OBAMA DID NOT "SAVE THE US AUTO INDUSTRY".
HE USED TAXPAYER MONEY TO BAILOUT GM AND CHRYSLER - BY SCREWING THE BONDHOLDERS AND SHAREHOLDERS AND HELPING THE UAW.
FACT: MOST OF THE COMPANIES BUILDING CARS IN THE USA WERE DOING FINE AND DIDN'T NEED A DIME: NOT FORD, NOT NISSAN, NOT HONDA, NOT BMW AND SO ON.
FACT: FIAT ENDED UP BUYING CHRYSLER AND THEY'RE DOING JUST FINE.
FIAT COULD HAVE BOUGHT THEM WITHOUT OBAMA GIVING AWAY A FEW BILLION OF OUR MONEY.
AND SOME OTHER CAR COMPANIES MIGHT HAVE BOUGHT DIFFERENT PARTS OF GM.
SO THE GM/CHRYSLER BAILOUT IS NOTHING TO BRAG ABOUT.
BESIDES: GM STILL OWES US $26BILLION!
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
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