Thursday, June 04, 2009

Barney Frank exposes Barack Obama's GM lie in only 72 hours


On June 1, ABC's outstanding reporter Jake Tapper quoted President Obama regarding the government takeover of GM.

...we are acting as reluctant shareholders -- because that is the only way to help GM succeed...

...What we are not doing -- what I have no interest in doing -- is running GM. GM will be run by a private board of directors and management team with a track record in American manufacturing that reflects a commitment to innovation and quality. They -- and not the government -- will call the shots and make the decisions about how to turn this company around. The federal government will refrain from exercising its rights as a shareholder in all but the most fundamental corporate decisions.

ABC 6 reported earlier today that Barney Frank flipped the President the bird -- metaphorically, that is -- by micro-managing GM's corporate activities. In a story titled "Local GM Plant Scheduled to Shut Down, Will Remain Open", ABC stated that Rep. Frank played a direct role in keeping a Norton, Massachusetts GM plant open.

Congressman Barney Frank released a statement Thursday, announcing that the GM parts distribution center in Norton will be open for at least 14 months...

It was announced a week ago that the Norton plant would be shutting down, putting at least 80 employees out of work, but Congressman Frank spoke with General Motors CEO Fritz Henderson on June 3rd, urging GM to reconsider that action, arguing that the plant was an important part of the local community... General Motors [then] called Congressman Frank Thursday, to inform him that they now plan to keep the Norton plant open for at least 14 months.

..."The UAW is very appreciative of Congressman Frank's assistance," said Bob Madore, Director of UAW Region 9A. "The workers in Norton now have some time to show how important their plant is to GM's overall operations. Representative Frank is a congressman who doesn't just talk the talk for workers - he walks with us and we walk with him".

A whole 80 employees qualifies as a "fundamental corporate decision"?

Well, that debunking of Obama's statement didn't take long.

Usually it's a full week before his public statements are exposed as pure fiction.


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