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Subscribe to RSS“Republican Gov. Scott Walker's recall victory in Wisconsin sets the stage for what's now expected to be a hard-fought presidential battle for this Midwestern state,” the AP writes. “The Republican's solid victory served as a warning for President Barack Obama about the potential hurdles he faces as he fights to hang onto a traditionally Democratic battleground he won comfortably in 2008. And, at least for now, it gave presumptive Republican challenger Mitt Romney a reason to feel optimistic about his chances of winning a state that has voted for the Democratic nominee in the past six elections.”
More: “Obama's team, which has been on the ground organizing but hasn't spent money on advertising for months, signaled this week that it believed the state had grown more competitive. In May, campaign manager Jim Messina had said Wisconsin was trending toward the president. By Monday, he was listing Wisconsin as ‘undecided.’”
“Mitt Romney said in a newspaper interview that he believes President Obama is holding onto the government's stake in General Motors to "avoid an embarrassing financial loss" before Election Day,” USA Today writes. “In an interview with The Detroit News, the presumptive GOP presidential nominee vowed to quickly sever ties between the U.S. government and GM, which was bailed out with about $50 billion in taxpayer funding. ‘The president is delaying the sale of the shares to try and avoid the story that the taxpayer took another loss. I would get the company independent from the government and run for the interests of the consumer and the enterprise and its workers -- not for the political considerations of government officials,’ Romney said.”
But: “He told The News that Democrats are "distorting" his stance on the auto bailout, which also provided assistance to Chrysler. ‘If they needed help coming out of bankruptcy and government support, that was fine, but I was not in favor of the government writing billions of dollars in checks prior to them going into bankruptcy,’ Romney said in the interview.”
Was Mitt Romney’s email hacked?
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Hey so when is GM going to pay us back?
And what is it doing about its terrible stock price?
If only it could actually make a car as good as an Accord or Sonata
GM and Chrysler could not have survived long enough to undergo a private bankruptcy without the federal rescue loans. The President stood up for the Auto Industry and saved 1.5 million jobs, as well as related industries. If Auto had gone down, it would have damaged this country immeasurably.
Now that the auto industry is roaring back and creating jobs, Mitt Romney is trying rewrite history and his nose is getting longer EVERY day. His advice was to "Let the auto industry die". See, we remember.
Romney told Detroit News he'd look for a "better way of encouraging fuel economy". Pretty secret, huh?
Because of President Obama, we are set to have 55miles per gallon on our vehicles within a matter of years, saving us at the pump and reducing our dependence on foreign oil, and increasing our national security.
Romney is telling more and more lies on the stump. Besides telling lies for political gain, he is also a compulsive liar.
I reality, Obama does not want GM to pay back the money...at least not yet. He doesn't want the American public to know how much money we actually loss in this endeavour.
Completely hokey. GM is number #1 in the world.
That good enough for you? Instead of being down the toilet.
Mitt Romney prescribed letting the Auto industry die.
And everyone knows it takes time to pay debts back. Even yourself.
The market is down, making it a good time to buy, but a bad time to sell shares.
The bottom line is that Mitts the Barber and his Bain Capital elected to stand aside and watch the American auto industry vaporize yet he is critical of the bold government action that pulled it back from the bring.
I simply don't understand why he keeps this topic in play. He can't rewrite history so he would be better off to ignore it and hope it goes away.
Wow, just like the rest of the GOP, Romney is simply part of the Fifth Column. How dare he talk down the prospects of GM and the stock market. After all the business of America is business, and the economy of America is fundamentally sound. Seems to me if I were a pension plan or individual investor in GM stock, I would be quite upset.
Thats Romney the Venture Capitalist talking.....He'd rather pounce on them Break them up and add to his $250 plus millions of dollars in wealth.
Who cares about the lives that would be destroyed or how it would severly cripple our manufacturing base here in America.
"Clearance Auto" says that in states where it is permitted, will raise your rates based on your credit score. So if your credit situation has changed for the better by an appreciable amount, it is to your advantage to go shop around.
Romney is NOTHING more then a VERY RICH OLD WHITE American who is bored with his life and is looking for a new challenge ! He is THE RICHEST most lying, cheating, hypocritical, war-mongering, tax dodging, *etch-a-sketch, wimpiest, puppet-to-the-.1%'rs in the HISTORY of this Country ! And those are some of NICEST things I've seen posted about him.