I guess it’s another one of those $1 Billion here, $1 Billion there and according to Washington Legislators American Taxpayers are nothing except to hogtie and stuff their stubby fists into our back pockets to steal from us to accommodate their own political ambitions.

A $25 Billion Lifeline for GM, Ford, and Chrysler

With Congress preoccupied with the massive, $700 billion bailout plan for the financial industry, General Motors, Ford, and Chrysler have finally secured Part One of their own federal rescue plan. A bill set to be passed by Congress and signed by President Bush as early as this weekend—separate from the controversial Wall Street bailout plan—includes $25 billion in loans for the beleaguered Detroit automakers and several of their suppliers. “It seemed like a lot when we first started pushing this,” says Democratic Sen. Debbie Stabenow of Michigan, one of the bill’s sponsors. “Suddenly, it seems so small.”

Oh yes, dear “Debbie”, $25 Billion is just flysh*t isn’t it? Insignificant! And I personally am so glad you’ve so willingly given my money to another without my permission. That’s what so great about being a Senator isn’t it? The ability to give away others money and yet act like you’re the benefactor.

There are few strings attached. The 1980 plan also included a long list of rules Chrysler had to abide by in order to get the money (including, get this, “an energy savings plan focusing on the national need to lessen U.S. dependence on petroleum”). The current legislation requires only that the money be used to retool old assembly lines and develop advanced, fuel-efficient technology. Since the automakers are already spending billions to do that, they could easily shift money around and use the low-interest funds to effectively support almost any project.

Auto Bailout, Debbie Stabenow, Democrat, Michigan