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June 1, 2009 - Rush Limbaugh Program
37:36
June 1, 2009, Monday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
I don't believe what I just heard, except that I believe it.
I can't believe I'm hearing it spoken by a leader in the United States of America.
But of course, I have to believe it because I heard it.
But I still don't believe it.
I just I cannot believe it.
The news was depressing enough today before Obama gets up to announce how he doesn't want to run General Motors as he lays out how he's gonna run General Motors.
Good grief, my fro.
Welcome uh to Broadcast Excellence, hosted by me, Rush Limbaugh.
Here we are on the EIB network.
Great to have you with us.
The telephone number 800 282-2882.
Cookie, get me, if nothing else, get me the last five minutes of what Obama said just now in his uh in his little announcement of the government taking over General Motors.
I mean I'm gonna paraphrase it, but I want you to hear it yourself.
Man oh man, oh man.
Folks, he just told the adult generation today that your life is not going to improve before you die.
He just said things are not going to improve before you die.
That what we're doing today is your sacrifice for your children and your grandchildren, that there are going to be further plant closings, there are going to be further job losses, there are going to be further dealership closings.
There is going to be a mess.
We don't want to run General Motors, he says, while he spells out how it's going to be run.
He was spelling out how now we're gonna we're gonna move forward on building these little putt-putt cars.
That's what General Motors and Chrysler are gonna do.
And we in the federal government, we are gonna boost our purchases to provide the impetus for these fuel economy cars.
We're gonna boost our fleet purchases here of these kinds of cars.
Now there's an interesting little aspect of this.
General Motors makes these kinds of cars around the world.
General Motors builds these cars in Europe.
General Motors builds these cars in China and other places.
This deal, from what I have been given to understand, will prevent General Motors from importing any of those cars that are made already overseas.
They're going to have to be made here.
Your choice in the kind of car you buy will soon be over.
I can't wait for you to hear this quote when he details how much worse it's going to get.
I don't know.
And how this is sacrifice.
We are all making a sacrifice for our kids and grandkids.
Plants will close, jobs will be lost, dealerships will close.
You know what this guy is doing?
He is implementing his campaign agenda without regard for current economic circumstances.
ABC's The Note Today has an interesting little line as they were previewing this General Motors announcement today.
Uh it is by written by Rick Klein.
Maybe an all-consuming Supreme Court fight wouldn't be that bad after all, they say for Obama.
Remember now, we're talking with I think was all but official state-controlled media.
Call it state controlled, call it state run.
The media here is no different than the media Hugo Chavez has.
So forget drive-by media.
Forget mainstream media.
It is now state-controlled media.
By their choice.
The media is choosing to be controlled by the state.
Regardless how it happened, it's state-run media.
And so ABC is a note here.
Well, maybe an all-consuming Supreme Court fight wouldn't be that bad after all to take attention away from this rot gut.
What's filled the vacuum as Sotomayor hits the hill this week looks a lot like President uh what President Obama doesn't want to be talking about.
He never signed up to be in the auto business.
His election was about ending the culture wars.
The old divisions were supposed to fade away.
None of that's true.
He never signed up to be in the auto business.
If he didn't want to be in the auto business, he wouldn't have furthered more bailout money that's been thrown down the drain.
He would have let him file for Chapter 11 way back when, before all this money was dumped and wasted.
His election was about ending the culture wars, just the exact opposite.
His election was about creating and expanding wars between groups of Americans.
The old divisions were supposed to fade away.
The old divisions have never faded away.
He is not a messiah.
He's not a magician.
He is a partisan liberal hack, which means that the old divisions are going to get sharper and have gotten sharper.
They are not going to fade away.
An economic mess, he inherited it.
Maybe so.
You've got to admit that he inherited some of this, but he's built on what he inherited.
He has built on the mess.
He is amplifying the mess, and he's doing it on purpose.
This guy came into office with an agenda, a pure socialist agenda, and he's implementing it without regard for current economic circumstances.
You don't raise taxes in a recession.
You don't do anything he's doing in a recession.
He's doing it because that's what he planned to do from the first days he read Sololinsky, from the first days at Acorn, from his first days as an activist.
This is what he and his wife have been dreaming of doing, and they're going to do it regardless.
The Heritage Foundation has a great post today.
You know, we're big believers at AskHeritage.org.
It's well worth your becoming a member at Askheritage.org.
You can do it for as little as 25 bucks.
They're a think tank.
Lots of brilliant scholars writing on subject after subject.
Here's a post today.
Government motors is not the answer.
And here is a striking observation.
Despite claiming that the administration will not, oh, and he said this today.
We're not going to be involved in any aspect of running this company except in major decisions.
We're not going to be involved in running this company.
You've got to hear this whole thing.
