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Obama’s Master Plan: Bailout Everyone

from Zero Hedge:

A 40% loss of post-IPO market-cap, channel-stuffing largesse, contract-law destruction, and all with tax-payer backing. That is what the Bailout’er-in-chief has in mind for every manufacturing company in the US. As Politico reports this evening, President Obama gave a speech we think rivals his ‘you didn’t build it’ miasma as he alienated foreigners, encouraged socialized losses, and suggests bailouts for any and all. “I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” (cough – down 43% – cough) he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.”

2 comments to Obama’s Master Plan: Bailout Everyone

  • GoodOleBoy

    It still amazes me the ignorance of the people that come to his rallies. He just openly stated that he wants fascism. And the crowd cheers. I also dont understand how he can stand there and talk about all the things he wants to do, yet he has plenty of time to do them and hasnt. All of his followers I would say are equivalent to a cult, all of them ready to drink from the punch bowl. I mean, he has held over 100 fundraisers and met with the jobs team once. Come on people. If he ever comes around here, Im gonna go to the rallies and boo every time he says something like this. If we could get a group of people to go around and do this every time, it would ruin any of the soundbites and one liners they try and put in the media. Might get a couple black eyes but it would be worth it.

  • Ed_B

    This is not about ignorance, IMO. It is about Takers vs. Makers. It is not at all difficult to tell which side of this battle Team Obama is on. This is a war for the soul of America and we all need to understand that and therefore what is at stake. About every 3rd sentence in these Obama rally speeches is about something else that the government does not own and did not create but which they are willing to use force take from those who owned or created it so they can give it to those who did not. Clearly, the cheering masses at these rallies have both hands out to grab that which is not theirs but to which the leftist US government has trained them to think that they are entitled. Note that this is ALWAYS a 1-way street in that NOBODY is EVER entitled to any part of what they have. This is like the old saying, “What’s mine is mine and what’s yours is negotiable”.

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