Obama raped tens of thousands of auto workers during the idiocy of his GM bankruptcy. A few of the 20,000 Delhi non-union workers helped make this video complaint.

Dephi was a non-union auto parts supplier to GM.  It employed 20,000 folks.   Obama ordered their pension plans gutted as he prospered the legacy plans of GM's auto union.  They register their complaints in this video. 

Understand that Obama did not stop here.  In order to fully please his union surrogates,  he destructed the pension plans of teacher and police unions, folks who had been saving for years, investing as primary share bond holders in GM.  By the time Obama finished tearing down established contract law as relates to primary bond holders,  these investors/retirees had lost 60 cents on every dollar of their investment.  Their legally protected retirement plans were gutted without a word from the major media,  Fox News included.  

Here is why conservatives say GM is not the success story Obama wants you to believe it to be

<<<< Beautiful car.  A sham of an auto company and Chrysler is now owned 100% by Fiat at a loss of $2 billion to taxpayers.    

From the truly Marist European rag, The Guardian,  we have this ridiculous report on the success of GM:  

GM's fortunes have recovered dramatically since its emergence from bankruptcy in 2009. The firm said it sold 2.39m cars during the quarter, compared with 2.32m a year ago. GM had $32.6bn in cash reserves and other liquid assets at the end of the quarter.   Its government-backed bailout has become a political hot topic.   Mitt Romney has been a persistent critic of the bailout and is running ads that highlight the plight of auto dealerships closed as a condition of the government-managed bankruptcies.    In turn, president Barack Obama has consistently championed the bailouts for saving over a million US jobs and criticised Romney for his 2008 New York Times editorial entitled "Let Detroit Go Bankrupt."

What is humorous about this apparent good report,  is the fact that the headline of this very story reads:  "GMprofits slip 41% as European struggles take their toll."  

Let me rephrase:  headline  -  “Other than the fact that GM sales fell 41% in the 2Q, GM is doing great.” 

Here are the facts:  beside the bad news found in the headline,  GM individual customer sales were down 3% and 41% down to rental car fleets,  in the second quarter of this years, GM stock is selling for $19 per share,  down from its IPO of $33 per share  (a potential loss of 46 billion dollars to inventors),  and,  $53 per share in loan recovery costs – GM still owes the American people $23 billion in bail-out costs.  All that "good news" in The Guardian’s  report,  ignores what I have just written  along with the fact that GM pays no corporate sales taxes for ten full years, or its fiscal woes would be far worse.  

Understand this corporate taxes total 35% of its profit margin.  The fact that all other auto companies must pay this tax,  gives GM a huge break as it seeks to balance its bottom line.  Ford uses losses accrued  between 2006 and 2008 to secure much the same "break."   The difference?  Ford is responding to Bush era tax laws,  GM is benefiting from special arrangements made by the current Administration.  Toyota, Honda, Kia or  Hyundai all suffer under the 35%.   

In the end,  GM is being propped up by the Obama re-election strategy and is  not the success this Administration  wants folks to believe.  

"Change is hard," so says Obama. It always is when Anarchy is the pathway for that "change." [See our list of Obama "firsts']

Obama tells activists ‘change is hard,’ in video message to Netroots Nation

By Meghashyam Mali - 06/10/12 08:36 AM ET  The Hill

President Obama taped a surprise video message for activists attending the progressive Netroots Nation conference, telling them that "change is hard, but we've seen it’s possible.     Four years ago, we came together because we shared a simple belief — that people who love their country can change it. And you have," he said.

"I know it hasn’t always been easy. I know the petty political fights in Washington can be frustrating, and believe me, I know that. But I hope you’ll look back and think about the fact that everything you did, step-by-step and day by day, has helped bring about the changes we’ve fought for. . . . . . .

Editor's notes:  it seems incredible that one would have to issue this reminder but such seems to be the case. Those who listen to Obama --  and, really,  Obama followers have little else to do but listen  --  seem to believe that "hope and change" began with the Slickmeister.  

Obama is moving the country in the same direction he and many of his predecessors  have directed for decades.  There is absolutely nothing new about the gay marriage issue,  or the Environmentalist Army or "universal health care,"  or the notion of wealth redistribution or the anti war movement  --  oops,  I forgot,  he is not anti-war,  just anti Bush's war --  or the social antics of Marxism's cradle-to-grave mentality.  

And the "hard" part?  That is because he is trying to accomplish what the masses do not want.  

Make note of the fact that he won the 2008 election with a 7 point margin and an approval rating of 65%.  This Rasmussen chart is a graft of those who strongly support his efforts and presidential policies.  Those who strongly disapprove have outnumbered those who are his strongest supporters every day of his administration since and including June 30,  2009 !!!  

Will the election be a close call?  I don't think so,  but many disagree.  If I remember correctly,  that is what they said about the Scott Walker recall election of last Tuesday. There was not a single poll taken that showed Walker winning against the recall by anything other than "the margin of error."  Instead,  he won by a very solid 7 %  --  same margin of victory Obama experienced in his first presidential election.  

