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#2937863 - 09/10/12 07:17 AM The Democrats' GM Fiction
16 Point

Registered: 02/06/06
Posts: 10670
Loc: Middle TN

This should actually be posted in the General Forum, because the lies and damage to America affects every one of us. However, since the title lists the name of the (D)estructive party, I'll post it here.

The Democrats' GM Fiction

Great article, and well worth reading.

Probably too much truth in this article for the resident libtar(D)s.

Democrats have nonetheless made one of the most abusive episodes in the entire bailout era their economic cornerstone: the government takeover of General Motors.

President Obama’s unique contribution was effectively to nationalize the company, seeing to it that the federal government violated normal bankruptcy processes and legal precedent to protect the defective element at the heart of GM’s troubles: the financial interests of the UAW.

Obama did for GM what he is doing by un-reforming welfare: creating a dependent constituency.
Rules are for people who lose fights.

#2938090 - 09/10/12 10:51 AM Re: The Democrats' GM Fiction [Re: BMan]
10 Point

Registered: 08/25/01
Posts: 3045
Loc: Pamelot, my farm near Catoosa

In all fairness to Obama...

GM didn't build those losses. Taxpayers did.

#2938282 - 09/10/12 02:12 PM Re: The Democrats' GM Fiction [Re: ChippewaPartners]
10 Point

Registered: 06/29/05
Posts: 4263
Loc: Back 40

Good thing these aren't selling or we would be losing more money..

Loss of $49,000 for each Volt...

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