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From Barack Obama campaign: Good news about Chrysler.

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muntrv Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:02 PM
Original message
From Barack Obama campaign: Good news about Chrysler.

Friend --

Good news deserves to be passed along. In case you hadn't already heard, Chrysler announced today that it has repaid nearly $5.9 billion lent to it by this administration, including fees and interest payments -- six years ahead of schedule.

We also know that the auto industry has added 115,000 jobs since GM and Chrysler came out of bankruptcy -- the fastest rate since the 1990s.

Read the Detroit Free Press report here, and pass it on:

http://my.barackobama.com/Chrysler-News

We know there are more difficult days ahead as these companies, and the communities that are sustained by them, continue to recover. But today's news is another sign that President Obama's tough decision to provide these loans -- so unpopular in Washington at the time -- is paying off for taxpayers and for our local economy, earlier than expected.

These loans didn't just prevent the loss of thousands of jobs in a sector that forms the backbone of many states' economies -- they also prevented a ripple effect that would have spread throughout our nation's economy.

Please forward this email to anyone you know whose lives are affected by the recovery of the auto industry.

Thanks,

Jeremy

Jeremy Bird
National Field Director
Obama for America









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Drale Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:03 PM
Response to Original message
1. I wonder how Faux will try to spin this in a negative way. nt
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:06 PM
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2. I'll believe it when it's been independently verified. The White House has a
murky history of such statements, at best. They said the same about the bailout of banks, but ProPublica researched and found it to be a complete myth.
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MrScorpio Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:09 PM
Response to Original message
3. So much for "Obama's owning the car corporations" bullshit
To start out with, those were fucking LOANS!

Loans that are being REPAID.

Fucking right wingers wouldn't know the difference between their own asses and a hole in the ground, even if you drew them a picture of their own asses and a hole in the ground.
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Ineeda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:30 PM
Response to Reply #3
4. k&r
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