Despite claiming the administration will not interfere with or exert control over day-to-day company operations, which is what he said today, it is instructive that this announcement is being made by the president from the White House.
It is not being made by the company's CEO from either their headquarters in Detroit or the New York bankruptcy court.
And they are exactly right in that observation.
They're appointing a new board of directors.
It's going to have the United Auto Workers on it.
At midday today, President Obama announced details of his $30.1 billion dollar plan to restructure General Motors despite claiming the administration will not interfere with or exert control over day-to-day company operations.
It's instructive that this announcement is being made by the president from the White House.
Not by the company CEO from either the Detroit headquarters or the New York bankruptcy court since March of this year.
When the White House rejected GM's restructuring plan, their interventionist actions have spoken much louder than their hands-off rhetoric.
Amen.
Heritage has it exactly right.
He says one thing, does something.
He goes up and says we don't want to run it day to day and then spelled out how he's going to run it.
He told us the kind of cars they're going to make.
He told us the kind of cars the government's going to buy to boost their fleet purchases to provide an impetus for everybody else buying these little cars that nobody wants.
Remember, folks, it was just days after the White House informed General Motors that they were unhappy with the company's first restructuring plan.
Obama fired the CEO, a guy who had no desire to run the company.
Fires the CEO.
The uh payoff from Obama's hand-picked replacement, Fritz Henderson, quickly became apparent when Henderson stood next to Obama in the Rose Garden and announced his support for Obama's new fuel efficiency standards.
Obama said GM is fully committed to this new approach.
They were being run by Obama back then, fully committed under the gun.
They had no choice but then to be fully committed to this new approach.
It's no accident that Obama rejected GM's restructuring plan.
I want you to listen to a soundbite.
It's gonna make you cry.
Well, it's gonna make you cry, but it's makes me cry how right I was.
How right I was.
September 17th.
September 17th, 2008.
I said this about government takeovers and how high the stakes were in the upcoming election.
We have automobile and aviation companies on the verge of bankruptcy or government ownership due to legislation or regulation and oil prices that could be half what they are if Congress got out of the way.
We are playing for keeps, folks.
This is not just another election.
Events have brought us to where the government has become so invested in the affairs of the private sector that the next president will determine if the private sector or the public sector is going to be calling the shots.
And Barack Obama is one of the people who could be making those decisions.
Their enemies list is the private sector of this country where you work.
Their enemy, all of their enemies are your employers.
You can see side by side, A B comparison.
Government runs mortgages.
What happens?
Government gets in charge and runs health care.
What happens?
Government gets in charge, fixes poverty.
Great society.
What happens?
Affirmative action, feminism.
You talk about creating a meaner America.
It's liberal policies that pit groups of Americans against one another on purpose.
There needs to be a cleansing of this process at some point, folks.
Either we take control of events and address them now, or events will take control with disastrous consequences, if not for us, surely the next generation or two.
And all those people making these decisions today, the members of Congress and all that, will be long gone, but your kids and grandkids will not.
September 17th, last year.
I warned you, and I'm sure all of you in this audience, or the vast majority of you in this audience.
Listen, here we go.
GM permanently closing, nine more plants, three more to be put on standby.
It's a wrong Chiron, Fox and MSNBC.
It is Obama permanently closing.
Can we get this right for once?
GM doesn't exist anymore.
GM's in bankruptcy.
This is government motors.
This is Obama.
He just told us more plants are going to close, more jobs are going to be lost, more dealership shut down.
Well, right now, Fritz Henderson gets the dirty deed.
He's the CEO.
He gets to announce the closings.
Obama got to announce all the wonderful things.
All the terrible things.
The government's going to save this and save that, but here's the GM CEO Fritz Henderson now talking about all the new plant closings and all of the dealership shutdowns and all the jobs to be lost.
He's detailing it.
Obama forecast it, but he didn't give the bad news per se.
He is leaving that to the GM guy.
But this is all Obama's doing.
Here's Obama, my friends, as I interpret him.
I inherited this.
I inherited that.
Everything going wrong is somebody else's fault.
I inherited it.
A majority of the good parts that I've inherited, I'm going to give to the unions.
And what you inherit from me, you won't be able to pay off for centuries.
Because I'm leaving you with nothing.
I'm leaving you in debt.
You, what you are inheriting from me is dead.
And he believes this BS he has spewed.
He believes it, folks.
He's a true believer.
That's what's so scary.
He believes this stuff.
All right.
We have a brief time out.
Well, one more.
Audio zone by two.
It's very short.
Eight seconds.
This is March 30th.
Let's see, March, April.
Two months ago.
Two months ago, Barack Obama.
Let me be clear.
The United States government has no interest in running GM.
We have no intention of running GM.
That uh statement expired today.
Because today Obama announced how he's running it.
