The Washington Post has Obama defending government ownership of car companies and attacking those who don't believe in socialism:
I don't think they'd be willing to look you in the eye and say that you were a bad investment. They might just come around if they were standing here and admit that by standing by a great American industry, and the good people who work for it, that we did the right thing. It's hard for them to say that. They don't like admitting when I do the right thing.Consumers didn't like GM and Chrysler cars but Barack Obama thinks the unfit deserves to survive by government ownership. What GM couldn't achieve in car sales they got with there the ability to plunder the taxpayers. How many more companies in the S&P 500 does Obama want the government to own? John Dingell's wife might be the most important political whore in American history.
