Obama To Hail Auto Bailout As Major Accomplishment In State Of Union Address

The trouble with claiming credit for Detroit's accelerating automotive renaissance, as President Barack Obama is likely to do in his State of the Union address tonight and in an Ann Arbor speech later this week, is that reality is more complicated.

Democrats hail the controversial auto bailout as the cornerstone of Team Obama's prescient economic stewardship. Why? Because there is little else to tout in an economy hobbled the past three years by exploding budget deficits, persistently high unemployment, lamentable crony capitalism, political dysfunction and a whole lot of whiny blame-shifting.
 

internationalmanofmystery - 1/24/2012 12:54:03 PM

+3 Boost

LMAO

HoustonMidtown - 1/24/2012 1:07:30 PM

+5 Boost

Bush started the GM bailout -- does that make it okay then ?

HoustonMidtown - 1/24/2012 1:08:31 PM

+1 Boost

http://www.nytimes.com/2008/12/20/business/20auto.html?pagewanted=all

g2ok - 1/24/2012 1:11:23 PM

+4 Boost

I'm all for job creation, but I wouldn't call that and the CARS program an accomplishment for him. It was just an alternative to full bankruptcy and maybe it just delays the inevitable.

LexSucks - 1/25/2012 1:03:49 PM

-2 Boost

Fire Obama!!! Replace him with Newt or Romney (like they can do a better job LOL!!). The current GOP candidates are the laughing stock of the planet. Get ready for another 4 years Obama. And besides, the country needs Obama to make sure that the Trailer Park Trash can still get their public assistance.

Designer1 - 1/24/2012 5:34:08 PM

+1 Boost

Obama will be giving the republicans the credit for this.

skytop - 1/24/2012 7:59:28 PM

+4 Boost

obama will be bragging about the king size crap he dropped in his toilet tonight, too. Major narcissism sickness in that inept fool.

LexSucks - 1/25/2012 1:24:14 PM

-4 Boost

Yes, we need "one of our own" in the White House. Obama is not one of us.

quizz - 1/24/2012 10:07:22 PM

+4 Boost

Hey Obama, why don't you give me a bailout:
1. forgive me of all my debts
2. give me interest free loan
3. subsidize the sale of all my products by giving consumers a check

Yep, I'll certainly be financially more secure now that Obama has done this for me - that's America!

Idiot.

dannyjeffers - 1/25/2012 4:32:56 AM

0 Boost

So am I the only one who realizes that these comments are all from one, possibly two accounts?

Baby - 1/25/2012 7:31:41 PM

+1 Boost

You wish!

rockreid - 1/25/2012 6:56:26 AM

-1 Boost

God Bless President Obama.