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Obama: I saved Ford by bailing out its competitors
Washington Examiner ^ | 8/5/10 | David Freddoso

Posted on 08/05/2010 5:15:17 PM PDT by Nachum

They didn’t take his bailout money, but the president claims credit all the same: The year before I took office, this industry lost hundreds of thousands of jobs. Sales plunged 40 percent — 40 percent. When the financial crisis hit and this great recession hit, that collided with an industry that for a long time had put off some hard choices, had put off adapting to changing times. And we had to face a hard, unimaginable reality, which was two of the Big Three automakers — GM and Chrysler — were on the brink of liquidation.

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


TOPICS:
KEYWORDS: bailing; ford; obama; saved
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President slime ball
1 posted on 08/05/2010 5:15:20 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 08/05/2010 5:15:57 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

All hail the Narcissist-In-Chief!


3 posted on 08/05/2010 5:17:05 PM PDT by Bryanw92 (Obama is like a rocket scientist....who's trying to do brain surgery with a hammer.)
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To: Nachum

This guy can’t put two words together without sounding like a complete moron.


4 posted on 08/05/2010 5:17:07 PM PDT by Psycho_Bunny (Hail To The Fail-In-Chief)
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To: Nachum
President slime ball

...and a grade “A” dooooooshbag.

5 posted on 08/05/2010 5:17:23 PM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Nachum

Well then, it’s certainly coherent to think that he will be saving America, at least in his mind, to be helping its’ enemies.


6 posted on 08/05/2010 5:18:00 PM PDT by Attention Surplus Disorder ("No longer can we make no mistake for too long". Barack d****it 0bama, 2009, 2010, 2011.)
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To: Psycho_Bunny

Bill Ford and Mulally probably support Zer0 and greenness.


7 posted on 08/05/2010 5:18:14 PM PDT by Paladin2
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To: Psycho_Bunny

Yeah but......aren’t you really, really proud of the President of the United States? The worst this country has ever had!


8 posted on 08/05/2010 5:18:54 PM PDT by RC2 (Remember who we are. "I am America")
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To: Nachum

HE’S RIGHT!!!

Who would want to buy anything from obamamotors1 or obamamotors2???

so by default FORD WINS!!!


9 posted on 08/05/2010 5:20:13 PM PDT by Mrs.Z
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To: Nachum

This is about like saying “I saved the mouse population by rescuing cats.”


10 posted on 08/05/2010 5:20:21 PM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: Nachum
Obama: I saved Ford by bailing out its competitors

Funny thing is, I think he's right.

I can't believe I just said that.

11 posted on 08/05/2010 5:20:40 PM PDT by MAexile (Bats left, votes right)
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To: Nachum


12 posted on 08/05/2010 5:22:23 PM PDT by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
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To: Mrs.Z

Chevy has maintained at least some kind of profile in the public attention, much of it from the accursed Volt, but it is still a respected truck brand. Chrysler? Where did you hide, Chrysler? Ford trucks are better than Chevys anyhow, and I have one pi**ed-off Calvin to prove it.


13 posted on 08/05/2010 5:23:34 PM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: Nachum
Chicago Ford Workers Cheer Against the Obama Auto Bailout
MSNBC leaves Obama speech at interesting moment.
August 5, 2010 
 

BEGIN TRANSCRIPT 
 
RUSH: Now, you notice, you notice, ladies and gentlemen, how Obama will not hold press conferences.  The media doesn't care about this.  He runs around the country claiming credit for things, assigning blame for things.  He went to Ford today. We have the sound bite.  Where is this sound bite?  I think it's number 3.  I'm changing my order on the sound bites from what I said.  Where is it?  I can't find it.  Never mind.  I'll have to find it during commercial break.  He went to Ford.  He started praising the federal bailout. (interruption)  It is number 3?  Play the sound bite. I don't have the transcript right in front of me.  I can't find what I... Ah, here it is.  This is this morning.  Obama spoke at the Ford Motor Company Chicago assembly plant, and during the speech you had the Ford plant employees cheering against the Obama bailout.  MSNBC happened to pull away from coverage at that point. 

OBAMA:  Now, Ford was in better financial shape and was able to weather the storm without federal assistance

AUDIENCE: (wild cheering).

MELVIN:  President Obama speaking to a friendly crowd there in Chicago. 

