politicalbull

“Until they show us the plan, we cannot show them the money,” said House Speaker, Nancy Pelosi, at a press conference today.  Pelosi was referring to the “Big 3” automakers, those who had recently been to the Capital pleading for a government bailout of their struggling industry.  

With this statement, Pelosi is making clear that she is holding the automakers accountable for why, and how, any such money would be spent if the government were to give them the money—a very big IF at this point.  

Specifically, Pelosi requires a plan that would demonstrate how the money would “transform” their industry, making them competitive, and demand an accounting of how they plan to spend the money.   

I say…BRAVO.  I wish they had put the same kind of conditions on the banks before they bailed them out.     

WHY have the Democrats in Congress proposed a $25 BILLION dollar bailout for the ailing auto industry? 

I’m really not so surprised that my party wants to help the “needy” automotive companies who pay their Presidents more than OUR President, but I am surprised—and appalled—at the Democrat’s focus on big business here.  I mean…come on!  Are they Democrats or Republicans?

In all this talk about the failing stock market and economy, I am hearing very little about the PEOPLE of America, other than as a supposed “beneficiary” of big business.  (Reagan’s trickle-down theory dies hard.)

Why don’t they propose some real help for the average American, who is poorer right now than he or she has ever been? 

Why don’t they extend unemployment benefits for another six months, instead of the puny 13 weeks of the last extension?  

Why?  Because big business, through their campaign contributions, has corrupted the Democratic Party, and Americans have (and will continue to) suffer because of that. 

Well, Reagan’s “trickle down” theory has now been proven to be the “voodoo economics” that George Bush, Sr. said it was.  It doesn’t work. 

“We are on the verge of the second GREAT depression, if we don’t DO something NOW,” most of the members of Congress (on both sides of the political aisle) said, so they did.

The problem is that they’ve decided to apply the “trickle down” solution to solve the problem that “trickle down” created (with a little help from deregulation, also a Reagan policy) Don’t we (or they) ever learn?

The answer is, apparently, no. 

Do you know what one bank did as soon as they got word that they would partake of that bailout money?  They bought out a smaller bank, silly.

That’s right. 

PNC Bank, of Pittsburgh, has shelled out $5.6 BILLION dollars of the Cleveland based, National City Bank.  I have banked with NCB for over 20 years now and, needless to say, I am pissed. 

But here’s the question:

Do you think that this merger is going to create jobs, under the “trickle down” theory, or lose jobs for people?

Here’s an even better question:

Does PNC really CARE?