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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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From: geode0012/3/2008 3:21:32 PM
2 Recommendations  Read Replies (1) of 173976
 
"General Motors Corp., Ford Motor Co. and Chrysler LLC, struggling for support in Congress for aid, won money-saving union agreements to delay contributions to medical funds and suspend a program that pays laid-off workers.

Today’s move by the United Auto Workers gives GM, Ford and Chrysler a boost as their chief executive officers prepare to testify tomorrow and Dec. 5 on their requests for $34 billion in financial help. Lawmakers have pressed the companies to show how they will survive and repay any government loans.

The proposals sent yesterday to U.S. lawmakers are more than a third larger than a request for $25 billion that Congress set aside last month, and heighten the pressure for action as a deepening auto slump quickens GM’s rush toward a default.

While President-elect Barack Obama has said he favors an industry rescue, GM and Chrysler said yesterday they won’t be operating through his January inauguration without the money stalled by a deadlock in Congress. Democrats want to use the $700 billion bank-bailout fund, and Republicans favor tapping an Energy Department loan program. "

bloomberg

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1. The right wing pig sty continues with its refusal to have more energy efficient cars. Republikans do not care if the car companies go under because they can say to their masters, big oil, they saved the world from fuel efficient cars by hamstringing the $25 billion made just for that.

2. What delays in contribution to the medical fund? The one that is being taken over by the UAW? That's utter claptrap. The rightwing liars and thieves coalition are simply placing the burden of medical care onto the public sometime in the future and using those 'savings' to bolster executive pay sooner rather than later.

3. Republikans: incompetent at everything but TAXING and STEALING.
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