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Monday, June 08, 2009

Summing up Obama in 18 words or less

"A bailout-happy, deficit-drunk spendthrift eager to impose a heavy government hand on a swath of industries."

That's from a new article posted at Politico on the dangers of Obama's takeover of GM.

From the article by Lisa Lerer and Victoria McGrane:
The Republicans are linking the decision to pour about $50 billion into "Government Motors" to the new administration's energy, health care and housing plans — all of which, they argue, will result in higher costs for consumers and bigger national deficits. Even the war spending bill now pending in Congress, they say, amounts to a "global bailout" for the International Monetary Fund.

"The pattern here is pretty clear," House Minority leader John Boehner (R-Ohio) said Thursday. "Every time the president makes a so-called tough decision, it's the American middle class that gets hit the hardest."

"This is somewhere in between Baghdad and fixing the flood in Louisiana," Grover Norquist, president of Americans for Tax Reform, said, comparing the GM decision to major stumbles by former President George W. Bush. Obama "has decided to take this over. He now owns it."
Read the full article, "Republicans hope General Motors is President Obama's Hurricane Katrina," at Politico

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