Monday, June 1, 2009

RNC web ad on "Government Motors" (Video)



From RNC Chairman Michael Steele:

"No matter how much the President spins GM's bankruptcy as good for the economy, it is nothing more than another government grab of a private company and another handout to the union cronies who helped bankroll his presidential campaign. President Obama will now own 60 percent of GM, and his union buddies will own almost 20 percent. And what do the taxpayers get? They'll get stuck with up to a $50 billion tab for the taxpayer dollars Obama is using to pay for his takeover of GM. Americans shouldn't be fooled. This is the real 'change' President Obama has in mind for America - government ownership of our economy financed with irresponsible and reckless government spending and debt and no jobs to show for it. This is a very sad day for the autoworkers and their families whose financial well-being will be directly affected by this clear act of an overreaching UAW and overbearing government."

This coming after the RNC acted like concern trolls as President Obama took his wife to a dinner and a play in NYC. Rolleyes, time.

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President Obama does not own General Motors. We the people now own General Motors. My prediction is that will prove to be the best investment the American people have made since we purchased Alaska from the Russians. And what was the Republican alternative? It would have meant the complete liquidation of General Motors. Michael Steele has every right to criticize, but it would be only fair for him to suggest what he would have done instead.
sluggahjells's avatar

sluggahjells · 825 weeks ago

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