Senate Democrat Leaders Praise Senator Bob Corker?

  So. What the fuck is wrong with our so-called Democrat leaders in the Senate? Are we sure that Harry Reid and Senator Dick Durbin are actual Democrats?  Reid I have always suspected of being an under-cover GOP operative trying to pose as a real American and Durbin I'm not to sure about at this point. An alien from another world perhaps? Oh wait, that would make him a Republican.

   So why are these asshats saying such good things  about Bob Corker?

Corker, a former mayor of Chattanooga who became a senator just two years ago and ranks last in seniority among the 10 Banking Committee Republicans, emerged from relative obscurity to become a key figure in the 11th-hour negotiations over a proposed $14 billion auto-industry loan package.

While the effort ultimately collapsed in partisan discord over union wages, Corker, 56, stands as a rare winner in the debate.

     Corker helped to derail the Big 3 bailout package and he gets praise from Democrats.

Corker tried to broker a deal after Senate Republicans turned their backs on appeals from Vice President Dick Cheney and White House Chief of Staff Josh Bolten to support the bailout package. The House had approved a plan, backed by President George W. Bush, for short-term loans to keep General Motors Corp. and Chrysler LLC from running out of cash early next year.

Plan B

Corker’s proposal became Plan B. His package sought to overcome Republican doubts, without alienating Democrats, by making creditors exchange some bonds for stock, and by cutting union wages to levels competitive with amounts paid at U.S. factories owned by European and Asian automakers.

    Anyway, Reid and company give Corker an " A " for effort for his attempt to screw over the UAW and the auto manufacturers. Also, for trying to screw over the hard working middle class of America.

Technorati Tags: Bob Corker,Harry Reid,UAW,Big 3 Automakers,Bailout,Dick Durbin,Middle Class

Bush Administration Screws Taxpayers With TARP Loophole

   It looks as if the Bush Crime Syndicate has fucked us once again with the TARP funding for Wall Street.

    From  MSNBC:

[A]t the last minute, the Bush administration insisted on a one-sentence change to the provision, congressional aides said. The change stipulated that the penalty would apply only to firms that received bailout funds by selling troubled assets to the government in an auction, which was the way the Treasury Department had said it planned to use the money.

Now, however, the small change looks more like a giant loophole, according to lawmakers and legal experts. In a reversal, the Bush administration has not used auctions for any of the $335 billion committed so far from the rescue package, nor does it plan to use them in the future. Lawmakers and legal experts say the change has effectively repealed the only enforcement mechanism in the law dealing with lavish pay for top executives.

  Are we surprised? What I think that we need to do this Christmas is to get our lawmakers some " Hooked On Phonics " sets so that these clowns can learn to actually read these laws/bills which they pass.

Technorati Tags: TARP,Wall Street,George Bush,Lawmakers,Bailout