Drudge is headlining this in bold red right now with the title “LET’S REPEAT AUTO BAILOUT ‘WITH EVERY INDUSTRY’” and that’s pretty much exactly what Obama said. If you wanna see the video go to Politico.

Here’s the transcript of Obama’s comments:

We’ve got a bunch of examples of the differences, the choice in this election. When the American auto industry was on the brink of collapse, more than 1 million jobs at stake, Governor Romney said, let’s “let Detroit go bankrupt.”

I said I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back and GM is number one again. So now I want to do the same thing with manufacturing jobs not just in the auto industry, but in every industry. I don’t want those jobs taking root in places like China. I want them taking root in places like Pueblo.

Yeah, let’s waste billions more taxpayer dollars bailing out more industries and then allowing them to pay no taxes because they are trying to pay back the “loan”. Yeah that sounds fantastically stupid.

***ALERT*** Mitt Romney. Obama just gave you your next ad.




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89 comments
white531
white531

I'm sorry, but the very word, "bailout," implies a sinking boat. You have to bail out the water, to keep the boat from sinking. I guess if the people who are in the boat, are able to bail out the water themselves and save the situation, that would be a good thing. That represents the idea of someone taking care of themselves, without help from others. Bailing the water out of a sinking boat and then repairing the damage to the boat and putting up sail.

Somehow, I don't think that's the picture Obama had in mind. You see, a sinking boat can be saved and repaired by the people who are actually in the boat. But Obama bin Welfare doesn't want you to think like that. He wants you to think you are helpless against all the forces against you. Never mind that the biggest force against you, is your own Federal Damned Government. That aside, if he can convince you that you are helpless, without the Government, then we will become a Socialist nation. It's easy. You don't have to do anything for this to happen. Actually, if you choose not to do anything, it just makes his job that much easier. With most of brain dead America, that's what he is counting on.

It's just that damned stubborn majority. Did I say, "majority?" I meant to say,"minority." Cause that's the way they think of us. You like that label? You shouldn't, but that's how they think of you. That won't change, until you change. We are actually the majority, you know. We've just been asleep. Well folks, it's time to wake up. The enemy is already storming the gates and there's no one there to defend them. Melodrama is great, isn't it? Here's a wake up call for you. It ain't worth squat. I just gave you a little bit of Hollywood to draw you in to how they trick you into believing that the future they have planned for us is the right future.

I'm sixty-eight years old now. I can't reach young people anymore., because they don't trust anyone over thirty. I know, because when I was their age, I didn't either. It's a national sickness. Wisdom doesn't come from age. Wisdom doesn't even come from life experience. Wisdom only comes from YouTube.

I actually appreciate all the people who have lived life and know what a nightmare this President really is. I feel a kinship to them. Because, if this Madman is re-elected for another four year term, we will all get to witness the end of the United States of America, together.

Kim
Kim

You call it a bail out. Why not call it what it is, nationalization.

Socialist utipians like you still don't get it. It doesn't work. Don't you read your history? Look at all the ocuntries that tried it and are in trouble. I guess you're not as smart as the rest of the liberals would like us to believe you are.

kong1967
kong1967

Yes, we know, which is why you will not have a job next year, Obama.

bobemakk
bobemakk

Sure, on our dime! Just like GM still owes US over $80 billion and Obama allows them to build a plant in communist China....before GM pays back what they owe the taxpayers. Obama must go. His stimulus packages are making our deficit grow and grow. I still cannot understand how anyone with brains supports this lying phony.

MiketheMarine
MiketheMarine

Wouldn't it just be cheaper to write a check for $250,000 to every tax payer in the country? That would stimulate the economy like crazy.

cheyennecowboy
cheyennecowboy

OMG, American Industry is really in trouble! Just look at what happened last time. Incalculable damage to industry, people's lives, our country....not to mention the National Debt. Let's hope and pray that the "dip stick" doesn't do any more bail-outs to help us out cause, dat ain't his real motive here.

WordsFailMe
WordsFailMe

I guess its still too early to petition for an exhumation of the president's remains to conduct DNA testing...

LIBERTYUSA
LIBERTYUSA

... pretty soon he will be declaring himself El President for life !"

Rob Laratta
Rob Laratta

Its called Venture capitalism Mr. President.

What you did is only slightly different than what Bain Capital does.

You just stole from bondholders relieving all debt and gave it to the unions. You laid off people, injected money, restructured, and it is far from thriving being at only 60% of your "break even" stock price. And lets not get into GMAC. Bankruptcy and venture capital would have come along and the company would be striving with 0 tax payer dollars.

mediaaccess1
mediaaccess1

Damn, RS. You're killing me with this news.

mrterry50
mrterry50

Let's not forget the Soviet Union. The state owned everything and as a result they were all poor, standing in bread lines living in crumbling buildings with no worker motivation. Is this what Americans really want? This guy is so obvious its astounding.

Terrenceor
Terrenceor

And yet our illustrious "conservative" punditry will deride those who see Obama for what he is, a Corrupt Chicago Marxist. Obama will thank them for being so reasonable and open-minded and push farther with his Socialist agenda.

BS61
BS61

Sure you do, just like Chavez!

Maxsteele
Maxsteele

Yes, of course he does. He wants to nationalize all industry so the USA becomes United Socialist America.

Who is John Galt? Indeed.

Bombs And Dollars
Bombs And Dollars

Typical Obama racism. He said, "I don't want to see jobs taking root in China." He doesn't want people of other ethnicities in developing countries to have opportunity.

