Friday, December 5, 2008

Americans...Congressmen Are Listening To You Over Automakers

American are getting a little more savvy (financially and politically) thus creating a solidarity of the majority...which apparently is making Congress rethink their support of additional bailout money for the Big-3 automakers. Did they really think driving instead of flying would "bring it home"? Even if Congressional leaders fear the demise of the trio...they fear the extinction of their own careers more. Right now Unions, Pelosi, Reid, and Frank are sweating bullets. I like it!
WE THE PEOPLE are saying enough is enough! Some intelligent comments are coming out of the senate from both parties.

"No thinking person thinks that all three companies can survive, " said Republican Senator Bob Corker of Tennessee.

"In all due respect, folks, I don't think there's faith that the next ... three months will work out given the past history," said Sen. Charles E. Schumer, D-N.Y.

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid continue to press President Bush to extend a portion of the 700 bailout-billion to the no avail.
Barney Frank (Chairman of the House Financial Services Committee) says President-elect Obama is "going to have to be more assertive than he's been." Obama is doing the wise and prudent thing. He is keenly aware that there is only one U.S. President at a time. His time will come...and it is not now. It just may be that the lame duck will bring the automakers' luck... in the form of a bankruptcy revamping. I think Americans will sleep better with that option chosen.

Note: We should be most humble when we are right...but not least active.

May God bless America...and May America deserve it!

Zanne Booker 12-05-08