So Bush is offering $17.5 billion to GM and Chrysler on the conditions that the manufacturers and the UAW agree to certain things. I'm not sure yet about the give backs he's demanding from the workers, retirees and laid off workers are something they should be agreeing to at this point, but I really don't know. But it does look like more of the same union busting tactics that were coming from the Senate.
I was wondering if this delay was a thought out thing or it was something that occurred because they (the right) are simply incompetent.
When I was involved in the union at Antioch, I was ranting about how the administration was cleverly acting intransigent to force the union out on strike. A professor said: "Perhaps, but do not assume premeditated maliciousness, when simple incompetent bullheadedness might be the answer."
On the other hand the Wall Street types get to keep their money and income. You know if Obama had pushed hard for a better plan there is the possibility that something better could have come from all this. Of course he didn't.