For president to have claimed to have saved the American auto industry is just a flat-out lie! That’s right Mr. Obama YOU LIE!!!!
The fact is the out source-er in chief mask-a-raiding as the president with so much feelings for the American worker has just sold them down the road and over that bridge you didn’t build to China.
“Seven out of ten automobiles were made outside of the United States. We have 11 joint ventures in China with SAIC and FAW. We operate 11 assembly plants in China, four power train plants in eight cities across the country. We have more than 2,700 dealerships and sales outlets nationwide. We regard our eleven joint ventures as 11 keys to success. Not just in China but globally. Our commitment to working in China, with China, for China remains strong and focused in the future. We are now building out the advanced technology center which will bring our research and development that is centered largely in the U.S.; we are going to diversify that more into China because we think this market is so critically important to the success of our company. GM is a company well established for the future in China.” (May 4, 2012, video clip narrated by Vince Wade)
Hard to argue with the facts when they are in black and white on paper.. or in video. The democrats are the party of extremists now. Taken over in the past few years to the dark side of extremism. They have been taken over by socialist minded people who hate the success of capitalism, and are actively working to end capitalism’s ability to provide success and in-turn freedom for all who practice it.
The President is right that GM is number one again – in China. Nationalizing the auto industry was not necessary. Extending the same business model to all American industries is not a good idea in capitalism, it WILL “drive jobs away, taking root in China” and elsewhere. (quoted from the Canadian free press CFP.)
For the president to claim to have saved the American auto industry. He must have known that the American auto workers also build more than GM ( Government motors ) cars and trucks. Ford didn’t take the easy money, nor did Toyota, Honda… and the list goes on. You get the picture we build more than GM cars and trucks in America. All though those other auto manufactures aren’t union company’s! So they don’t count! Or do they? Who needs to save something that’s working? Government bail-outs are designed to reward failure and punish the successful through taxing success. The thing government needs to do in order to bail-out anything is rob Peter to pay Paul. But then the GM bail-out wasn’t for the future of America, nor was it for building autos in this country. But a UNION bail-out! A money laundering scam. Unions in turn got bailed out, then donated to the presidents reelection campagne. So the auto worker be damned!
Is that fundamentally changing America…. is that hope and change?