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Economic collapse makes for strange politics...
http://www.nytimes.com/2008/12/13/busine
Well, the "leaders" in the Senate decided not to bailout the Big Three. It is interesting to note that the White House and the Democratic leadership supported the bailout, but Republicans did not. We seem to be experiencing some weird ideological reverse-polarity here.
While in the article, Republicans voiced skepticism over whether the bailout proposal would work, they may have slit their own throats in relation to the 2010 mid-terms. If one or more of the big 3 fail, and the resulting mass layoffs occur, Democrats could stand to benefit by advancing a narrative that they tried to stop this from happening, but the Republicans abandoned the Big 3, and their employees, when they needed help the most. We will see how this all plays out.
As speculation, they may be opposing the bailout as a last-ditch effort to destroy the UAW as a viable labor force. Whatever your views on the UAW, if this is the course of action the Republicans are taking, it may be the political equivalent of a kamikaze attack. You may cause enormous damage to your target, while destroying yourself in the process.
Well, the "leaders" in the Senate decided not to bailout the Big Three. It is interesting to note that the White House and the Democratic leadership supported the bailout, but Republicans did not. We seem to be experiencing some weird ideological reverse-polarity here.
While in the article, Republicans voiced skepticism over whether the bailout proposal would work, they may have slit their own throats in relation to the 2010 mid-terms. If one or more of the big 3 fail, and the resulting mass layoffs occur, Democrats could stand to benefit by advancing a narrative that they tried to stop this from happening, but the Republicans abandoned the Big 3, and their employees, when they needed help the most. We will see how this all plays out.
As speculation, they may be opposing the bailout as a last-ditch effort to destroy the UAW as a viable labor force. Whatever your views on the UAW, if this is the course of action the Republicans are taking, it may be the political equivalent of a kamikaze attack. You may cause enormous damage to your target, while destroying yourself in the process.
