Thursday, July 22, 2010
Harry Reid is clueless
Harry Reid hates to admit that Ford was hugely successful without a government bailout, so he simply lies about it...
From RealClearPolitics -- SEN. HARRY REID (D-NV): "Isn't it a good thing today in America that we have an automobile manufacturing sector? If it had been up to them [Republicans], General Motors would be gone. If it were up to them, Ford Motor Company would probably be gone. Chrysler definitely would be gone."
To it's credit, Ford never took a dime of taxpayer bailout money. This is precisely why they were, and still are successful, and GM and Chrysler continue to struggle under the weight of union thuggery and government meddling. Americans who opposed the bailouts of struggling companies put their money where their mouths were and bought only Fords. The next time I buy a new car, it will not be a GM or Chrysler product for this very reason. And if I can help it, I try not to do business with banks and credit card companies who received bailout money, money that was seized from taxpayers.
Harry Reid, like all democrats, cannot tolerate a private company who succeeds in the marketplace without government intervention so rather than acknowledge Ford's competitive successes, he lies about their participation in the bailout disaster.