Skip to comments.Yikes: Obama Suggests We Bail Out Every Struggling Industry
Posted on 08/09/2012 5:14:37 PM PDT by Kaslin
Bailouts for everyone! That's the latest push coming from President Barack Obama's lips. During a campaign event in Colorado today, Obama touted his "successful" bailout of the auto industry.
President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.
“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
Mitt could really distance himself from W’s idiotic 2007 mandates for wind and ethanol by vowing to repeal those,too.
He is out of his fricking mind!
Why not just give every man, woman and child a million dollars... it’s quicker. The next morning the country would be broke - our money worthless... and Obama wouldn’t have to wait months and months to destroy everything.
I used to think this subhuman loser should be just in prison...now, I believe he should be in an institution for the criminally insane.
We already know there is no lie too big for Obama to tell and no amount of lies too many for him to tell.
What remains to be seen is if there is no lie too big, or no lies too many, for the American people to swallow hook, line and sinker.
I know, I know, Bush's fault!
As my grandkids would say ... *facepalm*
Oh great...now my eyes are bleeding. The pressure in my head must be getting to be too much.
Why is everyone focusing on the 2nd part of the statement? I didn't make it past the 1st part. Roaring back? ha ha ha ha GM profits fell 42% in 2Q of 2012!! People aren't buying anything BECAUSE of Barack Hussein Obama's imposed overhead and constraints on the economy
Obama in a moment of stark honesty. He truly believes that Government control over industry is the best way to go. He is a true believer.
Goebbels woud be proud. Tell the Lie. Reinforce the Lie. Live the Lie.
Just one thing, though - I really don't want to manufacture anything.
I just want to suck out all the stimulus money, close the doors and lay everyone off, then disappear like your Solyndra cronies...
He is not hiding now.
Raw, unchecked socialism is spewing out.
An American who votes for this Communist should have to take a citizenship test afterwards. Failing it gets his citizenship yanked.
My business has lost money for the 1st time ever (10yrs) because companies backed out of their distribution commitments. They didn’t say it’s a bad economy they said we gotta throw this socialist/bum out 1st.
He wins again I’m all for “his” help but we’ll take ours in gold & silver bars.
The fool is delusional.
Ford Motor Company brought themselves back. The Auto companies he gave money to arent doing so well.
GM I moving to China.Fiat bought Chrysler yeah what a success, the Italians buying out an American Company.
Obama is crazy as a loon.
just priming the pump to push money into print media to prop it up
Well that should cover all the bases. He is pro gay, pro ugly women, pro commie, pro islamic terrorists, pro Israel, pro war, pro peace, pro stimulus, pro business, pro union, pro illegal immigrants, pro border protection, pro cutting spending, pro shovel ready jobs, pro free healthcare, pro taxes, and now he is going to bail out every business like he saved GM. Think we will ever see that 50B again? Why so many people do not see through this fraud I don’t know. But Mittenss better find his voice soon, or name Christie his running mate so SOMEONE can articulate something. What a joke.
It's called "inflation", and it leads towards World War III.
Where do I get in line?
I don’t think Obama and other communists are interested in the struggling companies as much as they are in the successful ones. They want the profits and control over them.
I doubt he means “every” industry...
Just those with lots of union people whose dues go to democRats...
Romney makes me sick thinking I have to vote for him to oust choombama
I could run a better campaign from my bedroom than this bs.
2 things: all commerce state owned & controlled & Cloward Piven. I guess in that order.
Oh yeah. It won’t be any different if 0 gets reelected, /s
Didn't a number of communist Countries try this for decades and fail miserably?
The bailout and cash for clunkers added to the cost of every car new and used.
Best things you can do, Mr. President, are to cut corporate taxes and regulations. US business and workers will do the rest. But of course that doesn't square with the "control agenda" of you Fascists.
32 posts so far, and nobody dares mention that Obama is supporting US jobs.
He’s doing it backwards. And upside down. And he’ll cause more damage this way than with anything else.
But he’s supporting US jobs.
Where are we on this issue? I’m for US jobs.
The only US jobs Baraq supports are unionized ones where he can be the beneficiary of their donations.
He better write my check before the election.
I can’t deal with this idiot anymore. He makes my head hurt.
I’m for US jobs too, but simply propping up failing businesses is no solution. We’ve seen Obama startups like Solyandra run through their grants & guaranteed loans only to close the doors and lay everybody off.
The broader economy needs relief from an energy policy that is causing $4 gas. The economy needs relief from onerous regulations from OSHA & EPA. The average American consumer needs tax relief, so that they have disposable income.
Thanks for responding, but I suggest seriously we take it about 5 steps further than that.
China is protectionist. Seriously so.
There is (zero) reason for China to be protectionist.
As China rises, this will become an increasing problem. Already is in fact.
We need to do something NOW about China’s future. Make a decision as they say.
Either China opens up and joins the world. Or China goes it alone.
One or the other.
We’ve played half-way on China for too long.
Make a decision.
Meanwhile our side, should begin moving factories out of China.
Romney ought to be on this like a duck on a Junebug. I have not heard a word from him.
I'm just old enough to remember when we had clerk/typists in the US government. Today every analyst, officer, manager, executive ~~~~~ had better know how to use a computer to write his own stuff.
I saw a truck engine plant I used to work in taken from 5,000 employees down to about 500 employees (over 30 years) and actually increase it's truck engine production volume.
None of those jobs went overseas ~ they simply disappeared!
Despite much criticism, some well deserved, the Romney campaign appears to be fairly well disciplined and will make devastating use of this admission by Odumbo of his plans, like his recent self-destructive “you didn’t build that” clarification of his view on American entrepreneurship. The war chest is building - our Dear Reader’s mind is being played by the Romney campaign so he will continue to make these crazy statements as he grasps for anything that he thinks might excite his useful idiots, but which thinking people will see through when the real campaign begins (God help us have enough voters that take a few minutes to actually consider what another Obama term would mean).
Hope you are right.
This ‘joker’ gets me more confused every day.
Wasn’t the function of Bain to use money to prop up failing companys, those that couldn’t ‘keep up’ went under and those that were able survived.
The big difference here is that Bain used his own INVESTORS money.
Now ‘we’ are supposed to vilify Romney for earning a living by making investments work and the weak fell by the wayside. AGAIN the only difference is that BO wants to do it using OUR money and I would like to see a list of these companies he wants to save....How many do you think are Non-Union.
He’s a Chavez wanabe.
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He really doesn’t have a clue, does he?
I guess he was hanging with his Marxist buddies while he should have been in Econ 101 class.
The uhh...People Who Post on Free Republic Industry could really use a bailout (shh, don’t spoil it, this might be the only way we see any of our taxes come back to us).
Also the greatest source of job creation. You ignore the fact that the IT and EE sectors sprouted and grew at the same time.