Flint Expatriates: Bailout Bill Stalls in Senate

Thursday, December 11, 2008

Bailout Bill Stalls in Senate

Many of the Republican senators who gave Wall Street a $700 billion handout with no strings attached are refusing to vote for a $14 billion bridge loan for the Big Three, despite almost total government oversight of the money. The so-called bailout bill appears to be dead in the water.

3 comments:

Blackiswhite, Imperial Agent ProvocateurDecember 11, 2008 at 4:48 PM
As it should be.
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AnonymousDecember 12, 2008 at 4:00 PM
Ok, it's one thing to argue the point using one's actual NAME and standing by what one has to say. It's quite another to lob an anonymous bomb into the air. Shame on you.
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MeganDecember 13, 2008 at 10:42 AM
So why should Wall Street get a bail out and not GM? These people working for the Big Three - a lot of them - are actually working for their take-home pay, getting their hands dirty, coming home with an aching back, etc. Not sitting in some climate-controlled office playing Monopoly with other people's money. I just glanced over your blog, and while you state your conclusions clearly, you might want to try taking a look at current events from a point of view other than the white-collar straitlaced Republican one. Believe it or not, walking in someone else's shoes can be educational.
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Thanks for commenting. I moderate comments, so it may take a while for your comment to appear. You might enjoy my book about Flint called "Teardown: Memoir of a Vanishing City," a Michigan Notable Book for 2014 and a finalist for the 33rd Annual Northern California Book Award for Creative NonFiction. Filmmaker Michael Moore described Teardown as "a brilliant chronicle of the Mad Maxization of a once-great American city." More information about Teardown is available at www.teardownbook.com.

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