Saturday, December 13, 2008

Senate Republicans Give Workers The Finger

In a move that displays an almost shocking display of disregard for Americans workers, Republican senators refused to support a bill aimed at bailing out American automakers. It is simply amazing that the neocons are so short-sighted and self-serving that they would sacrifice 3 million jobs on the altar of an ideology has all but destroyed this country's future.

Pelosi got it right when she stated:

“Senate Republicans’ refusal to support the bipartisan legislation passed by the House and negotiated in good faith with the White House, the Senate and the automakers is irresponsible, especially at a time of economic hardship,” Ms. Pelosi said in a statement.

“The consequences of the Senate Republican’ failure to act could be devastating to our economy, detrimental to workers, and destructive to the American automobile industry unless the President immediately directs Secretary Paulson to explore other short-term financial assistance options."



We can only hope the Federal Reserve steps in and does something to help the Big Three--otherwise, it is very likely we will be plunged into another Great Depression, as millions more people lose their jobs and homes. You have to wonder how many children will end up sleeping in cars and going hungry if nothing is done.

Too many right-wingers still don't get the fact that we are all in this economy together, and that the ripple effect from the loss of the American auto industry will have effects that will ripple far and wide--note that many of the senators who voted against the bailout live in southern states that have foreign auto plants. If they think killing GM, Ford, and Chrysler will help their own states, they had best think again--if too many people end up losing their jobs, they won't be selling any cars, either--and so Toyota and all the other foreign auto plants will soon share the Big Three's fate.

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