Remember when Obama said he didn’t want to run a car company?
Yeah, we knew that the Big Government Leftist was lying, as usual. And as with his other promises, this one also had an expiration date. From Bloomberg:
President Barack Obama “strongly opposes” an effort in Congress to require General Motors Corp. and Chrysler LLC to restore relationships shed during bankruptcy proceedings, while stopping short of a veto threat.
The administration said today in a statement that “the decision by Chrysler and GM to rationalize their dealer networks was a critical part of their overall restructuring to achieve long-term viability in order to save jobs in the long run.”
The statement also said it would set a “dangerous precedent” to “intervene into a closed judicial bankruptcy proceeding on behalf of one particular group at this point.” (You mean kinda like he did on behalf of the unions that bankrupted the companies in the first place? – Ed.)
But hey, where would you get the crazy idea that he wants to nationalize industry and destroy the private sector a la Hugo Chavez?
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