RUSH:  They bumped out of the "friendly crowd," the Ford Motor employees cheering the fact that they didn't take a federal bailout and then the dunce reporter Craig Melvin, " President Obama speaking to a friendly crowd there..."  It was not a "friendly crowd" in Chicago.  The crowd was cheering the fact that they had not taken any federal bailout money.  It was a repudiation of Obama.  MSNBC had to cut out.  So he's around.  He's claiming credit for all of these things, assigning blame for things, but he will not subject himself to a press conference, even when most of the fake media is friendly.  The reason for this is twofold.  He's really not that smart, folks.  This is part of the myth that Obama is superior in intellect and intelligence, smarter than all the rest. 

He's not really that smart. 

I mean, can we be honest? 

Here's a guy who's come up with policies, and he claims that what he's trying to do here is fix the economy and create jobs, and yet everything he's doing is destroying that.  How smart is that? He doesn't want to prove, he really doesn't want to illustrate how he is not smart.  His policies are indefensible.  I mean, there's no way Obama can defend his economic policies.  There's simply no way. That's why they are going back to bashing Bush.  Obama cannot defend one policy.  So he doesn't even want to stand up there and have a press conference.  He doesn't want to have any scrutiny whatsoever.  It's a lot easier to go out and make pronouncements, send the wife over to Spain, go golfing, jump on a plane to Chicago, have dinner with Oprah, have the media fawn all over you -- do all of that -- rather than do anything substantive. 
 
BREAK TRANSCRIPT

RUSH: President Obama went to the Ford plant in Chicago to talk about how he saved the US auto industry.  Did you know that he saved the US auto industry?  And by the way, the United Autoworkers are planning to target Ford this year for a massive strike.  Here's how Obama did it.  This afternoon he was interviewed by CNBC's Phil LeBeau who asked President Obama: "How do you feel about the fact that Ford was able to rebuild its business without a bailout?" 

OBAMA:  Well, the interesting thing is if you talk to Ford's CEO, he'll tell you that if GM had been liquidated, if Chrysler had been liquidated, that could have been a crisis for the entire industry including Ford because all those suppliers would have been lost and the brand of the American auto industry would have really been greatly diminished. 

RUSH:  There you have it. President Obama saved the US auto industry with a bailout.  Saved Ford, too, because see, if Ford's competitors had been liquidated, Chrysler and GM, why, Ford would have been destroyed, too, because the brand of the American made automobile would have been diminished.  So I, I, Barack Obama, I saved the auto industry.  That's his answer. 
 
END TRANSCRIPT  
 

14 posted on 08/05/2010 5:25:26 PM PDT by GOP_Lady
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To: Nachum

What an arrogant, poncy, two-bit, waygu-eating, arugala-chewing, sleazy, half-witted HUSTLER! He’s like a character out of a bad movie! It still blows my mind that he’s our friggin’ president!


15 posted on 08/05/2010 5:25:44 PM PDT by swatbuznik
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To: Psycho_Bunny

Is being completely delusional impeachable??


16 posted on 08/05/2010 5:25:53 PM PDT by Thom Pain (2 + 2 = 4 : Defending the Constitution is CENTRIST; not RIGHT WING! Don't be labeled!)
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To: Nachum

The only reason he was even there was because he wanted to raise funds in the area and blending this trip with this nonsensical “official business” the taxpayers instead of the DNC has to foot his travel expenses.


17 posted on 08/05/2010 5:27:51 PM PDT by order66.exe
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To: Nachum

don’t believe any of the numbers coming out of GM. They are cooking the books to prop up the equity IPO. Obama’s wall st donors will be forking your 401ks into that while shorting it for themselves and make another killing, while the taxpayers will still owe China the original $20bn that GM doesn’t have to repay. What a disgrace.


18 posted on 08/05/2010 5:28:03 PM PDT by bluedressman
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To: Nachum
Our family's Ford:


19 posted on 08/05/2010 5:30:17 PM PDT by GOP_Lady
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To: Nachum
Obama: I saved Ford by bailing out its competitors; oh, and by shutting down a bunch of dealerships that had nothing to do with the equation!"
20 posted on 08/05/2010 5:32:30 PM PDT by Michael Barnes (Call me when the bullets start flying.)
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