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Obama Didnít Save the Auto Industry: He Took Away 2,200 Dealerships and 120,000 Jobs
Laycatholics ^ | October 1, 2012

Posted on 10/01/2012 1:48:35 PM PDT by NYer

As a Catholic who works in the trade association profession in the auto industry it was unsettling to hear President Obama claim that he saved the auto industry. President Obama closed over 2,200 auto dealerships, which caused the losses of decades old family-owned businesses and over 120,000 jobs they provided. The closures were allowed to happen under the false notion that auto dealerships were an expense on their auto maker. The President ignored the fact that auto dealers are not an expense to automakers. Auto makers own none of what you see at auto dealerships. Auto dealers own all their property; the cars and trucks, parts, buildings, land, signs, everything. The dealerships pay their employee’s salaries and millions of dollars in taxes to state and local governments. The manufacturer has nothing to do with any of these things.

Facts:

The President’s actions against auto dealers violated the Catholic social teaching principles of social justice and the common good by removing owners rights to their property and defrauding workers of their wages. His actions (he calls it “shared sacrifice”) were an example of collectivism, centralized planning and socialism. All of these ideas are rejected by America and all are rejected by Catholic teaching in regard to the commandment, “thou shall not steal.”

Many people have forgotten what damage President Obama did to the auto industry and the auto dealer and their employees. Please remind them.


TOPICS:
KEYWORDS: auto; china; defensecapacity; enemywithin; exportjobs; factories; gm; mexico; obama; wealthredistribution
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1 posted on 10/01/2012 1:48:40 PM PDT by NYer
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To: netmilsmom; thefrankbaum; Tax-chick; GregB; saradippity; Berlin_Freeper; Litany; SumProVita; ...

Catholic ping!

2 posted on 10/01/2012 1:49:48 PM PDT by NYer
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To: NYer

And yet 75% of Catholics are still going to vote for Obama. And 75% of Jewish voters.

Pitiful.


3 posted on 10/01/2012 1:51:33 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are just useful idiots.)
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To: Fledermaus

The chair will not get the majority vote of Catholics as he did in ‘08. As for the Jewish vote, he will likely get around 65% of the vote, down by 10% of the ‘08 levels.


4 posted on 10/01/2012 1:54:38 PM PDT by TMA62 (Al Sharpton - The North Korea of race relations)
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To: NYer

Yeah, but since the vast majority of those dealerships were owned by Republicans, no one cares.


5 posted on 10/01/2012 1:55:16 PM PDT by null and void (Day 1350 of our ObamaVacation from reality - Obama, a queer and present danger)
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To: NYer

he saved the UAW.


6 posted on 10/01/2012 1:56:41 PM PDT by JohnBrowdie (http://forum.stink-eye.net)
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To: NYer

Funny how Ford, Honda, Toyota etc. never needed the kenyans help. Doubling Down on shitty management is no way to go through life boy.


7 posted on 10/01/2012 1:59:09 PM PDT by eyedigress ((zOld storm chaser from the west)/?)
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To: NYer

http://www.nbc33tv.com/news/decision-2012/new-poll-obama-opens-up-l

New poll: Obama opens up lead over Romney among Catholics

Oct. 1, 2012

Snip
Obama leads opponent Mitt Romney among Catholic voters by 54% to 39%, according to the survey, conducted from September 12 to 16 by the Pew Research Center for the People & the Press.

Obama’s lead in the Pew survey comes despite outspoken recent criticism of the Obama administration from America’s Catholic bishops and despite Mitt Romney’s selection of a Catholic running mate, Wisconsin Rep. Paul Ryan.
....
In 2008, Obama beat John McCain among Catholics by 54% to 45%. In 2004, John Kerry — the first Catholic nominee for president since John F. Kennedy — lost the Catholic vote to George W. Bush, provoking Democrats to take Catholic outreach more seriously.

end snips


8 posted on 10/01/2012 1:59:16 PM PDT by deport
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To: NYer
Doesn't Obama still own a big chuck of AIG?

Didn't I also read he owns a big chunk of GMC financial?

9 posted on 10/01/2012 2:00:06 PM PDT by TexasCajun
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To: NYer
President Obama purposefully and unjustly took away 2,200 self-sufficient, family Republican owned businesses...

Fixed it. The dealerships may also have been family owned, but (almost without exception) they were dealerships that had supported Republican candidates. Dealerships that had supported Democrats were allowed to remain in business.

Furthermore, he negated all debt owed by the auto manufacturers to their suppliers, thus causing major unemployment, bankruptcy, and loss of market share.

10 posted on 10/01/2012 2:00:18 PM PDT by afraidfortherepublic (Joe Biden is reported to be seeking asylum in a foreign country so he does not have to debate Ryan.)
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To: NYer
the GM realer in my told tole me verbatim that that he "Lost his dealership due to his political affiliation..."
11 posted on 10/01/2012 2:03:28 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: JohnBrowdie
he saved the UAW.

Who gave him an ultmatum : Now close the non-union Saturn plant in Smyrna TN. (simply saving the UAW was not enough)

12 posted on 10/01/2012 2:07:41 PM PDT by llevrok (By comparison to Obama, at least Nero could play a fiddle.)
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To: llevrok

Spring Hill.......Nissan owns Smyrna and proudly so.


13 posted on 10/01/2012 2:10:33 PM PDT by eyedigress ((zOld storm chaser from the west)/?)
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To: NYer
Obama and his machine have gone after American exceptionalism and areas we excel....

Strong dollar, NASA space program, health care, auto, Christian values, free speech ,gun rights, state rights, individualism...

14 posted on 10/01/2012 2:17:51 PM PDT by opentalk
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...and military


15 posted on 10/01/2012 2:19:01 PM PDT by opentalk
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To: NYer
He Took Away 2,200 Dealerships and 120,000 Jobs.....and stole millions from bond holders and re-distributed the wealth to the auto workers' union.

Where is the HECK are the class-action suits against this empty suit?

16 posted on 10/01/2012 2:25:30 PM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: NYer
Please correct me if I am wrong.

But, weren't several of the dealerships that were closed by the Emperor guilty of the heinous crime of being run by Republicans which had contributed significant funds to the Mccain-Palin 2008 Presidential campaign?

17 posted on 10/01/2012 2:27:13 PM PDT by Nip (TANSTAAFL and BOHICA)
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To: NYer

Another factoid Mitt has to be armed with when Obama says, “I saved the auto industry”.


18 posted on 10/01/2012 2:50:34 PM PDT by Signalman
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To: NYer

Don’t forget to add in the value of the thousands of perfectly good cars deliberaterly destroyed. Why, they could have gone to maybe 20% of the 47%.....:-)


19 posted on 10/01/2012 2:52:11 PM PDT by Sacajaweau
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To: NYer
Geithner took away pensions of 20,000 Delco workers

They were not UAW thugs.


20 posted on 10/01/2012 2:59:40 PM PDT by Uriíel-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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