Automotive News [sub] reports that JJ’s busy lobbying on behalf of The Big 2.8, helping them secure $25b to $50b in low-interest federal loans. “‘Just how many cities will sink, how many small towns will sink, how many homeowners will be facing foreclosures, and how many kids will have to come out of school?” Jackson said during a conference call with reporters Tuesday, Sept. 16. ‘There is a lot riding on this.'” Not the least of which is Jackson’s ongoing activism re: African-American owned automotive suppliers, dealers and ad agencies. To wit: “Jackson also said the loans should follow federal contract compliance and Equal Employment Opportunity Commission guidelines for the inclusion of minority auto dealers and suppliers.” Huh? Why wouldn’t they? Hang on; I thought the loans are for building fuel efficient vehicles, not a bailout to make sure kids stay in school (go figure). Anyway, Jesse and Motown’s automakers have plenty of history, much of it financially rewarding for Jackson’s organizations. In fact, in October 2007, Rainbow PUSH named GM its Corporation of the Year. According to GM’s Diversity Letter, “Jackson said that Wagoner was a great friend to Rainbow PUSH and that he was ‘a man of sensitivity, vision and integrity.'” Birds of a feather flock together. Makes sense to me.
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In the immortal words of Moon Unit Zappa: “Oh gag me with a spoon”, Jeese Jackson is such a parasite, he smells dollars flowing to his pockets, as usual. These “bailouts” will come back to haunt all of us, big time, wait until the dollar crashes, and it is well on its way, then where is the parasite Jackson? Oh, sitting in one of his mansions of course.
‘Just how many cities will sink, how many small towns will sink, how many homeowners will be facing foreclosures, and how many kids will have to come out of school?” Jackson said during a conference call with reporters Tuesday, Sept. 16. ‘There is a lot riding on this.’
I thought all they need the loans for was to bring us fuel efficient cars faster, you know it’s all for the people and customers, we should just be getting the good quicker right Rick. If it’s not a “bailout” then why on earth would any of that happen. Make up your mind you 2 faced lieing bastards.
Are they going to let the rest of us know how this money is going to be divied up? $25B isn’t going to go far with all the red ink flowing from all 3 OEM’s, all their suppliers and dealers, and then you add in the fact people still aren’t going to be buying their products.
Hey… give JJ credit for calling a spade a spade. In this case, calling this “loan” what it is, corporate welfare.
He must’ve just gotten one of his kids an GM franchise!
To go along with their Beer and other distribution franchises gotten during these blackmailings.
Sorry, I meant protest.
And while we’re at this, why didn’t New Orleans sink!
“In fact, in October 2007, Rainbow PUSH named GM its Corporation Donor Pigeon Host Organism of the Year.”
How much dough had to be shoveled into Jesse’s bottomless gaping maw for that accolade?
Gutless politically correct politicians and federal-level bureaucrats refuse to indict the “reverend” jackson and his sham coalition on RICO act charges.
obbop
Its not just the PC politicos.
Each time THE REVEREND has boycotted a business, they listen to their lawyers when told its better to give in, with money and a franchise, than continue a battle.
Its always about the money, never the priniple.
(did I use the right “priciple” here. Still working on I before E and shit..damn language!)
When is the Reverend up for re-election? Oh wait, he’s not elected to anything. Being a quasi tax exempt organization he won’t be paying much for this bailout.
Jesse is a LOT older than I am, I’ll be reading his obit some day. Then we can move on.
Isn’t a bailout still delaying the inevitable?
Unless Detroit changes people’s perceptions and business practices, nobody is going to buy their products even with a bailout.
Detroit seems to do this thing where they are quality automakers until nobody is looking and then they go back to their old ways.