From MSNBC: "Obama blows own horn at Ford plant."

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SpurHunter

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<p class="i1">Oh good Lord, where do I start with this one. http://www.msnbc.msn.com/id/38573054/ns/business-autos/</p><p class="i1">CHICAGO — With a Ford Motor Co. assembly plant as the setting, President Barack Obama argued Thursday that his politically risky decision to bail out the auto industry saved it from collapse. </p>

“I refuse to walk away from this industry and American jobs,” Obama said Thursday, pointing out that his administration’s unpopular $60 billion bailout of General Motors and Chrysler, Ford’s U.S. competitors, means that all U.S. automakers are now operating at a profit." </p>

<u>Ford, which did not accept federal bailout money</u>, is adding 1,200 jobs and a second shift at the Chicago plant."</p>

</p>
 
Later in the same article
Ford... is adding 1,200 jobs and a second shift...Export-Import Bank will offer a loan guarantee for Ford that will finance $3.1 billion

What is the difference between export-import bank loan and a tarp loan? Both are federal loans.
 
And in the news today, GM is building a plant in Mexico, I believe I heard an engine assembly plant. More jobs to Mexico and not the U.S. Way to go GM. emoBang This is were some of the stimulus money is going too.
 
If we keep it up the Mexicans are going to be complaining about illegal American immigrants crossing their borders and stealing their jobs...
 
It used to be "We The People................</p>

</p>

Now it's "Me The President.....................</p>
 

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