Looks like the southern republicans only like the Japanese car makers
> in their state. Once again republican party ideology trumps
> allegiance to the country.
>
> Auto Bailout Talks Collapse as Senate Deadlocks Over Wages
> Without a Deal, Carmakers Face Bankruptcy Threat
>
> An eleventh-hour effort to salvage a proposed $14 billion rescue plan
> for the auto industry collapsed late last night as Republicans and
> Democrats failed to agree on the timing of deep wage cuts for union
> workers, killing the legislative plan and threatening America's
> carmakers with bankruptcy.
>
> "We're not going to get to the finish line. That's just the way it is.
> There's too much difference between the two sides," Senate Majority
> Leader Harry M. Reid (D-Nev.) announced after 10 p.m., concluding a
> marathon negotiating session that ended in gridlock. Reid warned that
> financial markets could plummet when trading opens this morning. >
> "I dread looking at Wall Street tomorrow. It's not going to be a
> pleasant sight," he said.
>
> Continues:
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The dimmies in congress are insisting that US auto makers tear up the union contracts, the union members be paid the same as non-union workers in other auto plants. Union big shots didn't like that so the deal was nixed. I think and like bankrupt deal better. It forces all the parties to go along with the judge. The US automakers will fair better while under judges orders and taxpayer money will be better monitored.