We'll be back.
Stay with us.
All right, here are the Obama sound bites that I heard.
Just prior to the program beginning, here's the first of two.
I will not pretend the hard times are over.
Difficult days lie ahead.
More jobs will be lost, more plants will close.
More dealerships will shut their doors, and so will many parts suppliers.
But I want you to know that what you're doing is making a sacrifice for the next generation.
A sacrifice you may not have chose to make, but a sacrifice you were nevertheless called to make so that your children and all of our children can grow up in America that still makes things, that still builds cars, that still strives for a better future.
Strives for a better future, strives for a better future while you tell people they have none.
He just told us we have no future.
Particularly if you are at present in the automobile industry, you have no future.
You have to sacrifice.
You are being called on to sacrifice.
Sorry.
Sacrifice is being mandated upon you.
And you must do it for your children and your grandchildren, so that they can grow up in an America that still makes things, that still builds cars, that still strives for a better future.
My friends, Barack Obama now owns General Motors and Chrysler.
Whatever happens to these companies down the road, Barack Obama owns it.
He can no longer say he inherited the problems because he's now telling these two companies how they're going to be run.
Now he's saying he's not doing that, but he is.
He's dictating to them the kind of cars they're going to make.
He's going to provide an impetus for everybody else to buy those cars by having the government fleet upgraded.
They're going to buy these cars.
They little tinfoil cars is what we're talking about here.
Okay.
So there you have it.
Your future is bleak.
You are now engaged in sacrificing for the future.
Your kids and your grandkids.
Here's the second soundbite.
As our auto workers and auto communities pass through these difficult times, we as a nation must do our part.
That's why in March I appointed Ed Montgomery, Director of Recovery for Auto Communities and Workers.
That's why two weeks ago, Ed announced a green jobs training program for auto workers in hard-hit communities.
And that's why last week Ed and Karen Mills, my small business administration chief, traveled to Indiana to announce a new plan to provide loans to auto RB and boat dealers to help finance floor plants.
That's why we are accelerating the purchase of a federal fleet of cars to jumpstart demand and give the industry a boost at a time when it needs one.
And that's why I'm calling on Congress to pass fleet modernization legislation that can provide a credit to consumers who turn into old cars and purchase cleaner, more fuel-efficient cars.
These are important steps on the long road to overcoming a problem that didn't happen overnight and will not be solved overnight.
I recognize that today's news carries a particular importance because it's not just any company we're talking about.
It's GM.
It's a company that's not only been a source of income, but a source of pride for generations of auto workers and generations of Americans.
Thank you.
While the GM of the future will be different from the GM of the past, I am absolutely confident that if well managed, a new GM will emerge that can provide a new generation of Americans with the chance to live out their dreams.
They can outcompete automakers around the world, and they can once again be an integral part of America's economic future.
Barack Obama, who has never run anything.
Barack Obama has never been in charge of one single enterprise that had, as is its objective, the making and earning of a profit.
He has never, as a bureaucrat, as an activist, he has never had to care about profit.
In fact, Barack Obama sneers the whole concept of profit.
Profit to him is stealing.
A company profits only by raping consumers and suppliers.
They should not profit.
They should simply sell everything zero sum game at cost and stay in business as service to mankind.
Which of course would mean that no business would survive.
So the Barack Obama of Zero Zilch Nada, private sector experience, has the audacity to say that while the GM of the future will be different from the GM of the past, I'm absolutely confident that if well managed, a new GM will emerge.
Hey, bud, you're managing it.
You're in charge.
Mr. President, if you didn't want people to think you're in charge, you should have not said a word today.
The announcement should have come from Fritz Henderson, wherever he is, either at the bankruptcy law firm in New York, a court or in Detroit.
But he didn't make the announcement you did.
You spelled out the future of General Motors, and now Henderson's been sent out there with all the details of the horror that is to come.
You gave us the generalities, Mr. President.
So a man who's never run a private sector business, who's never been challenged to show a profit, a man who sneers at the concept of profit.
Now lectures us on how well GM can do if it is run well and managed well.
Meanwhile, all of you in the automobile business today, suck it up.
Because your gaze of profitability and success are over.
You now are sacrificing for your kids and your grandkids.
Hi, we're back.
It's uh El Rushbo here on the cutting edge of societal evolution.
Yeah, we're gonna get this software myora today, folks.
We've got a lot to do today here.
Um I just want to say one thing.
I'm getting all kinds of email.
Rush, rush, how do you can you believe everybody in the Republican Party's bailing out on you because you had the audacity to call her a racist?
Look at here's what you need to know about that.
The Republicans are not bailing.
The Republicans are content to let Newton me carry the heavy load.
They're gonna be reasonable.
I'm they're not, they're not throwing anybody under the bus.
