Diary

Second chance for GOP to split Dems with “orderly, pre-packaged” bankruptcy

Originally published by Mike DeVine, Legal Editor for The Minority Report

How stupid is the elected GOP in D.C.? The next 36 hours will provide the answer.

President Bush will not give a blank TARP check to the Big Three Detroit automakers, as this column and Larry Kudlow indicated last week when the bailout was “corked” by Congress:

The Bush administration is looking at “orderly” bankruptcy as a way to deal with the desperately ailing U.S. auto industry, the White House said Thursday as car makers readied more plant closings and a half million Americans filed new jobless claims.
With Detroit anxiously holding its breath and waiting for federal help, White House press secretary Dana Perino said, “There’s an orderly way to do bankruptcies that provides for more of a soft landing. I think that’s what we would be talking about.”

The GOP missed a golden opportunity to divide the President-Elect from the far left in Congress last month when Obama lofted a “pre-packaged” bankrupSecond chance for GOP to split Dems with “orderly, pre-packaged” bankruptcy
trial balloon.

The President has tossed them an identical softball by another name, i.e. “orderly”.

Wake up GOP and show your public support for an Obama gift for cover against a Drive-by media that loves to paint us as heartless by accepting the Obama/Bush alternative that echoes what conservatives have called for all along (or at least the best facsimile thereof that we can hope for in this environment.

Of course, as usual, many conservatives have already denounced President Bush as a sell out, much like they have over the past seven years on the war, which he went ahead and won anyway.

Will the blowhards ever learn not to underestimate this man?

Mike DeVine’s Charlotte Observer, Examiner.com and Minority Report columns

“One man with courage makes a majority.” – Andrew Jackson