Showing posts with label automaker aid. Show all posts
Showing posts with label automaker aid. Show all posts

Sunday, December 14, 2008

Republican Senators Who Support Wall Street Bankers but not Auto Workers

Here is a list of the Republican Senators who voted for bailing out Wall Street with taxpayer funds:

Alexander (R-TN)
Bennett (R-UT)
Bond (R-MO)
Burr (R-NC)
Chambliss (R-GA)
Coburn (R-OK)
Coleman (R-MN)
Collins (R-ME)
Corker (R-TN)
Cornyn (R-TX)
Craig (R-ID)
Domenici (R-NM)
Ensign (R-NV)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagel (R-NE)
Hatch (R-UT)
Hutchison (R-TX)
Isakson (R-GA)
Kyl (R-AZ)
Lugar (R-IN)
Martinez (R-FL)
McCain (R-AZ)
McConnell (R-KY)

Murkowski (R-AK)
Smith (R-OR)
Snowe (R-ME)
Specter (R-PA)
Stevens (R-AK)
Sununu (R-NH)
Thune (R-SD)
Voinovich (R-OH)
Warner (R-VA)


Here's a list of Republican Senators who voted against bailing out Detroit with taxpayer funds by voting not to cut off debate on the bill:

Allard (R-CO)
Barrasso (R-WY)
Bennett (R-UT)
Bunning (R-KY)
Burr (R-NC)
Chambliss (R-GA)
Coburn (R-OK)
Cochran (R-MS)
Coleman (R-MN)
Corker (R-TN)
Crapo (R-ID)
DeMint (R-SC)

Ensign (R-NV)
Enzi (R-WY)
Grassley (R-IA)
Gregg (R-NH)
Hatch (R-UT)
Hutchison (R-TX)
Inhofe (R-OK)I
Isakson (R-GA)
Kyl (R-AZ)
Martinez (R-FL)
McCain (R-AZ)

McConnell (R-KY)
Murkowski (R-AK)
Roberts (R-KS)
Sessions (R-AL)
Shelby (R-AL)
Thune (R-SD)
Vitter (R-LA)
Wicker (R-MS)


The Republican Senators who voted for both bailing out Wall Street and against bailing out Detroit are highlighted in red on the second list.

So, why did these Senators find nothing wrong with using up to 700 billion dollars of taxpayer money to bail out banks, but opposed using 15 billion to help American automakers? Well, according to a report in the L.A. Times, it comes down to their opposition to unions. Republicans can't stand the UAW because it supports Democrats and because it fights for ordinary Americans, you know, Americans who build the Cadillacs and Lincolns that their rich supporters drive.

Here's our political lesson for the day: You can rip off your fellow Americans, and make scads of money doing it, and these Republicans will help you out with taxpayer money if you get in trouble because of your own stupidity. If, however, you are the ordinary citizen affected by these actions, there is no protection against foreclosure and no help in saving your union job. In other words, they are less troubled by protecting corporate golden parachutes than by providing nylon umbrellas for the ordinary citizen.

Thursday, December 11, 2008

Sectionalism in Auto Bailout Debate

Last night, while the House of Representatives was taking a vote on a procedural matter on the automaker bailout legislation, CSPAN played a clip of Republican Senators denouncing the possible bailout. The Senators who spoke were Shelby from Alabama, DeMint from South Carolina, and Coburn from Oklahoma. All three states were part of the Old Confederacy.

Sectionalism is nothing new in American politics. Since the beginning of the United States, there have been sectional disputes centered around the economy. During the Jefferson Administration New England politicians debated the idea of secession. During the Jackson Administration South Carolina talked about secession. Obviously, during the Lincoln Administration secession became a reality.

All of these disputes centered around economic issues, including slavery. While slavery was a moral issue for abolitionists, it was a big economic issue in the South. A lot of Southern plantation owners had wealth tied up in owning slaves.

So sectionalism in American politics is nothing new, and sectionalism based on economic issues is certainly not new. Given that fact, then how do you rise about sectionalism? You rise about sectionalism by pointing out how interconnected the American economy is and how that what happens to one section hurts all sections.

What those of us in Northern states need to point out is that millions of Americans losing their jobs hurts all of us. Interestingly, there is an article on the Forbes website that points out that Southern auto workers realize this fact. Here is a quote from the article:

"If they go under I don't know what's in store for us," said the 41-year-old employee at Nissan Motor Co. (nasdaq: NSANY - news - people )'s Smyrna assembly plant. "Everybody at Nissan is scared."

The worker being quoted works at a Nissan plant in Tennessee. She realizes that the failure of GM and Chrysler would cripple auto production because of the effect on suppliers.

There is also the fact that bankruptcy of Chrysler and GM would actually cost more than the cost of the bailout being debated. If there is a bankruptcy, then literally thousands of jobs will be lost, leading to an increase for things like unemployment, medicaid, and a loss of tax revenue for local and state governments.

Southern politicians need to understand that poking the Yankees in the eye may lead to vision problems for residents of their states as well.