Christmas 2009 and the White House tree/
shades of the Maoist, Anita Dunn.  

The folks oppose his assault on the Catholic Church and Evangelical values.  He lost the war with the Bain Capital thing and his attack on stay-at-home moms.  ObamaCare is so unpopular,  that it,  alone,  might cost him re-election.  He has a clown for a Vice President and some of the worst financial advisors in American history. Under his genius,  the US financial system was downgraded for the first time.  He is the first to meet with the press, in private and daily meetings throughout most of his first year in office.   He is the first president to give up secret information belonging to our allies  (England and Israel).  He is the first to hire Maoists and Marxists into our White House.  No president has ever aspired to ruling over church hiring practices before the "Christian,"  Barack Hussein Obama (Hosanna Tabor Lutheran vs EEOC),  or ordered people off their land using powers that he claims are above judicial review  (Sacketts vs the EPA).  He is the first president to take over a private company,  GM, and, in the same action,  destroy the retirement incomes of thousands of teachers and police,  primary GM bond holders all,  with legal rights under established contract law,  legalese that were ignored by this Anarchist in our White House.  He is our first president to have a "Mao" ornament hanging from the White House Christmas tree  --  an act that lead to a band on future photos of the Christmas tree.  He is the president who will be credited with allowing Iran to "go nuclear."  He is the first to have federal agents killed because of the idiocy of one of his DOJ gun-running programs.  He is the first to replace "harsh interrogations" with anonymous drone killings.  He is the first president in our history to meet with an avoid socialist/progressive movement in Netroots Nation  (understand that "progressive" is kinder, gentler term for "socialist."    He is the first president in our history to facilitate a "kill list" and to personally manage that list. He is the first president in the history of our country,  to order the name of "Jesus" covered over as a condition of a speech given at Georgetown University in 2009.  

May 7, 2009, Obama gives a commencement speech on the
campus of this [very] liberal Roman Catholic college, but not
before ordering the symbols for the name "Jesus" covered
over . . . . . . . . . .  and this Jesuit school bowed to his pagan
demand  (link to story)

I could go on,  but the point is made:  things are hard for this novice in our White House because this expansive list of "firsts."  We can only hope that on the first of next year,  we need to be able to celebrate the end of his term as "president."  

_____________________________

End notes:  Netroots Nation

From Wikipedia:  

Netroots Nation is a political convention for American progressive political activists, originally organized by readers and writers of Daily Kos, a liberal political blog. It was previously called YearlyKos. The 7th Annual Netroots Nation conference will be held in Providence, Rhode Island from June 7-10.^[1]

The origin of Netroots Nation is traced to a time when a tremendous and growing number of citizens gathered every day in the virtual world to raise their collective voice and proactively influence their government. That group is broadly called theNetroots and has since grown to include progressive organizations and politicians who use new media technologies to communicate with their constituents. The convention rebranded to Netroots Nation in 2007 in an effort to more accurately reflect the makeup of its audience and mission of implementing programs that teach and empower Netroots communities to effect change in the public sphere.

The first ever Netroots UK (http://www.netrootsuk.org) was held in January 2011. The second Netroots UK will be held June 30, 2012 in London.

Netroots Sweden (http://www.socialdemokraterna.se/netroots) was held April 27-29 in Stockholm.

Netroots Nation is a joint project between Netroots Nation, a non-profit non-partisan organization that aligns itself with the Democratic Party, with support from the Netroots Foundation.

Don't you love that last sentence:  " . . . . non-partisan organization that aligns itself with the Democratic Party . . . . . "  Just more BS from the Left, and to think there are those who don't see the contradiction.  

GM just turned a 7.6 billion profit. Smoke and mirrors or the truth? We have the answer.

No taxes for GM for 10 years - $46 billion gift from the taxpayers to the AFL-CIO thanks to Obama.

GM was given TARP funds to "pay back"  its 6.7 billion dollar "loan" from the Obama government,  back in the first quarter of 2010, claiming that the payment came from profits earned by GM.  Turned out that such was a blatant lie.

Its public stock offering is selling for $26.03 at close of business, today, well under its IPO of $33 per share. The price per share is up $6 from a year ago, however.

The taxpayers gave GM a total of more than $55 billion.  None of that money was paid back to the taxpayer out of GM profits.  Whatever has been "repaid" has come from a TARP escrow and,  perhaps, Fannie and Freddie funds.  GM can claim "profitability" only because all of its debt has been either transferred to the "old GM" entity or via gimmick financing through TARP or the GSE's.

Also,  what is not mentioned is the fact that profits fell sharply in the 4q of 2011 to less than half of the profit margins of the industry (MSNBC).

Make note of this fact:  there are so many lies coming out of this White House,  the truth of any of its claims are suspect.  There is a good chance that within 4 months, we will hear of an "adjustment" to the so-called facts of this story.

References used in this report: 
WSJ/ Yahoo Finance/FactCheck.org/FoxNews/Sandusky Register/MSNBC/MidknightReview/