Democrats in the hip pocket of the United Auto Workers Union
It has become obvious that the Democrat Party is in the hip pocket of the United Auto Workers Union.
President George W. Bush is padlocking that pocket shut, so the Dems couldn’t get out if they wanted to. Which they don’t.
Bush becomes the biggest ally of the auto workers union.
Bush wants to take taxpayer money to avoid the obvious, which is to let the so-called Big Three, The American Automobile manufacturers become in name what we already know they are in fact — bankrupt. This helps Bush’s newest best friend, the United Auto Workers president Ron Gettelfinger to avoid confronting the economic facts of life. The bankruptcy Chapter Eleven process would allow those corporations to be restructured, streamlined and competitive.
But Bush’s track record when it comes to stewardship of Americans’ tax dollars is scandalous. According to Katie Couric, admittedly not a Bush fan, the national debt on his watch has increased from a beginning $5.727 Trillion to most recently $9.849 Trillion, an increase of 71.9%. He now wants to use taxpayer funded bailout money to pull UAW chestnuts out of the fire.
The Wall Street Journal editorialized on December 13: No bailout will ever restore the car companies to profitability without a restructuring. Yet an explicit UAW goal is to use the bailout to avoid any such thing. [They] want to avoid the discipline that a bankruptcy could under Chapter 11.
Flying in the face of public opinion and his own party in the Congress, particularly in the Senate, where Republicans can make a difference, our President of Little Principle is writing The End to a most disappointing eight years in office.