What success is that? Care to let us all in on the secret success? Bankruptcy would have produced a stronger GM, than the current slow motion failure we are now watching. Mitt knows business, Obama nothing that anyone couldn’t learn in the outback of military Junta in Indonesia.
GM’s success still has about $45 Billion in payback still owed to the treasury. That’s after destroying the jobs and pensions of non-union workers, to try and make the UAW hole. Yes there is a W missing..
So now Obama wants to take over all manufacturing industry in the USA, just like his mentor commie Frank Marshall Davis wanted. Hey that’s how they do it in Commie China. Why not do it in America as well.
Here is ‘bama tooting his lies for the uninformed. Just hoped out of the choom wagon, ehh?
President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.
What else has he got, but try and make Romney out as the worst villain in the history of America? Does he want to try and make the case who is the worst Preezy? Our play President. Hates working, loves playing.
“I said, I believe in American workers, I believe in this this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
“I don’t want those jobs taking root in places like China, I want those jobs taking root in places like Pueblo,” Obama told a crowd gathered for a campaign rally at the Palace of Agriculture at the Colorado State Fairgrounds here.
He made the remarks while pushing for the renewal of a tax credit for wind energy manufacturing – something Romney opposes – and for the creation of credits for companies who bring jobs home from overseas, as well as the elimination of loopholes for offshoring.
“Gov. Romney brags about his private sector experience, but it was mostly invested in companies, some of which were called ‘pioneers of outsourcing,’” Obama said. “I don’t want to be a pioneer of outsourcing. I want to insource.”
Clarification: This post was updated to reflect the president’s intent to express his support for manufacturing success. An earlier version was unclear about his intent.
The problem there were no successes other than stuffing GM with government vehicle purchases. Chrysler did need the vehicles, their production is running flat out. It’s only GM that has fallen on hard times, down 4.6% in q2.
Hey what about the economy? Don’t want to talk about that, why’s that? Desperation comes hard, and embarrassingly bad.