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President Obama: GM stock sale a success for his policy

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-18-10 05:13 PM
Original message
President Obama: GM stock sale a success for his policy
Edited on Thu Nov-18-10 05:25 PM by cal04
http://news.yahoo.com/s/ap/us_gm_ipo_obama

President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some of the "tough decisions that we made" during the financial crisis were beginning to pay off.

"American taxpayers are now positioned to recover more than my administration invested in GM, and that's a good thing," Obama said, speaking of his administration's $50 million taxpayer-backed rescue of the venerable automaker.

(snip)
Obama said the revitalized GM proved that "doubters and naysayers" were wrong.

"We are finally beginning to see some of these tough decisions that we made in the midst of the crisis pay off," the president said.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-18-10 05:19 PM
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1. Excellent! nt
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Thu Nov-18-10 05:32 PM
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2. Good investment, President Obama! nt
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-18-10 05:34 PM
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3. Very glad it worked out.
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yellerpup Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-18-10 05:34 PM
Response to Original message
4. Wish I could kick this enough
to enter the consciousness of Teabaggers. :kick: & Recommend
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impik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-18-10 05:37 PM
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5. More than million workers thank you, sir.
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-19-10 08:05 AM
Response to Original message
6. Good!
It's about time he pointed out his successes.

Framing is everything.
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