Friday, June 19, 2009

Who will invest in America's future with Obama's bad behavior??

Given Obama's bad behavior during the Chrysler and GM bailout, who is going to invest in these companies (or similar ones) in the future??

BAILOUT FALLOUT - HOW O'S GM DEAL HURTS NYC

By NICOLE GELINAS

Last updated: 1:49 am
June 19, 2009
Posted: 1:35 am
June 19, 2009

THE next time he sees President Obama, Mayor Bloomberg should lay out how the White House's auto-industry bailouts have hit hard at US financial markets -- and so hurt New York's future.

To please the United Auto Workers union, the president hacked away at a key cornerstone of markets: respect for centuries' worth of precedent in bankruptcy law.

No comments:

Post a Comment