Friday, December 12, 2008

Senate Republicans Kill Auto Bill

Because it would have given normal people the means to live a normal lifestyle.

The Senate on Thursday night abandoned efforts to fashion a government rescue of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional Democrats.

The failure to reach agreement on Capitol Hill raised a specter of financial collapse for General Motors and Chrysler, which say they may not be able to survive through this month.

After Senate Republicans balked at supporting a $14 billion auto rescue plan approved by the House on Wednesday, negotiators worked late into Thursday evening to broker a deal, but deadlocked over Republican demands for steep cuts in pay and benefits by the United Automobile Workers union in 2009.

I'm sickened. Republicans' ideological - privatize wealth! socialize risk! - and political - break the unions' backs! - reasons are disgusting.

This is not to say that this was the greatest plan ever - it wasn't - and that we needed to act right now - we don't - but there are principled objections that they could have made to the bill. Instead, they acted upon the most base and wretched motives.

Link.

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