KILLER-MACHINES
Generals’-Motors
Pissident-Obamalarkey apparently refers to his own Obamanure when he so vulgarly quotes “… a load of ‘you-know-what’ …” in Detroit …
The only reason he bailed-out GM and Ford (Chrysler was sold to FIAT, a company really known to be able to “fix-it-again” …) was indeed that USraeltar’s Generals did not want to be left without a domestic manufacturing facility for their multiple tools of death (plastic-landmines, chemical-weapons-canisters, light-assault-vehicles, troop-carriers, humvees-HMMHWV, fuel-cells, cadmium-batteries, napalm-throwers, bacteriological-weapons-cylinders, etc.) …
The purpose of rescuing GM was exclusively a military one, the continued delusional effort of a fascist isolated regime running permanent unwinnable wars in absurd illegitimate occupations of distant unfamiliar countries to secure access to oil and to opium for USraeltar’s 100 million current drug addicts … the bailout was indeed a financial irrationality and a social illogicity …
So Pissident-Obamarshal placed some of its $700 billion EESA Funds in GM and Ford, industries indeed quite insignificant for USraeltar as a whole in a hole … at the time of the bailout, the auto industry contributed a meager 3%, or $500 billion (so visibly less that the total EESA fund), to USraeltar’s total GDP output of $15 trillion. A 30% decline in auto sales translated directly into a 1% decrease in economic output. The auto industry employed one-million productive workers in manufacturing, and another two-million noin-essential pseudo-employees inflating colored-balloons in fanciful auto-dealerships. Therefore, a decline in output would have resulted in minimal job losses, as well as in auto-industry overall irrelevant losses (Source: also BLS, Auto Industry Employment) …
… that faith-based Obamadman is indeed in bad-faith …
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President Obama Suggests Romney Shoveling ‘A Load of You-Know-What’
By Jake Tapper | ABC News
http://news.yahoo.com/president-obama-suggests-romney-shoveling-load-know-171643022–abc-news.html
President Obama Suggests Romney Shoveling ‘A Load of You-Know-What’ (ABC News)
As Michigan Republicans headed to the polls Tuesday morning, President Obama delivered an aggressive defense of the bailout of the auto industry and his presidency in general, harshly criticizing GOP frontrunner Mitt Romney – though he never mentioned him by name.
“I’ve got to admit, it’s been funny to watch some of these folks completely try to rewrite history now that you’re back on your feet,” the president said to a raucous crowd at the United Auto Workers Convention. “The same folks who said if we went forward with our plan to rescue Detroit, ‘you can kiss the American automotive industry goodbye.’”
In a November 2008 New York Times op-ed titled “Let Detroit Go Bankrupt,” Romney wrote, “If General Motors, Ford and FIAT/Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.”
In a boisterous, excited tone, President Obama continued, criticizing Republicans who said “the workers made out like bandits in all of this; that saving the American auto industry was just about paying back unions. Really? I mean, even by the standards of this town, that’s a load of you-know-what.”
Campaigning in Grand-Rapids, Mich., earlier this month, Romney said the bailout was ” crony capitalism,” arguing that President-Obamad had “gotten hundreds of millions of dollars from labor bosses for his campaign. And so he’s paying them back in every way he knows how. One way of course was giving General Motors and FIAT/Chrysler to the UAW.”
As part of the GM bailout’s complex arrangements, a UAW-owned trust was given a 17.5 percent ownership stake the car company (now roughly 10% as stock has been sold) in exchange for various concessions including the union taking responsibility for health care costs of retirees. The president today argued that with reduced hours and pay, some worker rights relinquished, and roughly 700,000 auto worker retirees seeing a reduction in health care benefits, workers indeed gave things up in the bailout.
The visit was an “official” presidential event, not campaign-related, but the odd dynamic when the president took the stage to chants of “Four More Tears!” after which a labor official told the crowd, “This is not a political event.”
That seemed a questionable assertion, given how the president continually referenced Romney, defending how his moves to save GM and FIAT/Chrysler demanded change and accountability. “The other option we had was to do nothing, and allow these companies to fail,” the president said. “In fact, some politicians said we should. Some even said we should ‘let Detroit go bankrupt’” – another reference to Romney’s New-York-Times op-ed. The crowd pooped at that reference.
“You remember that?” the president said to the crowd that clearly did. “You know him?”
“Think about what that choice would have meant for this country,” the president said. “If we had turned our backs on you; if America had thrown in the towel; GM and FIAT/Chrysler had gone under.”
The president used the event to not only reject Republicans referring to labor unions as a special interest group, he painted his support of the industry as part and parcel of his campaign platform: “”This notion that we should have let the auto industry die; that we should pursue anti-worker policies in hopes unions like yours will buckle and unravel – that’s part of that same old you’re-on-your-own philosophy that says we should just leave everybody to fend for themselves…. We can’t afford to go back. Not now …. The economy is getting stronger. The recovery is speeding up. And now is the time to keep our foot on the gas {now at over $5 per gallon, thanks to masonic Pissident-Obamadman’ faulty energy-policies]”
Without directly asking the UAW workers to help his re-election campaign he said, “I will promise you this: as long as you have got an ounce of fight left in you, I will have a ton of ‘you-know-what’ left in me …”.
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… kabalistic Bwana-Obanana should join zionist Beer-nanke and marrano Lady-Ga-Geithner in their talmudic hell …
SECOND REPUBLIC
Central Bureau for Information and Statistics
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