Fact Or Fantasy? Democrats Claim Auto Bailout Is Fueling The US Economic Recovery

Fact Or Fantasy? Democrats Claim Auto Bailout Is Fueling The US Economic Recovery
Former Michigan Gov. Jennifer Granholm urged Americans to vote for President Barack Obama in a passionate address that hailed his decision to save the auto industry.

In a prime speaking spot at the Democratic National Convention, Granholm received thunderous applause as she jabbed Republican nominee Mitt Romney's opposition to bailing out General Motors Co., Chrysler Group LLC and their finance arms and cast the rescue of the industry in emotional terms.

Part sermon and often shouting, Granholm offered the most emotional rendering of the impact of the auto bailout.

 

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800over800over - 9/7/2012 11:48:53 AM
0 Boost
If you think the US economy would be better now without Chrysler/GM and a bunch of its suppliers empoying anyone....I guess fact.


freeagentfreeagent - 9/7/2012 12:41:43 PM
+6 Boost

it's rather easy to emply a bunch of people by borrowing and throwing away 10's of billions of taxpayer dollars


PLAYPLAY - 9/7/2012 1:18:53 PM
0 Boost
The big three and their suppliers are still around employing people and producing things.


SteveSteve - 9/7/2012 1:24:06 PM
+4 Boost
I heard they also averted an extraterrestrial alien invasion, the end of the world by meteor strike, a plague that would have wiped out 2/3 of the world’s population, and a bad case of halitosis in the White House War Room. Ya gotta give credit where credit is due!


g2okg2ok - 9/7/2012 4:17:29 PM
+3 Boost
The only that really got bailed out was the UAW. It's a double-edged sword for any company to be associated with a political party. Politics and economics are cyclical, so for every vote up there will be a down.

Isn't the car with the most American content now the Toyota Camry.


HughJassHughJass - 9/7/2012 4:54:32 PM
+3 Boost
Thank God GM survived with government money so they can move Cadillac factories to China. Thank you Dumbocrats. I'm sure the moron Elephant party would've done the same too.


PUGPROUDPUGPROUD - 9/7/2012 7:03:25 PM
+3 Boost
Fact...80% of GM's current sales are on subprime loans, people who fail to qualify for normal loans. It will not be long before GM is back asking for another government handout !


lexworldlexworld - 9/9/2012 12:47:30 AM
+3 Boost
....Well, what really scares me is that the Democratic Party is starting to look and act more and more demonic, not to say the Republicans are perfect. There is something not right about President Obama. What bothers me is I think the American people dont realize just how dangerous this man may be holding the highest office in our nation. No racial prejudice here, just stating my gut feelings based on how he thinks and his past track record and background. Search for yourself because the truth sometimes really hurts, especially when you find out you've been deceived. WAKE UP AMERICA BEFORE IT'S TOO LATE!


globaltraderglobaltrader - 9/12/2012 10:49:17 PM
+1 Boost
I'm certainly looking forward to November.



skytopskytop - 9/13/2012 9:17:24 PM
+1 Boost
Baroken odumbo didn't bail out anything. He NATIONALIZED GM like any lame brain tyrant or ignorant dictator would do. His communist mentality took over GM so that he could steal the value of the company from the legitimate equity/shareholders and divert it to his corrupt communist union pals. Really, obama is a communist, pure and simple. He conceals everything from his homosexuality to his entire past history so that America does not see anything genuine and only the fantasy facade that slime ball obama creates. Then he is covered by the corrupt leftist media that is totally dishonest and corrupted.
Under obama's ignorant and blundering control, GM has gone straight DOWN into near bankruptcy again. Only operations in China with Chinese labor (yes, odumbo, the liar in chief OUTSOURCED all of GM labor to China) are producing any profit. Europe and America are losers for GM.
obama is not only an abysmal failure in the auto biz, but he has blundered and destroyed the American economy. Try explaining the trillions of dollars in obama debt to your children that each one of them will have to pay back. obama is a cancer, a tumor, a disease that America must vote out so that it has any chance of recovery.


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