Friday, August 10, 2012

Obama Wants to Repeat The Auto Industry Bailout 'Success' With Every Industry

"And thus he announces his intent is in fact to create a corporatist/socialist partnership with every large employer in the US.

“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
“I don’t want those jobs taking root in places like China, I want those jobs taking root in places like Pueblo,” Obama told a crowd gathered for a campaign rally at the Palace of Agriculture at the Colorado State Fairgrounds here.

Politico has now "fixed" the story, because they claim they were "unclear" about Obama's intent, about his main thrust. Although they don't say so, they're attempting to now say Obama did not mean he wants to heavily invest government money in every industry -- even though his actual examples are about precisely that (subsidies for the wind farm industry, for example).

Video embedded below.

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