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August 10, 2012

Re: 'Obama Threatens to Do to Entire Economy What He Did to GM and Chrysler'

Topics: Political News and commentaries

Over at Moonbattery, Deve Blount manages to perfectly put Politico's report about Barack Obama bragging about the success of his decision to provide government assistance to the auto industry and saying that he now wants do the same with every manufacturing industry -- into it's proper perspective and intent:

There is no chance of Obama learning from his mistakes because from his malevolent point of view, they are not mistakes, no matter how much damage they inflict on the American economy. The obscene auto bailout is a case in point. ...

A disaster, right? But not if your objectives are to funnel taxpayer money into the pockets of union cronies and to move America closer to socialism ...

Imagine an entire economy run by fascistic micromanaging bureaucrats for the benefit of greedy union thugs and kept afloat with government subsidies largely financed by borrowing. That's the broken, dysfunctional future we are shuffling "forward" to. ...

Ace reports:
Politico has now "fixed" the story, because they claim they were "unclear" about Obama's intent, about his main thrust. Although they don't say so, they're attempting to now say Obama did not mean he wants to heavily invest government money in every industry -- even though his actual examples are about precisely that (subsidies for the wind farm industry, for example).

Another case where the Obama Palace Guard actually has a scoop but refuses to report it, or at least report it as such -- thus Drudge sweeps in and gets it right.

And Drudge does get it right, despite Politico's attempt to cover up yet another "I didn't say that" moment by Obama.

Posted by Hyscience at August 10, 2012 11:50 AM



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