Free Republic

Nancy Pelosi said it looks as if Trump just wants to abolish Congress and that a border wall is immoral. Elizabeth Warren says the Republican Party is corrupt and caters to the rich and powerful .... Here is just a small sample of what Pelosi, Warren, Obama, the Clintons, and other Democrats have done over the years where the media and other Democrats not only didn't care, but supported the moves wholeheartedly. Obama, the authoritarian, couldn't get DACA through Congress, so he dictatorially and unconstitutionally implemented it. Pelosi didn't care about Obama usurping congressional authority. ... The immoral and corrupt...

Alternate headline: Even Late Night Comedy Shows Must Interview Obama Off the Record. Noel Sheppard picks up David Letterman’s belated realization that Barack Obama — one of his favorite guests — has misrepresented Mitt Romney’s position on GM and the auto bailout for months. Letterman tells MSNBCs Rachel Maddow that he finds it disappointing when a challenger proves to be more honest than an incumbent President: DAVID LETTERMAN, HOST: Here’s what upset me last night, this playing fast and loose with facts. And the President Obama cites the op-ed piece that Romney wrote about Detroit, “Let them go bankrupt, let...

President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market. Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion...

Detroit — They’re b-a-a-a-a-ck. Actually, they never left. And that’s the problem. It’s fitting that — one year to the month since GM declared bankruptcy — the annual United Auto Worker’s convention is being held here amid renewed, militant calls that the Detroit Three give back last year’s labor concessions. In retrospect, the White House–engineered bankruptcy looks like a brilliant move, artfully dodging a prolonged bankruptcy of a major American industry in the middle of a national economic free-fall. But it is also apparent that the “UAW bailout” — engineered by a union-beholden Democratic president — did not address Detroit’s...

DETROIT — General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments, a sign that a plan to rebuild the company is working. GM got a total of $52 billion from the U.S. government and $9.5 billion from the Canadian and Ontario governments as it went through bankruptcy protection last year. The U.S. considered as a loan $6.7 billion of the aid, while the Canadian governments held $1.4 billion in loans. The loan payback to the U.S. government comes five years ahead of schedule, and Whitacre...

The Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by a June 1 deadline, despite G.M.’s public contention that it could still reorganize outside court, people with knowledge of the plans said during the weekend. Members of President Obama’s automotive task force spent last week in meetings and on conference calls with G.M. officials and its advisers in Detroit and Washington. Those talks are expected to continue this week. The goal is to prepare for a fast “surgical” bankruptcy, the people who had been briefed on the plans said. G.M., which has been granted...