From Hot Air:
New UAW ad: You people aren’t going to put us out of work, are you?
A poignant message from the folks who helped steer American automotives into a ditch. Too bad they mentioned cars in the voiceover; otherwise this could be recycled as is, replete with the “not a banker” class resentment element, by any industry demanding a future bailout. I’m going to file it away for redubbing just in case blog advertising dries up. That would never happen, would it?
Geraghty wonders who’ll be buying cars next year or the year after with the economy in the toilet, but I think he’s only saying that because he loves bankers. Meanwhile, NRO claims that Congress has stalled on a comprehensive bailout but that a bridge loan to punt the issue to Obama is possible. A final deal reportedly could involve a “big role” for government in restructuring the companies with even a “car czar” appointed for oversight — which has worked out super for TARP thus far. What could go wrong?
Of course none of us want the auto workers to lose their jobs – we’re just wary of using taxes on our $20 an hour or so salaries to be used to subsidize $50 an hour auto workers who’s union dues go to support the very same Democratic politicians who got us into this mess in the first place. Call us cruel, if you like, but most Americans figure that if the Big Three go bankrupt then they’ll be able to restructure under new management with new labor contracts paying auto workers for the actual worth of the effort they put out.
It does appear that the grandiose plan for an auto bail out are dead, at least for now – but I hope that President Bush refuses to even provide a bridge loan. Let them go into bankruptcy – don’t put a GOP stamp on this scheme to protect the Union bosses from their own greed and idiocy; nor put a GOP stamp on giving a new lease on life to the corporate bosses who were so intent on their golden parachutes that they failed to notice that their industry was sliding into collapse.
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