Red State Senators Helping Subsidize Foreign Car Companies Oppose Bailout for Detroit

Hillbilly Sen. Bob Corker, R-Tenn., said Thursday during a Senate Banking Committee hearing in Washington that he opposes helping the Detroit auto companies. Corker represents Nissan, Volkswagen, and Toyota.

Sen. Jim DeMint, R-S.C., another cracker-state senator, also opposes guaranteeing loans to the Big 3. DeMint proudly represents BMW and Michelin.

Sen. Richard Shelby, R-Ala., red-neck senator no. 3, representing Toyota, Daimler-Benz, Hyundai and Honda, also says "nyet" to loan guarantees for US automakers.

The resounding noise coming from these and other opponents is that they oppose loan guarantees because they are anti-competitive and that the Big 3 have to "compete."

But, all of these foreign companies got tax breaks, that is bribes, and the joy of "right-to-work", that is anti-union laws, from these Red states to locate there. Unlike the rust-belt states, Tennessee, South Carolina and Alabama gorge themselves at the federal tax trough, consuming vastly more federal money than they pay. So federal tax money gets spent in place of local tax money to help these Red states offer tax breaks to foreign companies. Where's the competition in that?

Carl says, "DON'T BE DUMB(ER) CONGRESS! Stop subsidizing Red State automobile manufacturers by underwriting state tax bribes with federal money. Force the cracker states and the companies that locate there to pay their share and then see how competitive they are."

Hey, Mullaly, YOU ARE NOT OK!

Ford CEO Alan Mulally to Congress in response to questions about whether he'd cut his $2 million salary to $1, said: "I think I'm ok where I am." Mullaly's total compensation in 2007 was $21.67 million, according to Securities and Exchange Commission filings. In the same year, Ford posted a loss of $2.72 billion.

Carl says, "HEY, MULALLY, DON'T BE DUMB. YOU'RE ON YOUR KNEES BEGGING FOR $25 BILLION IN TAXPAYER GUARANTEED LOANS BECAUSE YOU HAVE RIDDEN YOUR GRAVY TRAIN ALL THE WAY TO THE GROUND. THAT THUD BEHIND YOU IS THE COMPANY YOU AND YOUR PREDECESSORS DESTROYED. YOUR FAILURE TO CREATE, ADAPT OR THINK STRATEGICALLY IS NUMBING. THE SHARE HOLDERS OUGHT TO GET THEIR MONEY BACK FROM YOU. THE CEO AND ENTIRE BOARD AT HONDA MAKE LESS THAN YOU DID LAST YEAR. AND GUESS WHAT? THEY MAKE MONEY, INNOVATE AND BUILD BETTER CARS. I'LL GIVE YOU A GUARANTEE MULALLY: YOU ARE NOT OK WHERE YOU ARE. "