Biden: We saved Detroit

Comment #7

rdgrnr — Sun, 09 Sep 2012 02:36:53 GMT

I hear you can get a house for $500. Thanks for savin' Detroit, Dopey Joe! It's a perfect example of what Democrat rule for decades does to a city. I think you may have to go save Chicago next, Dopey Joe. Democrats been runnin' that hell-hole a long time now too.

Comment #6

Coin Toss — Sun, 09 Sep 2012 01:53:46 GMT

79% of GMâ€™s sales last month were government purchases July 12th, 2012 Remember how Obama keeps telling us how he saved GM, and how our economy is getting better, it seems the car company he bought is being saved by Govt employees using our tax money to buy new cars.79% of GMâ€™s sales last month were government purchases. GMâ€™s sales figures for last month were the best since 2008 , up 16% for the month of June. YIPPEE! Well, wait just a minute. It seems that those... [ More ]

Comment #5

GASMETERGUY — Sat, 08 Sep 2012 14:47:44 GMT

And even when the true facts emerge, people still believe Obama/Biden saved Detroit. Go figure.

Comment #4

tiparker119 — Sat, 08 Sep 2012 12:54:42 GMT

The American people need to be saved from the "BFD" Biden....what a disgrace to have someone like Biden in the VP position...!!!

Comment #3

Piaceri — Sat, 08 Sep 2012 02:03:37 GMT

Pure Michigan! http://www.youtube.com/watch?v=VHIM_QcJLHo

Comment #2

MADDOG10 — Sat, 08 Sep 2012 00:48:43 GMT

Saved Detroit..., Joe is old lame ducks adviser and two others here...!

Comment #1

sully16 — Sat, 08 Sep 2012 00:21:30 GMT

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA...ROTFLMAO, JOE YOUR A HOOT, SAVED Detroit did you, HAHAHAHAHAHAHA

Original Blog Entry: Biden: We saved Detroit

Coin Toss — Fri, 07 Sep 2012 19:15:48 GMT

He is delusional. Here's the rest of the story:

Columnist Michelle Malkin points out, GM still owes nearly $30 billion of the $50 billion it received, and its lending arm still owes nearly $15 billion of the more than $17 billion it received. According to National Legal and Policy Center's Mark Modica, that doesn't include foreign investment: In addition to U.S. taxpayers anteing up, Canada put in over $10 billion, and GM was relieved of about $28 billion of bondholder obligations while UAW claims were protected. That's an improvement of almost $90 billion to the balance sheet, and the company still lags the competition. In fact, GM could file for bankruptcy again.

Just how bad are sales? National Review's Kevin D. Williamson sums it up: It is true that sales have improved at U.S. makers -- but those increases have far lagged the increases seen by overseas competitors such as Volkswagen and Kia. GM's August sales are up about 10 percent over last year; Kia's are up 21 percent. Volkswagen is up 37 percent. Hell, Porsche is up 40 percent. ... The Democrats are not exactly telling the truth, the whole truth, and nothing but when it comes to the auto bailout. Some recovery!

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