Oct 312012
 

Obama’s socialism is redistributing Americans’ wealth. He has mastered the “art” of government extortion

Obama’s Auto redistribution of wealth picked the union winners and the non union losers.

Obama touts that he saved General Motors; which is not the truth. Throwing money at a car company and redistributing the wealth is not the same as leaving a private business healthy.  What Obama won’t say is that oodles of auto dealers were forced out of business and scores of auto employees lost their jobs and pensions. Now, Obama is asking for everyone’s’ vote; and, in the process, distorting what the Republican candidate for president, Mitt Romney, recommended for the ailing auto industry.

ROMNEY DESTROYS OBAMA’S AUTO BAILOUT ARGUMENT: ‘YOU ACTUALLY TOOK GM, CHRYSLER BANKRUPT’ – breitbart.com/Big-Government/2012/10/17/

Excerpt:

>>>>>> …….Romney destroyed Obama’s argument, forcing Obama to admit his role in the industry’s bankruptcy.

In response to a question about jobs–from a college student highly unlikely ever to work in an car factory–Obama unloaded his familiar talking points on the auto bailout:

You know, when Governor Romney said we should let Detroit go bankrupt, I said, we’re going to bet on American workers and the American auto industry, and it’s come surging back. I want to do that in industries, not just in Detroit but all across the country.

Romney’s response:

My plan was to have the company go through bankruptcy like 7-Eleven did and Macy’s and Continental Airlines and come out stronger. And I know he keeps saying, you wanted to take Detroit bankrupt. Well, the president took Detroit bankrupt. You took General Motors bankrupt. You took Chrysler bankrupt. So when you say that I wanted to take the auto industry bankrupt, you actually did……. <<<<<<<<< - breitbart.com/Big-Government/2012/10/17/

Moralmatters.org further comments:

Obama wants to take the credit for bailing out General Motors but he doesn’t accept the responsibility and accountability for all those who lost big time money pensions and their employment:

Delphi video: General Motors ‘may be alive,’ but Obama’s promise of ‘hope is dying in Ohio’ – dailycaller.com/2012/10/26/

Internal emails: Treasury officials held 2009 backroom bailout meeting on Delphi pension plans – dailycaller.com/2012/10/28/

Excerpt:

>>>>>>> Internal Treasury Department emails obtained by The Daily Caller show that in June 2009 a high-ranking Treasury official planned a backroom meeting to discuss the pension plans for 20,000 nonunion Delphi salaried retirees.

Those retirees lost between 30 and 70 percent of their pensions, as well as their healthcare, life insurance and other benefits. Unionized employees working alongside them, however, saw their pensions and benefits made whole. ……. <<<<<<<<<<  - dailycaller.com/2012/10/28/

Related:

Who Will Do More? President Obama took Chrysler and GM into bankruptcy and even sold Chrysler to the Italians. Who will do more for the auto industry? The clear answer is Mitt Romney – youtube.com/

Obama’s greed is fueled by envy and covetousness

Also:

Marxist Extortion Thief Obama – moralmatters.org/2012/09/20/

Excerpt:

>>>>>> ……. Obama also has been known to molest Christian Scripture, misinterpreting what Christ stated about being our brother’s keeper. Obama believes government is to be the “corporate brother’s keeper.” This is his solution to people’s social problems.

Contrary to Obama, Christ, clearly makes it plain, in His parable of the stewardship of the talents that a man is to be personally responsible for what he possesses and what he has been entrusted [with]. [Matthew 25:14-30] No where does Christ ever hint that a person’s wealth should be micro managed by government and re-distributed…… <<<<<<<< - moralmatters.org/2012/09/20/

Also related:

Political Extortion – thechristianmessage.org/2011/09/

Obama’s favorite fairy tale – moralmatters.org/2012/10/03/

 

 

Posted by:  Pastor emeritus Nathan M. Bickel

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Note:  Above picture (s) found on the web