Are there any right wingers out there who actually think the auto bail out was a bad idea. Or better yet, are there any right wingers out there who actually are saying it didnt work?
I suppose it depends upon what you mean by suggesting it worked. GM is not a viable company---this is reflected in the anemic interest in GM stock. Currently the American taxpayer would need to see it more than double just to get TARP money back. That doesn't factor in the generous tax-loss carry-forwards given GM that gives them a massive advantage over other auto manufacturers. In an unconstitutional and dishonest manner, the debt and equity interests in GM were virtually stolen with government mandated authority and given to union interests who were greatly responsible for GM's failure in the first place. Their first signature vehicle was the Chevy Volt---an overpriced, idiotic car suitable only for wealthy Democrats who get orgasmic about traveling a measly forty miles on coal-powered batteries. Toyota has already regained their number one position in auto sales. GM is a perfect example of Obama administration incompetence and massive corruption and the folly of " Socialism/Communism."
If so, please explain. I dont see how anyone could think this but please, go ahead.
Left wingers, please join me with thanking the president on making another good call. Thank you sir for not allowing this country to go down the path of another great depression. Wheh, thank God someone not like Bush won and will win again in 2012.
Right, every economic metric is worse than when Obama became President---and he needs another four years to finish the job of deconstructing the United States of America and rebuilding it in the image of the Soviet Socialist Republic.
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