UAW Bailout Dead For Now

The UAW bailout is dead, for now.  Congress will return in December to again consider the bailout, but first the Democrats want to get a business plan from the automakers.  Do you think the Democrats will honestly pass a bailout if the automakers got rid of the labor unions?  President-elect Obama and his people are looking at a possibility of a pre-packaged bankruptcy, under which the Big Three would be able to file for bankruptcy with backing from the federal government.

 

At least GM is making a small positive step:  they're downsizing their luxury jet fleet.

 

Bailing out the Big Three could start a trade war around the world.

 

Obama is probably going to wait a while before he repeals "don't ask, don't tell."

 

Obama's advisors are still trying to lower expectations.  They've been doing that since before the election, and they're worried that The Messiah's popularity might fade after he doesn't solve everything within a year.  It might be too late; a New York Elementary School has already been renamed for Obama, and DC is estimating up to 5 million people for the inauguration.

 

Barack Obama has produced a radio ad for Jim Martin.  Meanwhile, the latest battleground issue in the Senate race is the "card check" legislation, which Saxby Chambliss opposes.  Jim Martin again has union members coming in from out of state to help him.  With the talks of the Big Three going under, MSNBC wonders if "card check" is the best hope for the UAW.

 

Erick Erickson over at RedState.com points out why the Republicans really need to purge their ranks of moderates.

 

With all of the panic over the economy, at least one economist is standing up and pointing out that we're not even approaching anything like the Great Depression.

 

The Republican Party brand is down in popularity, but that's not because they've been too conservative.  A majority of Republicans want the party to move back to the right.

 

Gas prices are below $2 a gallon nationally.