According to Political Radar, ABC news is reporting that the Democrats in Cogress are putting pressure on the Bush Administration to release some of the original $700 billion credit market bailout to the auto industry.  The Democrats are looking for an answer by today.

According to the article, Democrat leaders in Congress sent a letter Thursday night, telling President Bush he must commit funds from either the TARP or the federal reserve or they will be unable to pass anything in Congress.

I have my own ideas on the bailout–DON”T DO IT!  Detroit pays its auto workers twice as much as the auto workers in the states that are not unionized.  Their union contracts for retirees and workers add $2000 to the cost of every car.  This is a bad business plan.  They don’t need to be bailed out–they need Chapter 11 protection while they restructure.  Anything else is throwing good money (our money as taxpayers) after bad.  I drive a Ford–I love my Ford–but I don’t support a bailout.