Obama’s bragging about how well GM’s doing?

by **rolfe16** » Fri Jul 13, 2012 1:49 am

7/12/12 the blaze: General Motors announced this month its auto sales increased by 16 percent in June, its best monthly sales gain since 2008. Considering all the company has been through, and the fact that it still owes taxpayers approximately $25 billion in TARP repayments, a 16 percent boost in sales sounds like good news, right?

7/5/12 http://nlpc.org/stories/2012/07/05/gm%E2%80%99s-government-sales-and-truck-inventory-rise:
“We now learn that government purchases of GM vehicles rose a whopping 79% in June.”

Obama wants more of that United Auto Workers political cash democrats get every year – the kickback is paid through deals like the above. He does the same for the cash government unions give to him – the “mafia kickback,” as it were:

-8/13/10 USA Today: At a time when workers' pay and benefits have stagnated, federal employees' average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds.
Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade.
Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available.

by **naseem** » Fri Jul 13, 2012 2:07 am

He's just trying to save face and justify his bailout.

by **egann** » Fri Jul 13, 2012 2:08 am

what was the question?

by **artzai** » Fri Jul 13, 2012 2:11 am

He likes to bragg about it, but fails to list the fact that they have moved to china.

by **dacy17** » Fri Jul 13, 2012 2:15 am

That just means they are going out of business, sell Your stock quick.

by **galvin** » Fri Jul 13, 2012 2:21 am

You do know that federal workers pay in 2009 was set in 2008...right? We set money out the year before... Its how it works.

by **chason62** » Fri Jul 13, 2012 2:23 am

Yeah. I know. All Obama has to do is 'say it' and the media runs with it as though it is the word of God. Obama could say that he, personally, caused the sun to rise this morning and it would make headlines on the Washington Post.

by **salvadore94** » Fri Jul 13, 2012 2:30 am

Yes,,,,just more smoke and mirrors by the most transparent administration ever to grace the US,,,,pft.

by **iomar** » Fri Jul 13, 2012 2:31 am

Show me a country that doesn't subsidise its auto industry.
.

by **dallen47** » Fri Jul 13, 2012 2:33 am

so the gov. is buying American? boo hoo?

you didn't tell me how much of that 79 percent increase in gov. sales made up the 16 percent sales increase in GM though?

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