Comments on: Ford to Richard Shelby: Suck. On. This.

By: klynn

klynn — Wed, 03 Dec 2008 15:22:27 +0000

EW, I am jealous. I would have LOVED to title an Oxdown with the words “Richard Shelby”, “suck”, “on” and, “this”.

Nice catch MD. An important one too. Talk about strategy. Ford is good. Just when Bush thinks it cannot get worse. No bailout would be even worse. A Ford lawyer going public on Bush-Gonzo…rock bottom.

Popcorn please.

By: MadDog

MadDog — Wed, 03 Dec 2008 05:10:52 +0000

Dagnabbit, my eyeballs are closing. I’m gonna fall asleep and break my nose on my keyboard if I stay up any longer.

EW, I haven’t quite finished with the Ford Beg document, and doG knows what is gonna be in the GM - worse and Chrysler - worser Beg documents.

It’s been a while since we had such tasty forage in a document dump, so I hope you plan on continuing the saga all day tomorrow!

Night all!

By: Loo Hoo.

Loo Hoo. — Wed, 03 Dec 2008 05:04:25 +0000

MADDOG!

By: readerOfTeaLeaves

readerOfTeaLeaves — Wed, 03 Dec 2008 05:00:51 +0000

Note to John Ashcroft: be sure you remain in excellent health.
As for the rest of us…
I’d forgotten that Andy Card came out of the auto industry….sigh…

By: emptywheel

emptywheel — Wed, 03 Dec 2008 04:59:14 +0000

Turned it into a post.

By: bmaz

bmaz — Wed, 03 Dec 2008 04:57:11 +0000

Hey MadDog! For once you are exposing the bad guys instead of the good ones…..

By: MadDog

MadDog — Wed, 03 Dec 2008 04:54:37 +0000

Wowser!

I was just riffing on the fact that it was a lawyer, and it sure didn’t ring the fire alarm about a Screw-Ups-R-Us Administration connection.

Brilliant back at ya’ EW!

By: MadDog

MadDog — Wed, 03 Dec 2008 04:50:33 +0000

Wonder how the response to a Harry and Nancy question in this bit will go over with a) Government; b) Wall Street; c) Taxpayer:

Protect taxpayers by granting the most senior status for any government loans provided, ensuring that taxpayers get paid back first.

We recognize the importance of the federal government protecting the taxpayers’ interests in connection with any loans made to the automakers. Senior status of government loans could, however, exacerbate our challenges and the problems in the financial system by causing certain existing debt to be in default…

…A condition of senior status for any government loan could cause lenders or holders of our debt to allege a debt default, which could result in an acceleration of indebtedness and lead to the very result the legislation was designed to prevent, namely, a liquidity crises…

…We would be pleased to discuss this matter further with the Committees should that prove helpful to a better understanding of the difficulties presented by the proposal to grant taxpayers the “most senior status.”

a) Government Response: Waaaaa…Ok, we’ll blink.

b) Wall Street Response: Back of the line mofos!

c) Taxpayer Response: Fooked again!

By: emptywheel

emptywheel — Wed, 03 Dec 2008 04:40:17 +0000

You are fucking brilliant, MD!!!!

David Leitch is Fredo’s Fredo:

Prior to joining Ford as general counsel in April 2005, Leitch served in the White House as Deputy Counsel to President George W. Bush. In that capacity, he advised the President and his staff on a variety of legal issues, including issues involving the war on terror, judicial nominations, legislative proposals and ethics.

He also advised BushCo on how to deal with the Plame inquiry.

REmember how I said that a bunch of Bushies got dumped into the auto industry? Leitch leads that list. I think they did it bc BUsh woudln’t speak to them otherwise.

In any case, nice catch…

By: PJEvans

PJEvans — Wed, 03 Dec 2008 04:26:35 +0000

I’ve seen at least one billboard myself. ‘EPA estimated 36mpg highway’.