In response to:

On Labor Day, Unions Have Nothing to Celebrate

E. James Wrote: Sep 03, 2012 8:49 AM
If I hear one more time that Obama "saved the auto industry", I'm going to lose it. It's easy to "save" a company when you screw the investors. Stockton is just using another version of Obama's remedy. If the voters of this country reelect this charlatan, then THEY (not us) deseve what they get. And it won't be pretty.
comsense08 Wrote: Sep 03, 2012 10:03 AM
GM might still have it's headquarters and MFG plants in Michigan, but living here, I can assure you the b ailout saved nothing. The "workers" are just a small part of the number of people impacted by a companies failure. There were litterly thousands of folks damaged by the GM bailout. They didn't get "saved", they got thown to the wolves!
Obama likes to make mention of Bane Capitol's record, he needs to be careful, his is nothing to talk about at all!
comsense08 Wrote: Sep 03, 2012 10:03 AM
GM might still have it's headquarters and MFG plants in Michigan, but living here, I can assure you the b ailout saved nothing. The "workers" are just a small part of the number of people impacted by a companies failure. There were litterly thousands of folks damaged by the GM bailout. They didn't get "saved", they got thown to the wolves!
Obama likes to make mention of Bane Capitol's record, he needs to be careful, his is nothing to talk about at all!
AKA Deerhunter Wrote: Sep 03, 2012 9:05 AM
Oh and don't forget the taxpayers who are still on the hook for 25 Billion.
wiseone Wrote: Sep 03, 2012 8:53 AM
"It's easy to "save" a company when you screw the investors."

Except that Obama didn't even save GM.He just screwed the bondholders and the non-union employees.

BTW - those bondholders and non-union employees are NOT part of Obama's evil 1%. There are part of Obama's precious middle class.
McGovern Wrote: Sep 03, 2012 9:04 AM
Including me.

My pension had money invested in GM bonds.

My pension no longer has money invested in GM bonds.

My pension has no money.
A American Wrote: Sep 03, 2012 9:18 AM
dont blink, the government will screw everyone else. If Bernake realeses money again there will be a pop. If Germany agrees to the bailout there will be a bigger pop/ This should hold till the elections. Then get ready for the roller coaster, it is a big drop and everyone will take a haircut. Can you say 50%, then the governemnt will say oh you want to be safe, time to invest in our new govenment sponsored retirement plan.
Dan107 Wrote: Sep 03, 2012 9:29 AM
Is that the company that is careening toward bankruptcy once again?
Snarkasterous1 Wrote: Sep 03, 2012 10:10 AM
You forgot to mention how Obozo screwed the dealerships, too....particularly those recognized to be "not on board" with libbie-hopey-changey-socialistic horsehockey.

- Snark

For labor unions around the country, this Labor Day serves as a painful reminder that when they decided to go all-in for Obama in 2008, they alienated the rest of us non-government, non-union members- the 99 Percent- who have to go out and earn our keep every day. And that alienation is being expressed in political defeats by unions around the country. 

I’m wondering if the unions are starting to regret their investment in Obama.

Unions dumped $450 million into the Obama effort in 2008, according to the New York Times, hoping that they’d buy political clout with Obama that...

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