Big Three Bailout– Dems Plan $25 Billion Detroit Rescue

The Senate will meet on Monday to debate the bailout of the troubled auto industry. A dozen to 15 GOP votes in the Senate will be needed to prevent opponents from blocking it in the Senate.
Titan Trader at Power Line Forum asked today:

Why should a taxpayer making $50 grand per year be expected to bail out NON-Skilled Union laborers making $152,256.00 per year. SKILLED Union Electricians who went through two years of day school and four years of night school – paid for by themsleves- make only half as much as the United Auto Workers.

UAW Contracts Put Detroit On Road to Ruin, and A $50B Bailout Would Only Be The Down Payment

Carpe Diem has more on Nationalizing Detroit.

More… Bush Makes Democrats Take Blame for Auto Bailout

UPDATE: Doug Ross— “Failure must be tolerated.”

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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