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Hillary Clinton In Ohio: Donald Trump Would Have Been Happy To Let The Auto Industry Fail
RCP Video ^ | 10-3-2016 | Tim Hains

Posted on 10/03/2016 3:44:00 PM PDT by Sir Napsalot

During a speech about her economic plan in Toledo, Ohio on Monday afternoon, Hillary Clinton slammed her GOP rivals Donald Trump and Mike Pence for opposing the 2009 auto bailout. Northwest Ohio is the center of the American auo industry.

"Everybody in Ohio who is thinking about voting for Trump needs to hear that," she said. "At the time of the worst financial crisis in Ohio, in 2009, he would have let you twist and fall.

"And for his running mate, he picked Mike Pence, an ardent opponent of the auto rescue," she added.

(snip)

America came to the rescue.

Taxpayers like all of us (not him) but us provided the funds for the rescue.

Union workers stepped up. Communities like Toledo came together to make it work.

And now that the industry is back on it's feet, the auto companies have a responsibility to give back.


(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: automakers; oh2016
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Thanks, Hillary!

To remind us once again of the failed "Auto Bailout", for using massive amount of taxpayer money to pay out the Unions, to shaft the bond holders, to arbitrarily close out dealerships that don't donate to Dem party, etc. etc. ......

Trump camp ought to be able to come back with this one HRC soundbite.

1 posted on 10/03/2016 3:44:00 PM PDT by Sir Napsalot
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To: Sir Napsalot

Over-regulation of the Product and Labor used to make said product is what caused the auto industry to fail....

But Hillary is too stupid to realize that...


2 posted on 10/03/2016 3:45:18 PM PDT by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
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To: Sir Napsalot

Yeah yeah yeah and he kicks puppies and drowns kittens.


3 posted on 10/03/2016 3:47:52 PM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: Sir Napsalot

Crooked simply has no idea about creating wealth by adding value. The GM bailout was a crime against rule of law.


4 posted on 10/03/2016 3:48:15 PM PDT by vooch
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To: Sir Napsalot

The auto industry would be doing better if GM renegotiated bankruptcy and got rid of the AFL-CIO.


5 posted on 10/03/2016 3:51:29 PM PDT by struggle (The)
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To: Sir Napsalot

NO MORE BAILOUTS!

come what may

NO MORE BAILOUTS!


6 posted on 10/03/2016 3:54:00 PM PDT by Lorianne
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To: Sir Napsalot

This woman is so despicable, so evil, so motivated by her thirst for power, that even the dog catcher on Baffin Island would be preferable to this crooked fool. Get a life rabid libs, remove the veil from your eyes to see what pure corruption and evil looks like.


7 posted on 10/03/2016 3:54:25 PM PDT by Fungi (Beer, you like beer? Enjoy your beer and all the fungi that come with it,)
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To: Sir Napsalot

It is clear what Clinton’s strategy (which includes CNN, etc.) is going forward ... information overload to keep Trump responding ...


8 posted on 10/03/2016 3:54:36 PM PDT by dartuser
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To: Sir Napsalot

Yep... she’s given up on Ohio... appearances and ads non-stop... if this is giving up, I’d hate to see what it’s like if she’s engaged... how could so many of you have fallen for that BS! This witch has almost unlimited funds- she won’t cede any state within 10 points


9 posted on 10/03/2016 3:58:28 PM PDT by NYC-RepublicanCT (Trump vs Media/Dems/Obamas/NeverTrumpers. Still winning!!!)
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To: Sir Napsalot

The recession would have ended 6 years ago if the bailout never happened. Tell us how great the Auto Industry has done under Obama/Clinton.

Pray America wakes


10 posted on 10/03/2016 3:58:30 PM PDT by bray (I'm Deplorable)
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To: Fungi

Agreed... she is all of that... but many millions won’t know that because Trump has refused ads and was unable or unwilling to hammer her in front of 86 million viewers!


11 posted on 10/03/2016 4:00:21 PM PDT by NYC-RepublicanCT (Trump vs Media/Dems/Obamas/NeverTrumpers. Still winning!!!)
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To: Sir Napsalot
Notice how the articles starts off with "her" economic plan, but the she immediately attacks Trump.

This woman isn't fit to serve on some town's water board committee.

12 posted on 10/03/2016 4:06:21 PM PDT by Extremely Extreme Extremist (TRUMP THAT BEYOTCH!)
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To: Sir Napsalot

Ambassador Stevens Is Dead And The Chevy Volt Is Alive!


13 posted on 10/03/2016 4:20:15 PM PDT by Gay State Conservative (Deplorables' Lives Matter)
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To: Extremely Extreme Extremist

She doesn’t know anything about making Trump happy, and even less about making her husband happy.


14 posted on 10/03/2016 4:20:50 PM PDT by sanjuanbob
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To: Sir Napsalot
That was quite a rally Hillary had in Toledo!


15 posted on 10/03/2016 4:22:45 PM PDT by COBOL2Java (Hillary's screeching voice is like the pipe organs of hell)
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To: COBOL2Java
Then there was this incredible turnout in Akron!


16 posted on 10/03/2016 4:24:41 PM PDT by COBOL2Java (Hillary's screeching voice is like the pipe organs of hell)
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To: Sir Napsalot
The auto industry wouldn't have 'failed'.

They would have gone through a chapter 11, reorganized, and come back stronger than they are now.

What they did instead: came back with the same structural costs as before. So, it's just a matter of time before it happens again.

Several big differences:

  1. a chapter 11 reorganization would have also lifted the UAW's stranglehold on the US auto industry. Union contracts would have been renegotiated.

  2. GM and Chrysler's secured debt holders would have gotten more than pennies on the dollar (a flagrant violation of US bankruptcy law).

  3. The UAW wouldn't have gotten a giant giveaway in GM and Chrysler stock. They would have had to get in line with the rest of GM and Chrysler shareholders.

  4. The US Treasury wouldn't be short about $10 billion (the difference between what was loaned to GM, and what was recovered by selling the Treasury's share of GM stock).

The auto "company" bailout was actually an auto union bailout. The auto companies are in worse shape now than if they had gone through a real chapter 11.

17 posted on 10/03/2016 4:38:10 PM PDT by justlurking
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To: Sir Napsalot

The main reason I won’t buy a Detroit car is unions.

They cost too much over the relative value


18 posted on 10/03/2016 4:39:42 PM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: Sir Napsalot

Me, and lots of others, will never buy another General Motors product.


19 posted on 10/03/2016 4:49:36 PM PDT by FrankR (You're only enslaved to the extent of the charity that you receive!)
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To: NYC-RepublicanCT

Are you going to be ok?

Or does Hillary scare you that much?


20 posted on 10/03/2016 4:53:59 PM PDT by VanDeKoik
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