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George W. Bush "..would back demands for an auto industry bailout if Democrats support the stalled 'free trade' deal with Colombia." - Tabacco to Bush: DROP DEAD! ECONOMIC COMPROMISE UNACCEPTABLE!

posted Thursday, 13 November 2008

 

George W. Bush “..

 

would back demands

 

for an auto industry

 

bailout if Democrats

 

support the stalled

 

‘free trade’ deal with

 

Colombia.“

 

– Tabacco to Bush:

 

DROP DEAD!

 

ECONOMIC

 

COMPROMISE

 

UNACCEPTABLE!

 

 

 

 

Tabacco: Many years ago, George’s father, George H. W. Bush, told New York to “Drop Dead!” I think those same sentiments are applicable to the son.

THANKS BUT NO THANKS,
 
 
MR. BUSH; WE CAN WAIT
 
 
70 DAYS UNTIL PRESIDENT
 
 
OBAMA TAKES OFFICE!
 
 
WE DON’T NEED
 
 
LAME-DUCK BARTER!


 


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If the shoe were reversed, and President Obama offered to trade Detroit for an FTA, Bush would wait it out! He would deny Detroit because automakers are not a GOP Favorite.

GOP Presidents do NOT represent ALL THE PEOPLE, but only their CHOSEN FEW! Why would McCain think he could win Michigan! Why would working people ever vote Republican!


 
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http://www.democracynow.org/2008/11/11/headlines

Bush Links Auto Industry Bailout to Colombia Trade Bill

Bush said he would back demands for an auto industry bailout if Democrats support the stalled “free trade” deal with Colombia. Congressional Democrats have held up the deal over human rights concerns. Obama cited the repeated killings of Colombian union leaders during his final debate with John McCain last month. Democrats want to use some of the $700 billion in bailout money for major car companies like General Motors. GM’s stock price has fallen to its lowest level in sixty years. The Democratic plan would give car companies up to $50 billion in taxpayer money. Neither Obama nor President Bush took questions after the meeting. Speaking at the G20 summit in Brazil, US Treasury Under Secretary David McCormick said the Bush administration is cooperating with the transition to an Obama White House.

    US Treasury Under Secretary David McCormick: “The administration has been in touch with the Obama—President-elect Obama’s team, as well, and there’s an openness to making sure that he’s very much up to speed on what will be discussed, and may or may not participate depending on the interest of the President-elect.”


Admin Boosts AIG Bailout by $40B

In corporate bailout news, the Bush administration unveiled a new plan Monday to inject more money into the insurance giant American International Group. AIG will receive an additional $40 billion, bringing its taxpayer tab to $150 billion so far. The new plan also gives AIG more time to pay back the loan at a lower rate.


Fannie Mae Posts $29B Loss

Meanwhile, the national mortgage giant Fannie Mae has reported a $29 billion third-quarter loss. Fannie Mae executives say they may seek another round of federal bailout money before the end of the year.


Fed Refuses to List Banks Drawing $2T in Federal Loans

A new controversy has erupted over the Bush administration’s refusal to identify banks on the receiving end of almost $2 trillion in taxpayer loans. The Bloomberg news company has sued the Federal Reserve to release a list of borrowing banks and the troubled assets they’re putting up as collateral. The Fed says it won’t release the list to avoid financial panic. The bank loans have come outside of the $700 billion Wall Street bailout package and don’t require congressional approval. The loans were made under the auspices of eleven different government programs. Eight of them have been created in the past fifteen months.


Pentagon Advisory Group: Military Budget “Not Sustainable”

A senior military advisory group is warning President-elect Obama the Pentagon’s budget is “not sustainable” and should be scaled back. According to the Boston Globe, the Defense Business Board has told Obama to cut expensive and obsolete weapons programs to focus on other priorities. An internal briefing says, “Business as usual is no longer an option”. A recent Government Accountability Office report found cost increases in the Pentagon’s ninety-five largest weapons programs went nearly $300 billion over initial estimates.


Judge OKs Lawsuit for White House Emails

Back in the United States, a federal judge has ruled a lawsuit seeking the release of Bush administration email records can proceed. On Monday, US District Judge Henry Kennedy rejected White House efforts to have the case dismissed. The Citizens for Responsibility and Ethics in Washington and the National Security Archive have filed suit over what they say are millions of missing White House email messages that should be on the public record.
 

