Republican leader compares Obama auto plan to Putin's Russia
Barack Obama's America is in some ways "almost like looking" at Vladimir Putin's Russia, says the number two House of Representative Republican.
Virginia Rep. Eric Cantor Thursday told the Associated Press in an interview that the administration's actions in its efforts to rescue ailing American auto companies invite the similarities with the Russian Prime Minister.
"They said, 'Set aside the rule of law, let's strip secured creditors, bondholders, of their rights. Take them away outside of the bankruptcy process and give them to the political cronies and the auto workers' unions," Cantor said.
He added, "It's almost like looking at Putin's Russia. You want to reward your political friends at the expense of the certainty of law?"
Democrats were quick to fire back. "It's no wonder that recent polling shows that one-third of Republicans hold an unfavorable view of their own partym" said Rep. Chris Van Hollen, chairman of the Democratic Congressional Campaign Committee.
"Republicans should stop the name-calling, roll up their sleeves and start working with the president and congressional Democrats to turn the economy around," he said.
To read the AP story: http://news.yahoo.com/s/ap/20090612/ap_on_go_co/us_cantor_obama
