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FOX: DeMint Explains Opposition to Auto Bailout

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Uploaded by on Nov 18, 2008

Sen. Jim DeMint (R-S.C.) explains why he is opposed to the $25-billion auto bailout for Detroit's Big Three and why bankruptcy might be the best way for the industry to restructure and return to profitability (Nov. 18, 2008).

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News & Politics

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  • ANY GUYS UP?

    anyone want to chat cX

  • IDIOTS!

    GMAC should have just came out and ask for a bailout as a BANK!

    Apparently, Washington has NO PROBLEM bailing out banks! Wall Street white collar CEO etc..

    But when UAW blue collar worker jobs are at stake...they say "Well, we don't know about that... we'll get back to you on that".

    Here's an Example:

    "Hi, my name is GMAC and I'm a BANK!

    Can I have a piece of that yummy bailout?"

    :-)

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