Detroit is planning bankruptcy. Will Obama help?
Councilwoman Watson tells Obama to bail it out since they voted for him. Obama hasn't gotten back to her yet but since he is taking credit for bailing out GM it stands to liberal reason that Obama should be expected to bail out Detroit.
It's a toxic situation for him. Unfortunately, it's been largely ignored the kind of cult of personality that Obama has, and the way people like the Councilwoman look toward him. So if he acknowledges her, he could risk having to disappoint and shed some reality on one of the people who voted him in. It sounds a little biased, but that's how I see it.
by William R. Wilson 13 years ago
http://www.nytimes.com/2010/11/18/busin … amp;emc=a2It's not all paid back yet, but things are looking good. Hardly a socialist nationalization of the auto industry though....
by pgrundy 15 years ago
Does anyone else think this is getting out of hand? I read yesterday that GM will close 5 more plants and lay off 20,000 more U.S. workers but they need $14 billion to do it. How many jobs could we lose for $28 billion? How many billion do we have to fork over to get them to eliminate ALL the jobs?...
by phion 11 years ago
Taxpayers pay for $49,000 of the $89,000 dollars it cost to build a Chevy Volt. Sound like a good deal to you? That President Obama really wasn't joking when he said energy costs will have to sky-rocket was he? What a joke. See what happens when we rely on government?
by Deforest 9 years ago
Obama is waging wars against Iraq, Syria... with whose dimes? If our government finances wars what about Detroit, Pittsburgh... ? What is Congress doing? If congress doesn't do its job who will?Art 1, sect 8 clearly states that congress shall have power to declare wars..., to raise and support...
by Eugene ong 12 years ago
Should I wait for her if she asks me to give her some time?It is a long distance ralationshipShe said she is very busy with alot of family issues She is head strong and always asks me to be a man. She asks me to be more confident with yawls for her to love me.She is my girlfriend but I don't think...
by Leslie McCowen 11 years ago
"One of Mitt Romney's top advisers said Saturday that President Obama's decision to bailout Chrysler and General Motors was actually Romney's idea. "[Romney's] position on the bailout was exactly what President Obama followed. I know it infuriates them to hear that," Eric Fehrnstrom,...
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