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Dec 12 2008

Auto Bailout On Hold For Now It Seems

Published by ken77 at 10:17 am under Everyday Living, Financial Edit This

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The Auto Bailout is still waiting in Congress and it looks like it could be there awhile as Republicans would not sign off it unless autoworkers took a pay cut. Now I am on the autoworkers side on this. Why should they take a cut when it was the companies mismanagement that has put them in this situation nothing the workers did. Congress needs to get this deal done as it will be a devastating loss to loss one of the Big three automakers, but maybe that is what Congress wants.

People are losing their jobs everyday and that is a shame that Congress does not care about it. Everyday people are losing their hoes, jobs, and cars and all Congress wants to do is add things to the bill instead of getting it through. Obama has his hands full dealing with this group in Congress that is for sure while the American people wait to see how many more jobs they will lose.

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