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Saturday, March 03, 2012

Romney and Santorum Both Opposed GM Bailout

News flash: not only has General Motors regained its position as the world's number one auto maker--ahead of #2 Volkswagen, #3 Renault-Nissan and #4 Toyota--but it just announced its biggest profit in history: in 2011 GM made a profit of a colossal $7.6 billion!
Not only that, according to GM's profit-sharing plan, each of GM's 47,000 blue-collar employees in the U.S. will receive a bonus of $7,000.00 next month. The checks are based on the company’s North American performance and are a record for the company.  And that's money that will be re-injected into the American economy.
Yet Republicans Mitt Romney and Rick Santorum both opposed the GM bailout!  [Romney even published an op-ed in the New York Times on November 19, 2008, entitled "Let Detroit Go Bankrupt!]
If I were Romney or Santorum, I wouldn't even set foot in Michigan!
I can assure you of one thing: when Michiganders go to the polls on November 6, they will remember who supported their state and who didn't, and they will vote massively for President Obama, whoever his opponent may be.  Because it was President Obama who saved GM and--indirectly--saved the Michigan economy--not Mitt Romney or Rick Santorum!
Jagor

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