Armageddon Watch: Obama: We'll get back money from auto bailout
Jul 30, 07:54 AM CST
Republicans have a history of making overheated claims of doomsday whenever a Democratic President has a major legislative victory. There’s certainly been a lot of exaggerated statements about the future of our country made in the media since Barack Obama was sworn in as our 44th President of the United States. On March 20, 2010, Republican House Minority Leader John Boehner called the health care bill, “Armageddon,” and said it will “ruin our country.”
So John Boehner is being taken at his word, thus continuing saga of Armageddon Watch.
From AP:
WASHINGTON — President Barack Obama said the government will recover all the taxpayer money his administration provided to bail out the auto industry last year.
In an interview aired Thursday on the ABC daytime talk show “The View,” Obama said the auto industry “tells a good story” of his administration’s efforts to rescue the economy. He planned to highlight that story with stops at three auto plants over the next several days, including stops at General Motors and Chrysler plants in Detroit on Friday.
“You now have all those U.S. auto companies showing a profit. They’ve rehired 55,000 workers. We are going to get all the money back that we invested in those car companies,” Obama said in the interview.
Read the full article:
AP: Obama: We’ll get back money from auto bailout
– by Missy Wigley | Send this to a friend
