Obama barks that he prevented pain by seizing GM on behalf of the UAW. Tell it to this guy:
Under conventional bankruptcy, union fat would have been cut, but GM would have reemerged healthy and strong. Instead, the pain will be felt indefinitely by anyone who doesn’t have a seat at the Big Government table as GM is artificially sustained as necessary by the federal teat. But if it works for his union cronies, it works for Comrade Obama.
Compliments of Aaron S.