AndyH
Well-known member
lne937s said:evnow said:Are Republicans using Volt as a proxy to attack Obama ?
http://evworld.com/news.cfm?newsid=23754
President Obama has averted the Bush-Cheney depression, and given the US auto industry a fighting chance. Needless to say, that isn’t the narrative either conservatives or the status quo media want to push right now.
But it’s hard to attack the auto industry directly, especially since it is doing much better than anyone could have expected given overall economic conditions. And so we have that bastion of the status quo media, the Politico, giving Rush Limbaugh a whole story on his “Obama Motors” spiel and nonsense like this, “Limbaugh said the Volt, as well as other hybrid automobiles — such as the Toyota Prius, which sells for roughly $30,000 — are nothing more than an expensive way to promote the environmentalist agenda.”
I think right-wing talking heads may be using it. The GM bailout is a terrible thing from a conservative ideological standpoint.
However, I doubt you will hear much from the Republican establishment. Ed Whitacre is a key figure in the Texas Republican party, is very close to the Bush family, was a Bush Ranger (top tier fundraiser), McCain fundraiser, and has been a friend of Karl Rove since before W was elected. No doubt this was an Obama compromise to prevent the majority of Republican outrage about the politically unpopular bailout.
From Ingrassia's Crash Course page 224:
Bush/Cheney negotiated a bailout but the final vote died in the Senate when the "heartless 'party of no'" stood firm and the bill died in the Senate.The gathering crisis made unlikely bedfellows of the Bush White House and the Democrats in the House of Representatives, who...on the weekend of December 6-7...hammered out a compromise on Detroit: $14 billion in emergency loans to keep GM and Chrysler in business until March 31, during which time a new government "car czar" would help them craft a long-term restructuring plan.
As the negotiations had neared a climax, White House staffers had quietly passed the word that if Congress wouldn't provide money to GM and Chrysler, President Bush would do it himself. Within days the president diverted $17.4 billion from the $700 billion bank-rescue package to keep the companies afloat for three months.
Bush's executive order required the two companies to submit new "viability plans" on February 17, outlining the measures they would take to return to profitability. George W. Bush, quite simply, wasn't going to preside over the bankruptcy of General Motors or Chrysler - icons of both American industry and American culture - during the waning days of his presidency.
Bush dumped the problem on the Obama administration. The new president's team hit the ground running and did the work that GM and Chrysler failed to have to guts to tackle.