Richard Shelby

That’s what it seems like the Republicans are heading for – a policy of saving white collar jobs, while letting blue collar workers hit the unemployment lines:

Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming. Their opposition raises serious doubts about whether the plan will pass in this week's postelection session.

Democratic leaders want to use $25 billion of the $700 billion financial industry bailout to help General Motors Corp., Ford Motor Co. and Chrysler LLC.

Sens. Richard Shelby of Alabama and Jon Kyl of Arizona said it would be a mistake to use any of the Wall Street rescue money to prop up the automakers. They said an auto bailout would only postpone the industry's demise.

So we should just let a million plus jobs go away? And it’s not just the actual jobs in the auto industry, it’s also all the businesses that thrive upon them. I’m talking about the restaurants and hotels that rely heavily upon the patronage of auto workers. The Cincinnati area has seen the effects of this first hand countless times in the past, and it isn’t a pretty picture.

Sen. Shelby, the ranking Republican on the Senate Banking Committee, just told Rachael Maddow that he has a letter signed by 200 of the top economists in the country and they are begging for Congress to not rush into this plan. I think that is a very interesting point that should not fall upon deaf ears.

So why the urgency of canceling a campaign and trying to delay debates then? A conservative Senator just said this shouldn't be rushed into, yet McCain is doing just that - rushing into it. Is McCain hoping that the campaigns would be suspended until 11/3? I wouldn't doubt it.