Yikes: Obama Suggests We Bail Out Every Struggling Industry

Townhall.com ^ | August 9, 2012 | Katie Pavlich

[Kaslin]

Bailouts for everyone! That's the latest push coming from President Barack Obama's lips. During a campaign event in Colorado today, Obama touted his "successful" bailout of the auto industry.

 President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.

“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.

[JohnD9207]

Well that should cover all the bases. He is pro gay, pro ugly women, pro commie, pro islamic terrorists, pro Israel, pro war, pro peace, pro stimulus, pro business, pro union, pro illegal immigrants, pro border protection, pro cutting spending, pro shovel ready jobs, pro free healthcare, pro taxes, and now he is going to bail out every business like he saved GM. Think we will ever see that 50B again? Why so many people do not see through this fraud I don’t know. But Mittenss better find his voice soon, or name Christie his running mate so SOMEONE can articulate something. What a joke.

[The Duke]

Yikes: Obama Suggests We Bail Out Every Struggling Industry

It's called "inflation", and it leads towards World War III.

[ChocChipCookie]

Where do I get in line?

[barmag25]

I don’t think Obama and other communists are interested in the struggling companies as much as they are in the successful ones. They want the profits and control over them.

[MrB]

I doubt he means “every” industry...

Just those with lots of union people whose dues go to democRats...

[GlockThe Vote]

Romney makes me sick thinking I have to vote for him to oust choombama

I could run a better campaign from my bedroom than this bs.

[KGeorge]

2 things: all commerce state owned & controlled & Cloward Piven. I guess in that order.

Oh yeah. It won’t be any different if 0 gets reelected, /s

[ThunderSleeps]

Ah, the socialist dream. Raise taxes to pay for all these bailouts to the point where we just turn over all our income to the state, and they "bail out" - ie. control all the means of production. (formerly known as companies)

Didn't a number of communist Countries try this for decades and fail miserably?

[killermosquito]

The bailout and cash for clunkers added to the cost of every car new and used.

[PMAS]

*

[fella]

Hot Dang! Now my chance to get rich off of the taxpayer like a hotshot RAT. I've got an idea for a renewable energy cook stove (5 gallon bucket with lid and some holes and some scrap wood). For around 500 million I could skip the buying of a factory and hiring of workers (except for family of course) and go straight to bankruptcy after making the required 50% campaign donations.

[Tallguy]

“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.

Best things you can do, Mr. President, are to cut corporate taxes and regulations. US business and workers will do the rest. But of course that doesn't square with the "control agenda" of you Fascists.

[Cringing Negativism Network]

32 posts so far, and nobody dares mention that Obama is supporting US jobs.

He’s doing it backwards. And upside down. And he’ll cause more damage this way than with anything else.

But he’s supporting US jobs.

Where are we on this issue? I’m for US jobs.

[nascarnation]

The only US jobs Baraq supports are unionized ones where he can be the beneficiary of their donations.

[<1/1,000,000th%]

He better write my check before the election.

[Psycho_Bunny]

I can’t deal with this idiot anymore. He makes my head hurt.

[Tallguy]

I’m for US jobs too, but simply propping up failing businesses is no solution. We’ve seen Obama startups like Solyandra run through their grants & guaranteed loans only to close the doors and lay everybody off.

The broader economy needs relief from an energy policy that is causing $4 gas. The economy needs relief from onerous regulations from OSHA & EPA. The average American consumer needs tax relief, so that they have disposable income.

[Cringing Negativism Network]

Thanks for responding, but I suggest seriously we take it about 5 steps further than that.

China is protectionist. Seriously so.

There is (zero) reason for China to be protectionist.

As China rises, this will become an increasing problem. Already is in fact.

We need to do something NOW about China’s future. Make a decision as they say.

Either China opens up and joins the world. Or China goes it alone.

One or the other.

We’ve played half-way on China for too long.

Make a decision.

Meanwhile our side, should begin moving factories out of China.

[Texas Songwriter]

Every once in a blue moon he leaves the door cracked open for us to see who he really is. He is a marxist, a statist who has usurped 18% of the economy by taking over health care. He nationalized the banks and GM. Now he unzips his fly and we see him for the desire of national takeover of every damn buisness in the country. If the people of this country can not now see what he is we as a nation will never be able to reconstitute a Constitutional Republic.

Romney ought to be on this like a duck on a Junebug. I have not heard a word from him.

[RedMDer]