Unlike the president, who seems to lack rudimentary bargaining skills, GM’s CEO is “softening” on the bankruptcy option. Why? He’s looking for concessions from the UAW in excess of what Ford obtained so he needs the threat of Chapter 11 (which would void the entire collective bargaining agreement). Gosh, if he had done this last year might the taxpayers have saved $20B and the concessions have already been extracted?
The Wall Street Journal editors strongly take exception to the president’s phony approach to the War on Terror : “He lambastes his predecessor, then makes cosmetic changes that leave the substance of Bush policy intact. But Mr. Obama’s decision last week to renounce the term ‘enemy combatant’ is almost a parody of this method, given that the ‘new standard’ for detaining terrorists is identical to the old one.”
Blue Dogs flee from card check?
Is Terry McAuliffe hoping people will forget he fought alongside Hillary Clinton against Barack Obama to the primary’s bitter end? Seems so.
Republicans write a “no way” letter to the president about his “charge the vets for service-related injuries” gambit. (Even Jon Stewart figured out “That can’t be right.”) And after several days of this lunacy, Obama caves.
So: time for the next stupid idea! This one from Eric Holder: potentially releasing Guantanamo detainees into the U.S. Let’s see how many Congressional Democrats support that one.
SEIU has its own labor problems and is keen on subcontracting out work performed by bargaining unit employees. It becomes more clear with each passing day why Big Labor wants to snuff out secret ballots.
Republicans are indeed pushing AIG as an issue in the NY-20 race. It wasn’t hard to spot this coming.
And they are pushing to dump Geithner. Democrats are “lukewarm,” but not yet calling for his head. After all, not since Alexander Hamilton have we had such challenges.
You think this “Chris Dodd lied” CNN package will come back in the 2010 election? Well, only if Dodd decides not to retire.
The New York Times describes the gathering storm over Geithner: “The mixed messages on A.I.G. gave further ammunition to critics who had begun questioning Mr. Geithner’s credibility as the administration’s point man on the economy, an essential commodity if he is to help restore consumer confidence. Fair or not, questions about why Mr. Geithner did not know sooner about the A.I.G. bonuses and act to stop them threaten to overwhelm his achievements and undermine Mr. Obama’s overall economic agenda. The controversy comes as Mr. Geithner is about to announce details of the restructured bank rescue program, and it clouds prospects for more rescue funds that the administration is all but certain to need.”