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Sen. Shelby. Yes. You. From Alabama. You’ve been awfully vocal. You called the Detroit Three’s leaders “failures.” You said loans to them would be “wasted money.” You said they should go bankrupt and “let the market work.”

Why weren’t you equally vocal when your state handed out hundreds of millions in tax breaks to Mercedes-Benz, Hyundai, Honda and others to open plants there? Why not “let the market work”? Or is it better for Alabama if the Detroit Three fold so that the foreign companies — in your state — can produce more?

Way to think of the nation first, senator.

And you, Sen. Kyl of Arizona. You told reporters: “There’s no reason to throw money at a problem that’s not going to get solved.”

That’s funny, coming from such an avid supporter of the Iraq war. You’ve been gung ho on that for years. So how could you just sit there when, according to the New York Times, an Iraqi former chief investigator told Congress that $13 billion in U.S. reconstruction funds “had been lost to fraud, embezzlement, theft and waste” by the Iraqi government?

That’s 13 billion, senator. More than half of what the auto industry is asking for. Thirteen billion? Gone? Wasted?

Where was your “throwing money at a problem that’s not going to get solved” speech then?

My second reaction was Buick has become the top selling luxury brand in Asian countries, like Japan and China, where golf is extremely popular. There has to be a connection between Buick and golf and Tiger the spokesperson. I was thinking that now Buick has established itself as the number one brand, maybe Buick feels like it no longer needs to spend the extra millions to hire Tiger Woods and a more traditional, non-celebrity, ad campaign will suffice.

Below is a link to an interesting article from Nanacy Skinner on the greening of the auto industry, that is worth a read.
http://www.freep.com/article/2…../811200370

I just realized why SOMEBODY/IES might have wanted the Citi-Wachovia deal to succeed instead of the Wells Fargo deal. Didn’t make sense at the time why there’d been certain murmurs against any better deal.

Believe Wachovia was being investigated by Spitzer prior to his “political assassination.”

I suspect there were more friends at Citi than at Wells to clean up loose ends.

Now its Obama being a community organizer and not flat out stating that rather than just let the tax HOLIDAY for the rich last until 2011 – by not saying that TAX HOLIDAY is good foverever his is ruining the econ.

Since rich people can’t put an extension on the house or buy a second boat (to keep boat builders employeed) – umm thats called trickle down so perhaps give it a rest for a few weeks as everyone has their bullshit detectors set to 11.

Yes we should not crush the small percent of the small percent who are just into the rich range (again this depends on where you work and live – NYC and Boston is not the same as Hope, AK). But no we should not destroy the econ and crush poor people so that boat buyers and boat buliders can live.