Obama Caps Victory Tour Of Big 3 Automakers

Aug 5, 2010 Read more: TheDenverChannel 57

With a Ford Motor Co. assembly plant as the setting, President Barack Obama is arguing anew that his politically risky decision to bail out the auto industry saved it from collapse.

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“Truth to Power!”

Since: Apr 07

Canton, OH

#1 Aug 5, 2010
95% of ALL NEW JOBS Created over the last few decades have been from Small Businesses yet this yutz Obama keeps trying to claim that Auto Makers are somehow a key to an Employment Recovery.

What an Idiot!

Jobless Claims ROSE again last week. Where are the Jobs Blobama?

“Truth to Power!”

Since: Apr 07

Canton, OH

#3 Aug 5, 2010
Nice of Obama to make the taxpayer Pay for these Bail Outs & Pay for their Bankruptcies too after the Turd Obama claimed his bail outs would prevent the Bankruptcies.

IMPEACH THE MAGGOT!
Tony

Orlando, FL

#4 Aug 5, 2010
Ford did'nt take any bailouts from our Incompetent President.

“Truth to Power!”

Since: Apr 07

Canton, OH

#5 Aug 5, 2010
DO you realize how many BILLIONS GM was sitting on in Cash as they asked for a Gov Bail Out?

Read their 10K's from 2006-2008! It's disgusting.

Since: Mar 08

Allentown, PA

#7 Aug 5, 2010
I realize ole Barack has to do a credit grab in light of his poor economic performance.
.
Simple truth is if GM and Chrysler were broken up, the viable parts would have been sold off to other companies or GM and Chrysler would have reformed themselves into newer, stronger businesses.
.
The reason Barack can get away with this is because the people who he is selling this economic snake oil to are people who do not know better (the same ones who mock the Tea Party people).
WORST PREZ EVER

Baldwin, WI

#8 Aug 5, 2010
Tony wrote:
Ford did'nt take any bailouts from our Incompetent President.
that is the ''true victory''.. buy ford
Smokin Joe Obama

Anchorage, AK

#9 Aug 5, 2010
A new model can be the IMPEACHMOBIL..it runs on total socialist BS...A real Gasbag!
YouHelpFixIt

Scottsdale, AZ

#10 Aug 5, 2010
So would Ford have done better or worse if Chyrsler and/or GM went into bankrupsy? The other companies would have had to had to sell off assets on the cheap, and Ford would have had less competition in parts purchasing and labor arena, and they would also have had a greater opportunity to gain marketshare?

It looks like Ford lost in the government money grab, but perhaps I am not considering some important factors. Please let me know what I am missing here.
Remember in November

United States

#11 Aug 5, 2010
Yikes amazing how the media hypes Obama

"VICTORY TOUR"

just ANOTHER example of the media's adulation of Obama

Watch for adjectives, verbs to 'direct' reader to an ERRONEOUS conclusion

Norm...oh, Chomsky...where are you...looking up Rahm's tutu?

“Truth to Power!”

Since: Apr 07

Canton, OH

#13 Aug 5, 2010
Obama's Summer "Failure Tour" continues to roll across the country like a heat wave.
COUSIN PAULIE

Delray Beach, FL

#14 Aug 5, 2010
"Obama Caps Victory Tour Of Big 3 Automakers"

What next? This grandstanding fake will take credit for the invention of the car?

Toyota had a lot of problems in the last year with recalls and bad press. Do you think maybe some of the Toyota owners in the market to buy a new car jumped ship and purchased a GM, Chrysler or Ford product for a change?

Ford didn't even accept tainted government handouts, yet this charlatan is boring everyone over at Ford with another of his blab.....blab...blab... pat- myself-on-the-back, diarrhea of the mouth speeches.

“Truth to Power!”

Since: Apr 07

Canton, OH

#15 Aug 5, 2010
Obama's Bail Out Nation

The Greek financial crisis will come to our shores in the form of state bankruptcies.

As Congress reconvenes next week to pass a $26 billion bailout of state and local governments entombed in their own deficits, we witness a foretaste of the crisis that will be the central event of the first half of next year: the collapse of state governments.

As long as the Democrats control Congress, they will continue to rubber-stamp Obama's requests for bailouts of profligate states. But when the Republicans take control, they will be less than forthcoming. Republicans will ask the central question:

Why should taxpayers from states that have cut their budgets and observed spending restraint, pay for the extravagances of the other states? Why should forty-seven states have to pay for California, New York, and Michigan?

