New post on Scotty Starnes's Blog |  | 
It's not called Government Motors for nothing! From DC: General Motors recorded its best monthly sales numbers since September 2008 last month, largely due to government intervention. While The New York Daily News reports that General Motors' sales are up 16 percent from this time last year, the National Legal and Policy Center pointed out that government purchases of GM automobiles rose 79 percent in June. The Detroit Free Press reports that retail sales of GM vehicles rose less than eight percent, while sales to fleet customers rose 36 percent. Obama continues to reward his union goons with YOUR tax dollars. The auto industry will be a campaign issue in the run up to November, and President Barack Obama spoke in Ohio on Friday, touting the success of a local automaker: "What happened in Toledo can happen in cities like Cleveland, it can happen in Pittsburgh, it can happen in other industries," Obama said. "That's why I'm running for another term as president — because I want to make sure that it does." In 3.5 years Obama has done nothing to help Cleveland, Pittsburgh or any other states. Trust Obama, he will do "better" in the next 4 years (wink). Making sure the government stays involved in the operations of GM could remain a priority in this election year. As Daily Finance pointed out earlier this year, the government still owns a 32 percent stake in GM, and cashing out now would cost the Department of the Treasury billions of dollars. The Inspector General over the auto bailouts estimate the taxpayers will lose about $23.6 billion, something Obama never mentions. | | | |
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