Obama & General Motors

Discussion in 'Politics' started by Londoner, Feb 17, 2012.

  1. Londoner
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    Londoner Gold Member

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    Obama bailed out General Motors.

    He gave them a bridge loan to get through a crisis.

    Now they are making record profits.

    The Republicans wanted to let GM die. Romney wanted to force GM into bankruptcy. He would have destroyed 1,000s of jobs and ended a great American company.

    Guess what?

    The Republicans are coming back in 2012, and they will once again have the power to kill our great industries.

    God help us.

    (Bush was begged to burst the housing bubble before it got too big. He and Greenspan decided to let the market take care of it. Their "do nothing Hooverism" resulted in a much larger crash. Their mistake swallowed whole sectors of the American economy)
     
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    Last edited: Feb 17, 2012
  2. pete
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    pete The food stamp president

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    They would have made it anyway ...
    have not paid the tax payer back
    giving out bonus checks
    cant sell the green car and give 1/3 of its cost as a rebate picked up by ... yup us


    he wants fuel mpg raised which will raise car cost and put them out of reach for purchase yet not fix the gas issue ... gas powered cars and the need for oil isnt going anywhere for many many years
     
  3. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Republican over reach after 2010 is going to assure Obama a victory and maybe the congress along with him.

    Local republicans in governments are in the process of getting recalled as well. There may even be a resurgence in Unions..thanks to some very blatant legislation meant to crush them.
     
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  4. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Oh for crying out loud.

    Republicans wanted them to die..

    you people are getting desperate and more stupid every day
     
  5. masquerade
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    masquerade positivity

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  6. Claudette
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    Claudette Gold Member

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    Yup and you forgot his payback to the Unions who contributed millions to his election campaign.

    Oh yeah. He looked out for the Unions, hosed the investors in GM and Chrysler and left the taxpayers on the hook for billions.

    What a guy. God help us all.
     
  7. Greenbeard
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    Greenbeard Gold Member

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    It's a tough slog, electorally, without the Rust Belt.
     
  8. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Maybe us taxpayers will get a Thank You from them now?

    don't hold your breaths
     
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  9. J.E.D
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    J.E.D What's tha matta?

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    I know who definitely won't be getting a thank you note from GM: the guy who penned the 2008 op-ed titled 'Let Detroit Go Bankrupt'.

    His name: Mitt Romney

    He's twisting more than Chubby Checkers trying to explain that one :lol:
     
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  10. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Ever have a gander at all the police cars? Fire engines? Government vehicles?

    You might want to also have a look at who builds them.

    Losing our manufacturing base is as injurious as losing agriculture..which is by the way..heavily subsidized by the government.

    Ask Bachmann. She got a cool 250K tax payer subsidy for her family farm.
     
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