State government employment has risen by 16 percent since 1995 and overly generous Medicaid and other spending has climbed alongside it. Pension obligations, initially incurred as a cheap alternative to pay raises for public workers, are increasingly driving state budgets over the brink.

State and local governments and school boards are hostages to the public employee labor unions that control their finances through their contracts and their politics with their donations and votes. These nominally democratic government bodies are as much under the sway of their union captors as the auto companies are of the UAW.

When a Republican Congress turns off the spigot of federal bailouts, the municipal and state bond markets are going to take the hint and stop buying state paper at any interest rate. California will find its debt has become unmarketable and will come begging Congress for relief. First it will seek federal money and then its demands will escalate into a federal guarantee of its state debt.

The Greek financial crisis will come to our shores in the form of state bankruptcies.

Hopefully, Republicans will not be so weak-kneed as they are in the face of the current shortfall and next week’s demand for aid. With two Senators caving in, the Democrats were able to pass their aid bill and send it to the House next week.

The Republican solution to state financial distress should be simple: The Party should insist on a change in the federal bankruptcy law providing for a procedure for state bankruptcy (none now exists). This process must call for abrogation of all state and local public employee union contracts as is usually done in private sector bankruptcies. By freeing states and local governments (including school boards) of their union obligations on wages, work rules, staffing, and pensions, they have a chance to survive and, indeed, to prosper. But merely subsidizing these massive expenditures just prolongs the misery of the states in question.

http://www.dickmorris.com/blog/2010/08/05/the...
Obama Is Great

Modesto, CA

#16 Aug 5, 2010
Obama single handedly saved the American auto industry! He truly is great.

“My Commander-in-Chi ef!”

Since: Jun 07

Obama got Osama!

#17 Aug 5, 2010
I love it; these right-wingers are screaming out in pain over this success that Obama created in the American Auto Industry. If these right-wing America-hating naysayers had their way the American Auto Industry (along with every other institution) would have failed miserably and vanished forever.
Responsibility

San Mateo, CA

#18 Aug 5, 2010
[QUOTE who="COUSIN PAULIEWhat next? This grandstanding fake will take credit for the invention of the car?
[/QUOTE]
Silly - wasn't that Gore or Bush?! LOLL

Obama could cure cancer and you sheeple would be griping, witching, bitching and moaning.
Responsibility

San Mateo, CA

#19 Aug 5, 2010
Smokin Joe Obama wrote:
A new model can be the IMPEACHMOBIL!
The impeach tourette syndrome sufferers are full of hot air and there is no new model that could run on that. Hence a dud model!
YouHelpFixIt

Scottsdale, AZ

#20 Aug 5, 2010
Obama Is Great wrote:
Obama single handedly saved the American auto industry! He truly is great.
When are we going to get our money back?

Since: Mar 08

Allentown, PA

#21 Aug 5, 2010
Marine Corp Pat wrote:
I love it; these right-wingers are screaming out in pain over this success that Obama created in the American Auto Industry. If these right-wing America-hating naysayers had their way the American Auto Industry (along with every other institution) would have failed miserably and vanished forever.
Are you PooPoo Platter's uncle?

“Truth to Power!”

Since: Apr 07

Canton, OH

#22 Aug 5, 2010
Responsibility wrote:
<quoted text>
Obama could cure cancer and you sheeple would be griping, witching, bitching and moaning.
A sheeple is someone that worships the messiah before he's found a cure for his Unemployment, Cancer and/or continues Escalating the War.

Dat would be you dummy.

Everything Obama's touched has been a disaster. Just look at thie idiot Obama claiming he had to Bail Out GM or they'd go Bankrupt. WELL THEY FILED FOR BANKRUPTCY ANYWAY MORON!

No that Taxpayer money is LOST forever and yet the Maggot is still trying to Pimp Billions MORE to them from the Taxpayer! W-T-F!

“Truth to Power!”

Since: Apr 07

Canton, OH

#23 Aug 5, 2010
Obama Is Great wrote:
Obama single handedly saved the American auto industry! He truly is great.
Ford didn't take Maggot Obama's Bail Out.

GM took Maggot Obama's Bail Out and Filed Bankruptcy.
Chrysler took Maggot Obama's Bail Out and filed Bankruptcy.

No who did the idiot in chief save? Puh-Lease!

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