Leweman
Platinum Member
- Aug 5, 2010
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anybody? anybody? Some people won't like this article.
American Airlines Shows The Corruption Of Obama's GM Bailout - Forbes
"But Obama did not save Detroit. A bankruptcy that followed the rule of law would have saved Detroit better than Obamas, which left GM under the federal governments diktat, unable to borrow, and with high labor costs. Obamas favoritism towards the UAW elevated costs in a way that damage prospects for a successful reorganization. Obamas corrupt bailout will lead to higher prices for the middle class, crippled job growth in the auto industry, and more manufacturing jobs exported abroad."
American Airlines Shows The Corruption Of Obama's GM Bailout - Forbes
"But Obama did not save Detroit. A bankruptcy that followed the rule of law would have saved Detroit better than Obamas, which left GM under the federal governments diktat, unable to borrow, and with high labor costs. Obamas favoritism towards the UAW elevated costs in a way that damage prospects for a successful reorganization. Obamas corrupt bailout will lead to higher prices for the middle class, crippled job growth in the auto industry, and more manufacturing jobs exported abroad."