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Obama's (Un)American Auto Bailout

wiseone Wrote: Sep 05, 2012 11:07 AM
How "competitive" would the Sonic be without all that taxpayer subsidy that WILL EVENTUALLY RUN OUT. GM's sales increased last month because of increases in sales of LIGHT TRUCKS and SUVs.

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...