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Obama's (Un)American Auto Bailout

Moonbat Exterminator Wrote: Sep 05, 2012 1:34 PM
The real reason GM built those plants is that China levies a HUGE tariff on imported cars. It raises the price to Volt like levels. Any company that wants to sell cars in China must buils plants there because of the protectionism of the Chinese.

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...