last note about giving the automakers money

from the super funny (and snarky) Wonkette blog. a post on Bush holding a press conference to explain approving the bridge loan:

So let’s see what our bold and fearless leader has to say about resurrecting an industry singlehandedly brought down by the famously corrupt United Auto Workers, who keep promoting this Socialist idea that people should receive “money” in exchange for their “labor.”

two more points, and i'm done with this issue...

1. no one seemed to care how much employees at financial institutions receive in compensation and health care benefits. semi-shocking esp. given that at most of these places, labor costs account for 60-70% of their operating costs (vs. 10% at gm, ford, chrysler)
2. no one seemed to care if the executive pay at the us automakers was in line with their foreign competitors. (it's not).

both of these double standards are troubling and i find it tough to ignore and not question.