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View Full Version : Auto bailout prospects revived in Senate




Lucille
12-11-2008, 06:57 PM
Those faux conservative, Corporatist bastards. If the Republicans let this thing go through, the GOP is done as a party.

I have f'n had it with the filthy lot of them, and this whole sickening, immoral mess.

Auto bailout prospects revived in Senate (http://biz.yahoo.com/rb/081211/business_us_autos_bailout.html?.v=16)


WASHINGTON (Reuters) - Prospects for an auto industry bailout revived in the U.S. Senate on Thursday as surprise negotiations on a compromise moved forward and a vote was possible later in the day.

Senate Majority Leader Harry Reid said on the Senate floor that the deal, if struck, "would overwhelmingly pass" the chamber that just hours ago seemed resigned to sending the automakers back to Detroit empty-handed.

The scenario at the core of the possible compromise was proposed by Sen. Bob Corker, a Tennessee Republican, who would grant loans under stricter conditions than favored by Democrats and the White House.

"Good faith negotiations are going on as we speak," Reid said.

More from Bloomberg (http://www.bloomberg.com/apps/news?pid=20601087&sid=a1sEC.eCjrdQ&refer=worldwide).

bojo68
12-11-2008, 07:04 PM
Ron Paul said that they may just be posturing to get the bill fattened up enough that they all get their cut, and then it goes through, just like last time.