Under What Authority Can the President Extend This Promise?
President Obama's remarks on U.S. car industry:
...GOVERNMENT WARRANTY
It is my hope that the steps I am announcing today will go a long way towards answering many of the questions people may have about the future of GM and Chrysler. But just in case there are still nagging doubts, let me say it as plainly as I can -- if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. Your warrantee will be safe.
In fact, it will be safer than it's ever been. Because starting today, the United States government will stand behind your warrantee...
Posted by Porkopolis at 3/30/2009 12:59:00 PM
Permalink
1 Comments:
What buyer in her/his right mind would buy an automobile that this guy guaranteed to work? What investor that values her/his own money would buy a dime's worth of stock in a company run by Team Obama?
GM is dead folks.. Killed not by government inaction, but by government action.
Post a Comment
<< Home