Insight into the greater Republican plan
So, Republicans are filibustering any attempts at discussing a US auto manufacturer bailout. They do not want the topic to even reach the floor to be considered.
Could this be why?
The Republican bailout plan was originally written to have absolutely no oversight. The Democrats at least forced there to be disclosure, by law, of where the money is going. The Bush Administration's response is to simply ignore the law, and dole out the money to unknown parties, refuse to disclose where the money went, and simply state "trust us, it's working". Well, here's one result - US taxpayer money potentially swelling the coffers of foreign insurance companies.
Meanwhile, Bush and the Republicans continue to "salt the earth" on their way out of power, making Obama's job of improving the country all that much harder.
Could this be why?
The Republican bailout plan was originally written to have absolutely no oversight. The Democrats at least forced there to be disclosure, by law, of where the money is going. The Bush Administration's response is to simply ignore the law, and dole out the money to unknown parties, refuse to disclose where the money went, and simply state "trust us, it's working". Well, here's one result - US taxpayer money potentially swelling the coffers of foreign insurance companies.
Meanwhile, Bush and the Republicans continue to "salt the earth" on their way out of power, making Obama's job of improving the country all that much harder.