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http://www.answers.com/topic/quid-pro-quo




Tabacco: For the past 3 years, I have been repeating the obvious – the members of the Bush administration are thieves, liars and murderers. They are, in effect, the 21st century version of La Cosa Nostra!

The “Culture of Corruption” applies mainly to individual malfeasance. I refer to a pervasive Conspiracy among the Leaders of Big Business and our Political Leaders, mainly but not exclusively Republicans. Big Money flows into Democrats’ pockets too! Switching back and forth between Republicans and Democrats or backing a 3rd Party – in and of itself is pointless; the first option is ridiculous and the second is foolish.


CHANGE!

 

When attempting to correct bad situations, bad people or bad legislation, you must do 4 things:

1 – Remove the people, committed to bad system.

2 – Alter or Replace the bad system.

3 – Ensure that the New System or the Revised System, as well as the New People, are not Worse than that, which was replaced or altered.

4 – Analyze ALL OPTIONS – there is no such animal as T.I.N.A. (There Is No Alternative) There is always a Good or Better Alternative to Bad Legislation and Bad Legislators! But Ping-Pong between a Bad Democrat & a Worse Republican is INSANITY!



Tabacco: I consider myself both a funnel and a filter. I funnel information, not readily available on the Mass Media, which is ignored and/or suppressed. I filter out the irrelevancies and trivialities to save both the time and effort of my Readers and bring consternation to the enemies of Truth & Fairness! When you read Tabacco, if you don’t learn something NEW, I’ve wasted your time.


In 1981's 'Body Heat', Kathleen Turner said, "Knowledge is power".


 
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T.A.B.A.C.C.O.  (Truth About Business And Congressional Crimes Organization) – Think Tank For Other 95% Of World

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1. Tabacco left...
Thursday, 4 December 2008 4:13 pm :: http://tabacco.blog-city.com/

AMERICA IS TRIVIAL! One more instance of IMAGE over SUBSTANCE!

Detroit's Big 3 showed up in finest supercars and deplaned from newest private jets. TV's Talking Heads noted early and often how incongruous that is in this time of AUTO CRISIS, coming to Congress with their hats in their hands begging for $25 Billion Loan.

So this time, after doing their "homework", they return in Ford Model Ts after coming across country on Greyhound. But now they want twice the original request. Do you really believe their modes of conveyance indicate anything except PR?

But guess what! I bet they get their Request this time! We'll see if the restrictions and supervision are any better than in the Wall Street Bailout!

Unrepentant people can read newspapers, watch TV and consult their lawyers. So if we know they gave the "wrong image" the first time, they know it too. Changing one's image has nothing to do with changing one's actions.

TV Talking Heads always ask, "What can GOP do to change voters' perception of them?", not "What changes can GOP make to change the GOP so more voters will give them the nod over Democrats?" - TV's Worst are not even embarrassed to ask that question! That's the worst thing about it. NO SHAME IN THEIR GAME!

Tabacco


2. Tabacco left...
Wednesday, 10 December 2008 2:36 pm :: http://tabacco.blog-city.com/

Look for what is missing, not for what's included:

TV tells us the Dems & GOPers in congress are on verge of a Deal for Detroit. I don't know the details yet, but I'm looking for "guarantees that jobs will NOT be 86ed at GM, Ford & Chrysler". And why Chrysler is included is another ABOMINATION!

I also want to hear the words, "CEO resignation". When they promise oversight, regulation, review and supervision, read the fine print!

Remember, we heard all those promises just a couple of months ago re Wall Street Bailout - look what happened! Incidentally, Tabacco informed you when Obama became president, the money would be gone. $335 billion of $350 billion in first-half of $700 billion are already GONE! Was I right or was I right!

Tabacco


3. Tabacco left...
Friday, 19 December 2008 2:25 pm :: http://tabacco.blog-city.com/

After 8 years, George W. Bush finally did "something" to benefit the "Rest of Us"! He has decided to give auto industry (GM & Chrysler) "Bridge Loans". Does anybody out there believe it was accidental or just "good fortune" that $15 Billions of that 1st half $350 Billion Wall Street Bailout are still in Paulson's mitts? No, they retained it on purpose, realizing it would be needed by auto industry. And Bush gave Paulson that figure! So long as all $350 Billion were gone by January 20, 2009, it is a fait accompli!

There are very few accidents in modern American Politics. Misfortune is accidental - Good Fortune is invariably the result of PLANNING!

Tabacco