The American Spectator

home
ADVERTISEMENT
Print Email
Text Size

The Spectacle Blog

Before I wrote the previous post, I didn’t realize just how comically manipulative President Obama’s GM IPO victory speech was. But Daniel Ikenson was paying close attention

President Obama’s salutary statement about GM’s IPO yesterday reveals a man so focused on defending his policies that he can no longer conceal the incongruity between his political objectives and the country’s imperatives.

American taxpayers are now positioned to recover more than my administrationinvested in GM, and that’s a good thing. (My emphasis)

Besides revealing the president’s preference for LIFO accounting procedures, the statement strikes me as sub-presidential.  Shouldn’t the POTUS be concerned about  American taxpayers getting back all of the money invested in GM?

So easy to miss, if you’re not looking for it. I can’t help but be reminded: 

View all comments (10) |

Pete| 11.19.10 @ 6:33PM

El douchbaggio...

Alan Brooks| 11.20.10 @ 9:47PM

You want free market auto companies in 21st century America?
HUAC ought to be called into session, you must all be indicted for un-Americanism.

JmsA| 11.19.10 @ 7:00PM

"my administration invested in GM," my foot; the taxpayers' money funded the bailout without their consent.

Tim*| 11.19.10 @ 7:22PM

Wow ! This Economic Buffoon Is The Poster Boy For The Peter Principle.

LarryK| 11.22.10 @ 1:32PM

"This Economic Buffoon Is The Poster Boy For The Peter Principle."

Meet Ben. Ben Dover!

JimmyT| 11.20.10 @ 12:15PM

You guys missed his point. HIS "administration" that he's talking about is the unions. They made $4B without investing a dime.

Richard| 11.21.10 @ 11:35AM

... to say nothing of the windfall Obama handed Fiat for free.

Chris| 11.22.10 @ 7:41AM

This proves how dumb the American People of the left truly are. Fix It Again Tony=FIAT OA$$hole's burning of the Constitution and their method of Marxisim in all of his Administration from top to bottom. He needs to take Grayson's advice and "Die Quickly"

Wayne | 11.22.10 @ 1:12PM

Typical Obama. Definitely a sign of insecurity. My favorite quote is "It is not who is right, but what is true." Obama instead would say." I am always right, and if I say it, it is then true." That is his idea of communication. Hence he does not listen.

He does not listen to experts. He does not listen to the people. He is the Colmes of politicians.

More Blog Posts by Joseph Lawler

http://spectator.org/blog/2010/11/19/is-this-obamas-idea-of-effecti

ADVERTISEMENT

SPONSORED LINKS

FLASHBACK TO: 1995

Clip of the Day

Most Popular Articles

The IRS Immigration Fraud Scandal

Jeffrey Lord | 6.18.13

Foreign Policy as Farce

Jed Babbin | 6.17.13

The Biggest Fool of All

Doug Bandow | 6.17.13

Can Liturgical Music Be Saved?

Patrick O'Hannigan | 6.17.13

Revenge of the Fruitcakes

Peter Hitchens | 6.17.13

Obama's Climate of Intimidation

Matthew Sheffield | 6.18.13

The Mole in Don Draper

James Bowman | 6.17.13

Whither Suburbia?

Steven Greenhut | 6.18.13

ADVERTISEMENT