Standing in the well of the House today, Thad McCotter (R-MI), who I sincerely like, did what the constitution expects — he stood up for his constituents and voted for the bailout.
I’d expect nothing less of a Congressman from Michigan. The bailout will benefit his constituents.
But in his floor speech imploring others to do the same, he ran aground on some populist rhetoric. McCotter said:
There have been those who said bankruptcy is an option. Many people have said bankruptcy is a preferred option. I suppose bankruptcy is an option for those who it is not a option for. Why? Because those who like bankruptcy should first impose bankruptcy upon themselves and to see how their family feels when their future has been foreclosed, when they have no job, when they have no hope, when they believe that they had been forgotten because they are a number.
Congressman, no, we won’t be filing bankruptcy. See, the rest of us run our businesses wisely, stand up to union greed, don’t hire high powered lobbyists to go to Congress to make things tough for competitors instead of actually building a more competitive company, and mismanage our financial resources.
Those who suggested bankruptcy did so because bankruptcy is the avenue you and your colleagues put in place for situations like this. No one else in America can get the bailout you guys want to give the auto industry.
Tomorrow, hundreds of Americans will file for bankruptcy. Most of them will do so because of dire, medical circumstances taking a financial toll. They will not get a bailout from you. The auto makers are not in the same boat. They just decided to run their businesses in the ground. And you want to reward them.
Now they won’t learn from their mistakes thanks to people like you.
But the people of Brazil thank you! Thanks to your vote, and if Congress passes this, GM is going to revitalize the auto industry and jobs market in Brazil! Muito obrigado!
Fire Tha...
Leon H. Wolf Wednesday, December 10th at 11:22PM EST (link)Nah, not again.
————
They’re *illusions*, Michael. A trick is something a whore does for money. Or candy!
I'm Starting To Really Dislike This Guy
IJB Wednesday, December 10th at 11:28PM EST (link)What I’m getting from this guy is not “principled politician”.
What I’m smelling from this guy is “demagogue”.
P.S. Did any Dems in the House vote against this?
20 Dems voted against...n/t
Attack Mode Wednesday, December 10th at 11:31PM EST (link)n/t
“Land of the Free and Home of da Whopper” Peter Griffin…Family Guy
conform and celebrate diversity….or else!!!
Steel-Belted Radial Right Winger
“I’ll create 5 million jobs from out of unicorn farts and pixie dust” Justatron paraphrasing Obamessiah…yes I love it that much.
Well he and his fellow congresscritters made it harder...
JadedByPolitics Wednesday, December 10th at 11:31PM EST (link)for the good people of the United States to get relief from a bankruptcy court for their good friend the credit card folks……you see Congressman McCotter you all make it hard for hardworking folks who see medical bills kill their future to get relief THEY ARE NOT “to big to fail” and then you come to those same fine AMERICANS and take their hard earned money in the form of taxes and expect them to BAILOUT your cronies, you know those who are supposedly “to big to fail” and whine and cry (Boehner comes to mind).
NO MORE BAILOUTS!
Whoever has his enemy at his mercy &
does not destroy him is his own enemy
555!
GregInFla Wednesday, December 10th at 11:42PM EST (link)So, if Thad represented NYC, he’d have voted for the TARP bailout, or as Michelle Malkin termed it Crap Sandwich II. Such a man of principle, not.
– A true evolutionist would let endangered species die off. Anyone care to change sides?
Support Marco Rubio for US Senate.
The rush to funnel funds is again making some of the "otherwise reasonable" folk lose their minds
JLenardDetroit Thursday, December 11th at 1:03AM EST (link)This “the sky is falling” as a reason/excuse to push through bad policy and throwing bad money after good is ridiculous…
I am AGAINST any plan that does NOT remove the burden of Govt. OFF the auto-makers, not pile more burdens and controls on!
Even though this is part of some previously committed $25 Billion, I would consider support if it took away the stipulations of increased burdens it was/is to impose. We are not getting that… We are getting more…
The only “good thing” I’ve perceived from any of the discussions (I know Thaddeus personally, worked with him on other peoples campaigns and he worked with me on one of my campaigns) is that this “Car Czar” notion would be someone appointed by Bush and that Obama would have to live with to be the final “decision maker” on if the funding continued. TROUBLE IS that we cannot trust Bush to appoint a PRO-BUSINESS / ANTI-GOVT meddling person to be that Car Czar….
SO I STILL OPPOSE THIS!!!!
