Wednesday, February 15, 2012

Why is Obama so much tougher on the car makers than he is on financial institutions?

The car makers just need a small fraction of whats been given to AIG, the banks, etc.



All of the big banks have corporate jets they still use but the car makers got blasted for using their company's own property.



Why is Obama harder on the car companies?Why is Obama so much tougher on the car makers than he is on financial institutions?The latest Eastern European Industrialized policy Obama has displayed is his firing of GM CEO Rick Wagoner. The President of the United States PERSONALLY stepped in and dismissed this individual - he personally got involved. Obama thinks he can determine who works where - and he did. The comments Obama made recently concerning the Auto industry, GM and Chrysler are the words of a Dictator - someone who thinks the government should and MUST control every aspect of your life! Very scary indeed. o_O



http://www.whitehouse.gov/blog/09/03/30/…Why is Obama so much tougher on the car makers than he is on financial institutions?
Agreed! This also speaks volumes against accusations that unions own Obama. Wall Street owns him and all of DC.



People who blame unions for the woes of mankind are either illiterate or incapable of reasoning. Wall Street can order US lawmakers to start wars for their profits.Why is Obama so much tougher on the car makers than he is on financial institutions?he who gives Obama the most money wins the most favor.....
I could explain it to you as could many others, but why bother, you already have your perceptions and opinions, and I doubt any information presented would do a thing to either educate you, or change your mindset.Why is Obama so much tougher on the car makers than he is on financial institutions?The Big three needs to go bankrupt and reorganize their labor force, how can you sale so many cars and trucks and have problems. The unions are whats braking the automaker not slow sales.Why is Obama so much tougher on the car makers than he is on financial institutions?
Obama is a puppet for bankers.
Stupid green people are making it so they can't sell big vehicles all because of that man-made global warming crap.Why is Obama so much tougher on the car makers than he is on financial institutions?
Can you say Chris Dodd or Bwaney Fwanks?



By the way, if the UAW would give even half of their worth, the very industry they support would not need a dime.
Cause those banks own you. Billions of dollars invested into them from Americans.
Tough! ! ! Well I hope Obama is tough on me! I could use a few billion. If I don't know how to run a company and should go bancrupt maybe he'll give me more than that.



He is easier on AIG though they gave him personally over $100,000 and gave all of their political donations to Democrats. ALL TO DEMOCRATS, not a single Republican. Guess why he's so nice to them.
He wants them to fail so ford motor co. will excel
Because of their size and massive regulation courtesy of the government, he essentially already has all the control over them. No need to go further, they are so wrapped up in red tape that it's what CAUSED their demise to begin with. That fits into Barry's plans. After all, since when did THE PRESIDENT get to say who was fired from a company? That's a huge problem, don't you think? Welcome to fascism. Everything on the surface seems to have somewhat remained in tact...it APPEARS there are private companies, but the truth is, their every move is regulated by the government. GM and other car companies were merely the "test" model. As for AIG, that was nothing more than a manufactured outrage to JUSTIFY their power grab. Any American who thinks it's perfectly okay for our government to now have power to seize ANY private company they wish needs their head examined.
Comrade Obama's buddies are infested thoughout the finacial institutions.



I think Comrade Obama has been too soft on the auto industry.



If they fail somebody will buy their plants and build cars.



That's the American way.



May God protect the American People and the Free World from the Democrat Party and Barack Hussein Obama.
“These are complicated companies,” one CEO said. Offered another: “We’re competing for talent on an international market.”



But President Barack Obama wasn’t in a mood to hear them out. He stopped the conversation and offered a blunt reminder of the public’s reaction to such explanations. “Be careful how you make those statements, gentlemen. The public isn’t buying that.”



“My administration,” the president added, “is the only thing between you and the pitchforks.”

That's excerpted from the article linked below. Obama isn't going easy on them, not even close. But they are even more important to the economy than GM at this juncture because of the precarious state of the credit markets.
If the government owns the banks like Chavez does then you get to tell them what to do. Why own a bunch of cars when money gets so much more? Money is also much easier to cover up in the details, but cars are still sitting out in the open.
Banks need the bail out more than car companies. If banks were to go bankrupt it would causer greater problems than if a car company would. If people had no confidence in their banks they would pull out their money and the banks wouldn't have that kind of money for everyone.
financial institutions must of greased his pockets better.
The government intervenes where intervention is most crucial. No business, successful or troubled can operate in the absence of credit and a functioning financial system. Everything is at risk when no money is flowing. The car companies are in a down cycle and were just unprepared for the steepness of it. Dozens and dozens of car companies have folded in the past 100 years. The auto industry survives and will this time too. If a company has a good business plan for recovery it should get a little help - as more people will suffer less if existing companies get turned around. But if they are just wanting to build the same crappy cars and mega-sized SUV's for less cost by busting Unions or getting subsidies then let them go.
Car makers are lost causes. Financial institutions can be fixed. Wishful thinking, though.
We all really know the answer- he is in the back pocket of the financial corporations

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