama got too much credit from the Wall Street Journal.
Mr. Shelby's objections are rooted in the interplay of long-held principle and home-state interest. The Democrat-turned-Republican has always been opposed to bailouts and big government. At the same time, his state of Alabama is home to manufacturing outposts of several foreign auto makers -- including Toyota Motor Corp., Honda Motor Co., Hyundai Motor Co. and Daimler AG's Mercedes-Benz -- that have competed successfully with U.S. auto companies.Shelby, of course, has no principles at all and is ready to shove his way to the pig trough with the porkiest of them.
Updated: 9/9/2010, 10:39 am | The unusual “blanket hold” placed on Obama administration nominees by Senator Richard Shelby, represents an effort to support a firm that has contributed more than $100,000 to the Alabama Republican over the course of his long political career, according to a Center for Public Integrity analysis. Shelby reportedly initiated the blanket hold in an attempt to back a $35 billion tanker contract for Northrop Grumman and EADS; the plane would be built in his state.The common thread is that in both the Grumman/EADS contract and the auto plants in Alabama is that the key technical work and engineering is developed in and belongs to foreign companies and American workers would be low wage assemblers. Like DeMint, Shelby's loyalty to the Confederacy should preclude him from serving in the US Senate. And professional Democratic backstabbers like Robert Reich tried to help him (warning! DFox link) : " The answer is not to bail out GM. It is to smooth the way to a new, post-manufacturing economy."
Like what you read? Chip in, keep us going.