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11.19.2008 4:58 pm

Be wary: Congress is trying to pass the automaker bailout quickly

St. Louis Post-Dispatch
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Be wary my fellow taxpayers, Congress is trying to quickly pass a $25 billion bailout plan for the Big 3 automakers. (Automakers will make case today for $25 billion in loans) The last time we were duped into acting before thinking we were told that the banking industry was near total collapse and without the $700 billion financial bailout doom was imminent. Now, more than a month has passed and the credit market has still not loosened up and better yet, Henry Paulson calls an audible and decides that what he told the taxpayers back then what he needed the money for is no longer the case and he will now use the money in a different manner. One would have to believe that the executives of the Big 3 would be tempted to do the same thing; use the money for something other than its intended use.

Joe Patterson
South County

28 comments

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tim jones

And what would you have Obama do? Can he sign a bill? Can his choice of Treasury Secretary allocate the $700 billion? By the way you are right he has not appointed one, but if he does it by December 1 it will be one of the quickest picks ever of a Treasury Secretary.

Perhaps you would have him start negotiations with foreign nations and their financial ministers? The forum they had last week did have representatives from Obama, but they held no official status.

So if Obama did start talking to congress and did start allocating funds, you then would not be yelling that he was overstepping his authority.

He has said that when he takes office he would do what it takes to get the economy going. He has sent representatives to the forums where the nations leaders come together to discuss the issues. He does this not because he wants to act like he already is President but so he is aware of what is being said and negotiated. He is choosing his Treasury Secretary once again if chosen by December 1 would be one of the quickest selections. He has endorsed loans to the Big 3. He has talked about grants to the states for repairing roads etc, both to repair the roads and to create jobs.

This is a person who realizes that he has no official authority at the moment. He also is trying to stay abreast of the situation. He is also working to put together a government that will take office in about 8 weeks.

He also realizes that Bush could shake off the lethargy and make agreements and allocations that he would then have to live with.

So tell us exactly what you think Obama should be doing know that he is not doing.

— Bob
2:49 pm November 20th, 2008

Tim Jones

My apologies. I read your posting a bit closer. You said “Have Obamamessiah and his Obamabots forgotten that they won complete control over every single aspect of government, or are they clinically unable to do anything but bash Bush”.

I never took into consideration that you have no grasp of the Constitution. Obama has won the right to take control of the Executive Branch at noon on January 20. By your posting you evidently thought that Bush has left office for you do not realize he is still in control of the government.

Now that we understand that you do not understand the Constitution we all can take your answers with a new understanding of your postings.

— Bob
3:09 pm November 20th, 2008

Well, Tick, at least I can spell the First Amendment. But anytime you want to debate any ideas, just bring it on. Besides, I wasn’t the one talking like a jerkwater cretin — it was you.

— EJ Rotert
3:44 pm November 20th, 2008

EJ Rotert

You need to go back to a different thread and check your spelling. You are not Mr. Perfect, even though you believe you are.

— tick
3:58 pm November 20th, 2008

tim jones,

If only Bush would resign and if only Obama could take over IMMEDIATELY. Shouts of joy would be heard throught this country. The world itself is anxiously awaiting the departure of your boy, G.W.Bush. I too feel your pain. We all want Obama to take over now. The sad news I must break to you however is that you like the rest of the world, must bide you time.

— lunar
4:08 pm November 20th, 2008

True… Everyone makes mistakes. Everyone needs an editor. But I particularly make sure I don’t make a mistake when I’m calling someone else on the carpet. Comprende?

— EJ Rotert
4:08 pm November 20th, 2008

Or, if I do make a mistake, I correct it myself. I don’t let others do the work. But that is a conservative, Republican trait: letting others do the work.

— EJ Rotert
4:10 pm November 20th, 2008

Republican elephant got your tongue, Tick?

— EJ Rotert
11:57 am November 21st, 2008

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