I Think They've Got It!

So the bailout is starting to turn into a loan with conditions. Good! After all of the criticism from the Democrats of the Bush administration for not handing the big 3 a $25 billion dollar bailout, they are now back-peddling and demanding some responsibility for our tax dollars. Once again the press is praising them for this. Senator Carl Levin is drafting a bill to loan the automakers money "as needed" and with the condition that they create a viable plan. Duh! While we all agree that something must be done, we have learned enough from history that throwing money at corporations doesn't guarantee it will save jobs or even the long term survival of the company. I don't hear any media praise for President Bush for NOT giving the Big 3 a Big check. And what would he have to lose? He could just hand it to them and go. If they fail anyway, he can say "Well, I did my part." But he didn't and he is leaving it up to the congress that will be held accountable in the 2010 election. Finally, after eight years, Bush learned how to play politics with the Democrats. His legacy will be his failure to understand that the Democrats can't be trusted. It's what did his Dad in.
Let's just hope that any aid that the automakers get will help them to rebuild their infrastructure and that the unions don't attempt to slurp it up. A little advice to the top auto brass as they go forward in their quest for government funds: Take off the Italian suits, fly commercial airlines and spend a little time on the showroom floor. Right now you look to all America like spoiled little rich kids who are crying because you are out of cookies. And you have the gall to claim hunger with crumbs on your faces and a broken cookie jar on the floor. If you can't, then it's time for you to turn the kitchen over to someone with a clue.