Obama Warned Us – Saving the Auto Industry

As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices. But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win. Millions of jobs depend on it. Scores of communities depend on it. And I believe the nation that invented the automobile cannot walk away from it.

BARACK OBAMA, Address to Joint Session of Congress, Feb. 24, 2009

“Turns out that nation was Germany, so bankruptcy ahoy!”

3 Comments

  1. From the late 70’s I had always driven GM and Ford, with a smattering of Mopar. My last vehicle is American made: Its a KIA.

    I will never again buy a government motors vehicle, nor a union pile of crap ford. In fact, as much as europe should be buried under a volcano, I will probably buy a German car. Just don’t tell the relatives with the tattoos.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.