2016 Postmortem
Related: About this forumSorry Hillary, Bernie supported the auto bailout
Whoops!
12/11/08 5:50PM By Bob Kinzel
http://www.vpr.net/news_detail/83206/leahy-sanders-reluctantly-support-auto-industry-re/
Senator Bernie Sanders voted against the $700 billion bail out of the financial services industry but he says this package is different:
(Sanders) "The problem is if you don't act in the midst of a growing recession what does it mean to create a situation where millions of more people become unemployed and that could spread and I have serious concerns about that I think it would be a terrible idea to add millions more to the unemployment rolls."
A large number of Republican senators are threatening to block consideration of this bill.
Senator Leahy is angry about this possibility:
(Leahy) "These are the same people who voted billions of dollars with the idea that it's supposed to create jobs in Iraq well what I'm saying we're in a crisis in America we should be concentrating on what kinds of jobs we create in America."
Leahy says it's too soon to tell if a compromise bill can be drafted in time for a Senate vote before the weekend.
virtualobserver
(8,760 posts)Trustworthiness just isn't her thing
pdsimdars
(6,007 posts)And this is who the Hillarians support? A serial liar. WOW!
aspirant
(3,533 posts)Maybe waiting for the Fox town hall for fireworks?
metroins
(2,550 posts)That provided funds for the auto bailout.
Sanders voted Nay.
You can argue why he did, but the bill that actually provided the funds, in real life, he voted Nay on.
http://www.politico.com/story/2008/10/the-senate-bailout-vote-014196
CdnExtraNational
(105 posts)metroins
(2,550 posts)You shouldn't be arguing whether Bernie voted yay or nay on the Detroit bailout. Because he voted Nay on TARP, which is where the funds came from in REALITY.
Factually, if the funds came from TARP, and Sanders voted against TARP. Then Sanders voted against the bailout.
Your argument should be on whether TARP was a good thing or a bad thing.
EESA and TARP Sanders voted against.
http://maplight.org/us-congress/bill/110-hr-1424/352600/contributions-by-vote
CdnExtraNational
(105 posts)Bernie voted for the auto bailout.
Bernie voted against the bank bailout (TARP).
Thanks to President Obama for taking some of the money out of the bank bailout to help the auto industry.
I guess you weren't paying attention back then.
jfern
(5,204 posts)Even a Democratic Senator from Michigan, Stabenow voted no. Are you going to claim a Democratic Senator from Michigan voted against the auto bailout. Lets keep this beliveable.
The funds for the bailout came from TARP.
That is the reality.
https://www.treasury.gov/press-center/press-releases/Pages/tg139.aspx
EESA and TARP Sanders voted against.
http://maplight.org/us-congress/bill/110-hr-1424/352600/contributions-by-vote
CdnExtraNational
(105 posts)The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S. President George W. Bush on October 3, 2008.
What part of that says auto bailout?
Republicans didn't even support the auto bailout.
Thanks to President Obama for taking some of the second tranche of the TARP and giving it to the auto industry.
CdnExtraNational
(105 posts)... and she chose her words so carefully to avoid a total lie.
"He voted against the money that ENDED UP bailing out the auto industry."
Even though the bill had nothing in it about the auto industry.
It was only by President Obama's administrative authority that some of the money was used to bailout the auto industry.
jfern
(5,204 posts)that she deserves her 67% not honest and trustworthy rating.
Major Hogwash
(17,656 posts)John Poet
(2,510 posts)Hillary seems to get a "pass" for every lie she can come up with...
Major Hogwash
(17,656 posts)That's the way Randolph Scott would've done it.
GreatGazoo
(3,937 posts)silvershadow
(10,336 posts)DrDan
(20,411 posts)this considering their problems today
pinebox
(5,761 posts)DrDan
(20,411 posts)btw - where would GM and Chrysler be today without the money?