« State of the Union 2012: What is Tax Fairness? | Main | Obama Can Dish It Out But He Can't Take It »
January 26, 2012
Obama was for Subsidies to Corporations Before He was Against Them
Jonah Goldberg at National Review points out an obvious contradiction in Obama's State of the Union speech:
This is from the same speech:On the day I took office, our auto industry was on the verge of collapse. Some even said we should let it die. With a million jobs at stake, I refused to let that happen. In exchange for help, we demanded responsibility. We got workers and automakers to settle their differences. We got the industry to retool and restructure. Today, General Motors is back on top as the world's number one automaker. Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and factories. And together, the entire industry added nearly 160,000 jobs.We bet on American workers. We bet on American ingenuity. And tonight, the American auto industry is back.
And:
It's time to apply the same rules from top to bottom: No bailouts, no handouts, and no copouts. An America built to last insists on responsibility from everybody.
For all his fancy talk in the first paragraph, Obama is admitting to giving big business a bug fat bailout. And we know why he did it; all those Democrat voting UAW members. Got to keep the unions happy.
Posted by Tom at January 26, 2012 7:22 AM
Trackback Pings
TrackBack URL for this entry:
http://www.theredhunter.com/mt/refer.cgi/1777
