Supporters of the plan claim that the negative effects of a collapse of these companies would ripple throughout the market, causing untold damage to American workers.
Much of the GOP's leadership has actually turned on their president over the issue, criticizing him over the lack of accountability about how the funds will be distributed. Senator John McCain (R-AZ...perhaps you've heard of him?) is actually leading the charge, arguing....
Oh wait, I don't have to care what that guy says anymore.
It does just go to show you how strange this economic crisis has become; we have President Bush allying himself with the Democratic leadership against the party Maverick, the GOP base, and a bunch of southern senators whose states do more business with foreign automakers than domestic ones.
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