Featherbrain Jim DeMint has actually predicted "more" riots if an auto bailout deal is passed.
“We’re going to have riots. There are already people rioting because they’re losing their jobs when everybody else is being bailed out. The fairness of it becomes more and more evident as we go along. The auto companies may be hurting,” he said, but “there are very few companies that aren’t hurting and they’re going to hurt. We don’t have enough money to bail everyone out.”I keep a pretty close eye on the news, but I must have missed those riots that have already occurred. By DeMint's logic, the more people that lose their jobs, the less likely it is that they will riot because they unfairly lost their job. That sums up republican logic.
So we can look forward to a huge downturn in the stock markets today thanks to three guys who
So, if we take the leaders of GM and Chrysler at their word, in a few weeks tens of thousands of auto workers and people who work for auto supply companies will be out of work. This should be great for the economy. But then again, republicans will have taught union members something about personal responsibility. I guess this is one way of busting unions and helping cut costs for big business.
It appears that only big finance companies and banks are worthy of being saved. Looks like Bush will need to use some of that $700 billion to save US automakers.