Republican lawmakers said Congress should stop providing General Motors Corp. with federal aid and let the company file for bankruptcy if necessary.
“The best thing that could probably happen to General Motors, in my view, is they go into Chapter 11,” Senator John McCain said on the “Fox News Sunday” program today.How can anybody take the Republicans seriously? Is it any wonder that they have lost the White House and both houses of congress? Donors to this joke of a party should be suing for fraud because that's exactly what this collection of misfits is.
To be sure, the Republicans do have it right (finally): the government should NOT be bailing out GM just like it should not bail out Chrysler or AIG or Bear Stearns or IndyMac or Fannie/Freddie or WaMu or Citibank or Bank of Amerika or ... or ...
With the presidential election over, McCain realized that he no longer needed to pander to the critical Michigan constituency, and has cast his vote toward whichever direction the political winds are blowing.