News, Schwarzenegger With Obama on Auto Bailout. (unemployment, Congress, salary)

[JD59]

As Congress heads into a lame-duck session to debate aid to the auto industry, California Gov. Arnold Schwarzenegger said he supports the bailout for the Big Three automakers backed by President-elect Barack Obama -- but only if the industry reforms itself.

ABC News: Schwarzenegger With Obama on Auto Bailout

[ottomobeale]

Confusted. Why the emphasis on Arnie agreeing with Obama rather than simply stating the fact he supports the bailout?

Im glad ya didnt go there, but I read the title and was expecting an Arnie is a liberal Democrat communist rant.

As for bailing out. NO good answer. Pony up 50B today which may not work or ?200B?over the next 2 years in extra unemployment and welfare. Pick one. Unemployment in MI at 20+%, OH at 14% IL and MO at 12%...

[sugarmaple]

Do you think that the CEO's of these companies would be willing to do what Lee Iacca did when he asked for a loan for Chrysler....and he paid it all back as well....perhaps the CEO's should take a serious salary cut or certainly a freeze; if they want help they have to make some sacrifices too...