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Jul 30, 2010 | Posted by: roboblogger

Obama to sell auto bailout good news in Michigan

Full story: PhillyBurbs.com

President Barack Obama is going to the heart of the U.S. auto industry to push an important election-year claim: his administration's unpopular auto industry bailout has turned into an economic good-news story.

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Paul Revere

Indianapolis, IN

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#1
Jul 30, 2010
 

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LOL, what a load of BS. Then they let GM get back into the auto financing of low credit twits by buying AmeriCredit for $3.5 Billion. Where the hell did they get the money to buy it, they are bankrupt. Oh thats right they got it from us the taxpayers.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#2
Jul 30, 2010
 

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The only other option was for GM & Chrylser to go out of business. While that is how it SHOULD work in a free market system, I'm sure the conservative teagaggers would have blamed Obama for losing all those jobs.
Paul Revere

Indianapolis, IN

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Jul 30, 2010
 

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WeTheSheeple wrote:
The only other option was for GM & Chrylser to go out of business. While that is how it SHOULD work in a free market system, I'm sure the conservative teagaggers would have blamed Obama for losing all those jobs.
No , I would have blamed the UNION and Management.
Zombie Corpse Rental

Los Gatos, CA

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#4
Jul 30, 2010
 

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LOL Republicans scream for no controls, businesses fail and Republicans scream that the anti-business Democrats have to bail them out, then Republicans scream when the bailouts work.

Democrats - making things work.
Republicans - screaming anyway.
Xanadu

Gaylord, MI

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#5
Jul 30, 2010
 

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Who, in their right mind, would bother to listen to this puppet let alone even consider one utterance?

"Change" has been for the worst.
Tony

Dearborn, MI

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#7
Jul 30, 2010
 

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One thing I can't complain about is that any money GM pays back is a good thing.
jim

AOL

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#8
Jul 30, 2010
 

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Thank you Mr.Obama, we will remember at the polls!
Pete

Rockford, MI

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#9
Aug 2, 2010
 
Tony wrote:
One thing I can't complain about is that any money GM pays back is a good thing.
Yea that's very true.

Has anyone figured out yet just what they paid back...

as it appears to be with the very same money shuffled around a few times that they were Bailed Out with by the Taxpayers...

and just what again was it they said they paid back I'm wondering.

Even while visiting the propped-up factories a few days ago our Social Democratic President (with his big Government and Regulations agenda says with just as big a smile on his face while shaking hands- didn't everyone see that)...

he said just last week or 2 ago that we are in for a loss and it's for the very same amount that we were told they paid us back with...

and knowing that they have nothing to pay anything back with because they are still leeching off the Taxpayer and our Free Enterprise system.

Yea you can wait for the federal gov to tell us how it takes a rocket scientist to figure it all out...

NOT.

Elections are coming up.

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