Detroit Free Press columnist: GOP official off base with GM remarks

[LuckyTheDog]

As if we needed more proof that America's politics are poisoned beyond belief, now we have Michael Steele, chairman of the Republican National Committee, pouncing gleefully upon news of General Motors Co.'s $1.2-billion third-quarter loss, in a harebrained attempt to score political points.

GM's loss was "further proof that President Obama's economic experiments are wrong for America," he said.

"Sadly," he added, "GM has not only failed to turn a profit since the president poured 50 billion of the taxpayers' dollars into GM's bankruptcy restructuring, but it has actually lost $1.2 billion."

More here: http://www.freep.com/article/20091117/COL06/911170368/1322/GOP-official-off-base-with-GM-remarks

[blue_onyx]

1. Steele is making himself look foolish

It's absurd to expect that GM would be making a profit during the same quarter that the company entered bankruptcy.

[NNN0LHI]

2. How long until some asshole posts a link to "Who killed the electric car?"

And leaves out the links of how Toyota and Honda killed their versions of electric cars at the same time?

3 ... 2 ... 1

Don

[blue_onyx]

3. Actually...

the thread will probably just be ignored by most posters. Too many people probably want to say the same thing but don't want to be seen agreeing with Steele.

[Winterblues]

5. Only the ignorant that know zero about business.

IMO....:shrug:

[Festivito]

4. Not the housing bubble GMAC took on that Ford did not!!!11!!

So, says sappy Steele, see! ***Keep your eyes on the pendulum*** ***You will believe what I tell you***

Yeah, like anyone with more than a Republican reptilian brain stem is going to believe him -- sarcasm.