GibsonLP
GibsonLP

No, here is Mitt Romney's next ad:

Mitt Romney bought a business then had to close a plant to make it profitable. That makes him a heartless, job-killer.

Obama bailed out GM and allowed them to close down Pontiac, Buick, Saturn and Hummer and by extension, closing down hundreds of tier one suppliers. He's a hero.

How exactly does that work again?

Sober_Thinking
Sober_Thinking

Coming late to this party... but man, this arrogant clown is delusional.

hbnolikeee
hbnolikeee

Shouldn't the heading be: "I want to buy your votes. Get it?"

So if we have enough WHORES, we're doomed.

stage9
stage9

The Obama crime syndicate must be stopped.

I can't STAND Obamney, but I may just have to vote for him to see this fascist crime lord ousted.

hbnolikeee
hbnolikeee

Stick with your initial thought. Duh Bumbler is the worst.

odin147
odin147

I want to thank the one for making me realize how great conservatism is.

MaxineCA
MaxineCA

Someone please someone call an ambulance - My head is about to explode! But, why should we be surprised when you go back to the 2008 campaign, and the speeches he gave soon after getting into office. Here's just a few examples of his promises:

He would fundamentally transform the country - we've been watching it happen.

Electricity costs would necessarily sky rocket - cut off oil drilling and shutting down coal

Redistribution of wealth - increase welfare roles and raise taxes on the rich

He would stand with the unions - loaded the NLRB with union attorneys

He would stand by "his people" - just look at the DOJ

He would stand with the muslims - geez, where do I begin on that one.....

If he couldn't get his way with congress, he would go it alone - issued unconstitutional EO's

(and the list goes on and on)

David Limbaugh nailed it when he wrote his last book "The Great Destroyer", Barack Obama's war on the republic.

I don't even want to think what he has planned if he gets a second term, it's just way to frightening.

Laurel
Laurel

Prayer always helps.

johnos2112
johnos2112

He gets re elected then it will be a call to arms for the republic.

steprock
steprock

And....

"We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MaxineCA
MaxineCA

When I heard that, I said what, what, what the heck is he talking about? (along with another few choice words which I can't put here)

AmericanborninCanada
AmericanborninCanada

Dear Comrades, we do not have much time. we need to take over private industry now.

WordsFailMe
WordsFailMe

It's like he's playing his best communist cards now. Saul Alinsky must be gouging his eyes out everyday. only to have them grow back each night, in Hell over the pathetic failure of his only begotten bastard.

These stupid statements and elementary school ads are such monumental flops. I can't wait to see the red banner of racism to be hoisted again soon.

They really have no other way to distract from the moronic nature of the biege boy-king. There simply are not that many ideas left in the little red and blue books. He's got to get the cities burning soon or some blacks massacred by whites or the mobs will lose interest. It's just a matter of time now.

This current fad among the liberal leadership--digging up dead wives and parading the the rotten corpses of dead mothers to convince other liberals of how disgusting the conservatives are is leaving a bad taste in everyone's mouth. Ptooey.

AmericanborninCanada
AmericanborninCanada

I have a feeling the race banner will be raised high words- along with martial law once the race riots break out. They're gonna throw everything they can at this nation between now and November. And if those "crisis'' fail- I shudder the thought.

MrMicawber
MrMicawber

Mitt, will you please start making use of this stuff?

marketcomp
marketcomp

This little comment will be enough to keep manufacturing at bay and further emphasize to the American people that we MUST get rid of this Marxist. I mean this is the kind of stuff that Hugo Chavez would say!

Philo Beddoe
Philo Beddoe

All I can say is ( I'd be booted if I said what I wanted to)

sDee
sDee

It's the thought that counts :)

p m
p m

Also, ties in nicely with the Michelle Malkin videos right here at RS.

So that's 2 fronts for attack on the auto bailout alone.

p m
p m

OK Romney - do as RS says and use this to boot this usurper out.

Nationalization? - never gonna happen, you SOB.

Michael Hills
Michael Hills

My hair just started on fire! Hey, bail out Barry, I own a business, just throw a couple of "Solyndra" millions my way and I can be one of your success stories. What a putz.

Conservative_Hippie
Conservative_Hippie

If Obama has his way he will bring America to bankruptcy and the next day issue martial law and raise taxes on the rich to 75%, just like our Socialist friends in France. Don't ever let anybody tell you that Obama is not a socialist, he's the worst kind a socialist - a godless socialist, which I guess means he's a marxist.

911Infidel
911Infidel

What the Osama Slayer meant to say is that he wants to reward his friends (the unions) and punish his enemies (non-union shops) by giving them taxpayer monies and using that loan as an excuse for a government takeover of industry.

Joe
Joe

EACH CHEVY VOLT SOLD COSTS TAXPAYERS $250,000!!!!

http://gillreport.com/2011/12/report-each-chevy-volt-sold-costs-taxpayers-250000/

This makes no freakin' sense!

keninil
keninil

I find the Chevy Volt story amazing vis-a-vi the Chevy EV1. Listening to the documentary "Who killed the Electric Car" on the distribution and collection and shredding of all the EV1s, it makes you wonder what the f is up?? The folks who made the video were obviously EV1 fanatics, but

why was distribution limited? (You had to submit a resume to lease the car!)

Why were they only leased?

Why did they collect them all and shred them? (and not let lessees buy them for whatever.)

Why is the Volt such a piece of crap?

None of the questions is answered by the video