Tag Archives: auto bailout

Ford Motor Co. Does U-turn on Bailouts

Posted on September 20, 2011

A Ford TV ad slams competitors for accepting bailout funds, even though the company’s CEO lobbied for the bill. The company — the only one of the Big Three not to receive a bailout — feared a collapse of GM and Chrysler at the time would have hurt suppliers and, …
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Romney Wrong on Deficits, Auto Bailout

Posted on June 9, 2011 , Corrected on June 15, 2011

Mitt Romney wrongly claimed deficits “multiplied … by a factor of four or five” under President Barack Obama. He also incorrectly stated that auto companies have repaid only a "small" share of the government bailout money. The deficit was already running at $1.2 trillion when Obama took office, and it …
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Chrysler Paid in Full?

Posted on June 6, 2011

Taxpayer beware: You have to read the fine print to know what the president means when he says Chrysler has paid back "every dime" of loans it received "during my watch." The company got $12.5 billion in bailout funds under the Bush and Obama administrations, but — despite what the …
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Obama’s auto team & “the laws of physics”

Posted on June 15, 2009

Q:Did the Obama auto team tell a Michigan engineer the government should change "the laws of physics"? A: This is another Internet tall tale. The supposed source of the story says he has not even met with the Obama task force.

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