Drudge is headlining this in bold red right now with the title “LET’S REPEAT AUTO BAILOUT ‘WITH EVERY INDUSTRY’” and that’s pretty much exactly what Obama said. If you wanna see the video go to Politico.
Here’s the transcript of Obama’s comments:
We’ve got a bunch of examples of the differences, the choice in this election. When the American auto industry was on the brink of collapse, more than 1 million jobs at stake, Governor Romney said, let’s “let Detroit go bankrupt.”
I said I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back and GM is number one again. So now I want to do the same thing with manufacturing jobs not just in the auto industry, but in every industry. I don’t want those jobs taking root in places like China. I want them taking root in places like Pueblo.
Yeah, let’s waste billions more taxpayer dollars bailing out more industries and then allowing them to pay no taxes because they are trying to pay back the “loan”. Yeah that sounds fantastically stupid.
***ALERT*** Mitt Romney. Obama just gave you your next ad.