In response to:

Obama's (Un)American Auto Bailout

Dan107 Wrote: Sep 05, 2012 7:45 AM
"The Treasury Department says in a new report the government expects to lose more than $25 billion on the $85 billion auto bailout. That's 15 percent higher than its previous forecast." That poor government! Losing all that money...! Hey! Wait a minute! That government is us... In essence the progressives are crowing with pride that their actions have resulted in the loss of $25 billion of our money. How many Adelphi retirees will vote for Obama? You all know the story of Adelphi and the GM bankruptcy proceedings, right people? Before it went belly up, Adelphi was the largest parts manufacturer for GM. The UAW voted not to fund the retirement accounts of the Adelphi workers out of the $85 billion received from the government.

CHARLOTTE, N.C. -- Cue "Fanfare for the Common Man" and rev up the Government Motors engines. Wednesday is Great American Auto Bailout Day at the Democratic National Convention. Party propagandists have prepared a prime-time-ready film touting the "rescue's" benefits for American workers. UAW President Bob King will sing the savior-in-chief's praises.

But like all of the economic success stories manufactured by the White House, the $85 billion government handout is a big fat farce.

"I said I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back," Obama bragged...