(additional disclosure: My Father is retired GM… and he and my Mother rely heavily on that GM pension … AND STILL I OPPOSE THIS! Shame it may be the “best” that will come out of DC… The additional Bailout money that will go to the Big-3 next year under Obama will impose still/yet MORE bad-business driven “requirements” of them.)
(RS:Help) (JLD) (Hollyweird) (Brain-deads) (SPIN-cycle) (Obamaocare) (Party of kNOw) (Conservatism) (TEApeats) (respectful) (Reco) (Quotes) (removeRINOs.com) (Merry RSmas)
+ 0bama Lies & your Bank acct will Die! (4/15 Truthers)
+ Heil “O” Hell No Obamao is NOT MY PRESIDENT! “No U won’t”
+ I want “O” to FAIL (here, here, & whole Diary (Ofail) here, is why)
“The first Liberal was Satan” - a Rush caller (other Quotes)
Dear Thad McCotter
Darin_H Thursday, December 11th at 1:20AM EST (link)In 2007, Toyota sold 9.37 million vehicles.
In 2007, General Motors sold 9.37 million vehicles.
In 2007, Toyota made $17.1 billion.
In 2007, General Motors lost $38.7 billion.
___________________________________
Hey Darin_H...
mbecker908 Thursday, December 11th at 9:33AM EST (link)I assume those numbers are both worldwide figures. If that’s correct, do you have just the North America numbers?
Thanks.
Thad and the bailout get my vote....
Marcus_Traianus Thursday, December 11th at 8:00AM EST (link)When;
-There is a complete ban on lobbying for the entire industry,UAW and all their trade groups; no loopholes
-There is a ban on all political contributions, PAC’s, etc. from all parties above
-They make it illegal to collect/use union dues for political purposes
-When “Card Check” is killed, forever
-Congress takes a pay cut
-The CAFE standards are dropped and auto industry regulations are completely overhauled
- The “czar” (I love the appropriate anti-democratic nomenclature) has the authority to immediately suspend any government regulations, UAW rule/contract stipulation etc. as they see fit.
-The “tsar” is not a current or former politician, union member, lobbyist, lawyer or acolyte of any political persuasion. Lee Iacocca gets my vote.
Then, maybe this gets my investment dollars.
Thad? He gets the seat next to Susan Collins and the other false prophets.
“Both of our political parties, at least the honest portion of them, agree conscientiously in the same object—the public good; but they differ essentially in what they deem the means of promoting that good. One side believes it best done by one composition of the governing powers; the other, by a different one. One fears most the ignorance of the people; the other, the selfishness of rulers independent of them. Which is right, time and experience will prove.”.Thomas Jefferson
Contributor to The Minority Report
Thad and the bailout get my vote....
Marcus_Traianus Thursday, December 11th at 8:00AM EST (link)When;
-There is a complete ban on lobbying for the entire industry,UAW and all their trade groups; no loopholes
-There is a ban on all political contributions, PAC’s, etc. from all parties above
-They make it illegal to collect/use union dues for political purposes
-When “Card Check” is killed, forever
-Congress takes a pay cut
-The CAFE standards are dropped and auto industry regulations are completely overhauled
- The “czar” (I love the appropriate anti-democratic nomenclature) has the authority to immediately suspend any government regulations, UAW rule/contract stipulation etc. as they see fit.
-The “tsar” is not a current or former politician, union member, lobbyist, lawyer or acolyte of any political persuasion. Lee Iacocca gets my vote.
Then, maybe this gets my investment dollars.
Thad? He gets the seat next to Susan Collins and the other false prophets.
“Both of our political parties, at least the honest portion of them, agree conscientiously in the same object—the public good; but they differ essentially in what they deem the means of promoting that good. One side believes it best done by one composition of the governing powers; the other, by a different one. One fears most the ignorance of the people; the other, the selfishness of rulers independent of them. Which is right, time and experience will prove.”.Thomas Jefferson
Contributor to The Minority Report
add: Plentiful fuel
RetNAV Thursday, December 11th at 8:32AM EST (link)Allow oil companies to explore/drill in United States so when the world economy recovers, oil doesn’t start spiking again, causing gas to go up, thus driving down sales of autos that Americans want to buy and drive (trucks, SUV’s, vans, etc.)
Stop causing artificial shortages of fuel.
I never want to hear again of bipartisanship. The only time I want a Republican “reaching across the aisle” is to smack a liberal.