Thursday, December 18, 2008

Bush Undecided on Auto Plan, Worried About Putting "Good Money After Bad"

Conservative Republican Senators from Tennessee, Alabama, Mississippi, Kentucky, South Carolina and Louisiana appear to be getting to Bush. Following the defeat of the aid package in the Senate the president gave flat-out assurances that he would not let the Big 3 go under.

Now, however, it appears that he is buying the arguments of Senators like Bob Corker (R-TN), when he says that giving help to Detroit is the equivalent of "throwing good money after bad."

These senators are monumental hypocrites and should be exposed as such. Their states receive far more from the Federal Government than they give to Washington, and they use that Federal money to subsidize the foreign automakers that set up shop in their states. Do their constituents benefit? Hardly. They are among the poorest in the nation.

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