But here's what you need to know about the racist comment.
Nobody's denying it.
All they're doing is saying, oh, it's too strident.
Ooh, that language is just, it's too strident.
Hey, I cut back on that language, but nobody is denying the fact that if a white guy had said the equivalent of what Sonia Sotomayor said, he'd be finished.
In fact, Obama's got a walk.
In fact, Obama wants her to be able to have a do-over, a retraction.
Well, I think if she had it to do again, if she had it, she would choose her words differently.
Also the Democrats and the Liberals get a do over.
Nobody's denying what I said.
That's what you need to keep in mind.
She would bring a form of racism and bigotry to the United States Supreme Court.
The only allowance I will make for Sonia Sotomayor is this.
She is probably a result of two things.
Her upbringing and her education.
I have no doubt that where she went to school, from high school into college into law school, I'm sure she had a multicultural curriculum.
And I'm sure she heard all the stuff about how rotten white guys are.
White Europeans brought all this pestilence, syphilis, environmental destruction, sexism, racism with them when they discovered the new world.
I am sure that in that case, Ritchie versus New Haven, when she sided against the firefighters, the white firefighters who had worked their asses off to pass that test and become if the test results were thrown out because not enough blacks, unlike any blacks, passed it sufficiently to qualify to be a firefighter.
I'm sure she thought that this was justice.
It was justice.
The white people need to have reverse racism and discrimination thrown at them because Of all the horrors they committed.
She was raised that way, she grew up that way, and she was taught that.
That's the only allowance I will allow.
Now, I'm not saying that it's not intrinsically part of her soul.
I'm not denying that, but that's what she's been taught.
That's what anybody's been taught who has attended an Ivy League school and gone to an Ivy League law school.
Especially a minority, a woman, an Hispanic, whatever, that's what they've been taught.
So more on that as the program unfolds, but just they she nobody's denied the charge.
They're just upset that the charge has been made by me.
I mean, if they make the charge against one of us, do you know how many times I've been called a racist lyingly and incorrectly?
I'm not a racist.
You know how many times I've been called a racist?
They can get away with it all.
They can call people racist all they want.
They can call people sexist all they want.
They can call people bigots all they want.
They can people homophobes and all that stuff.
And we deny their charge because their charge is wrong.
They're not denying this charge.
They're just saying, shut up.
That's too harsh.
We need to bring decorum to the debate.
And by the way, simply by saying she would bring a form of racism and bigotry to the court is not meant to take the focus away from her utter lac of competence.
And she brings plenty of incompetence to the court.
That statement about judges making policy.
Folks, do you realize she would be if she if she stands by everything she said as a judge when she takes the oath of a Supreme Court justice, she will be lying.
You ever stop to think of that?
She's the antithesis of the oath.
No, now Limbaugh's called her a liar, and nobody's going to deny that charge either.
They're just going to say it's harsh.
21% favor the General Motors bailout plan, 67% oppose it.
So what?
It's a Rasmussen poll.
National Telephone Survey, 67% opposed to a plan that would provide General Motors with $50 billion in funding and give the government a 70% ownership interest in the company.
Twenty-one percent favor it, but it doesn't matter.
He can't be stopped.
There's no stopping him.
Did you hear that Obama just threw away his uh his ban on lobbyists in his administration?
That happened in a document dump on Friday afternoon after the news, the state-run media had shut down for the weekend.
Oh yeah, you can bring lobbyists back now.
Lobbyists can go to the Obama administration.
Do you remember last week when the Justice Department, the Obama Justice Department, dropped all charges against the new Black Panther Party in Philadelphia for voter intimidation?
Yeah, we just dropped the charges.
The career lawyers in the Justice Department brought the charges.
The political appointees, Eric Holder dropped the charges.
In the Atlanta Journal and Constipation today, there is a trend emerging here, folks.
There is a trend emerging.
The U.S. Justice Department has rejected a program put together by Secretary of State Karen Handel.
She's a Republican Secretary of State in Georgia.
Her proposal, her program comb through state databases to detect ineligible voters who may not be U.S. citizens.
The U.S. Justice Department has rejected that program.
So they dropped charges against a new Black Panther Party, and video shows that the new Black Panthers were clearly intimidating voters at Philadelphia polymers.
They had weapons.
They had uniforms, and they were truly threatening.
So the Attorney General, yes, the Secretary of State in Georgia, Susan Handel.
Well, you know, we got to purge the voting roles here.
We've got to find people on here who are illegal, who are dead, who don't exist anymore, and the U.S. Justice Department said, no, it can't do that.
It's inaccurate and discriminatory.
Can't discriminate against the ill, can't discriminate against illegals, and you can't discriminate against the dead.
Now there's a trend emerging.
Nobody can stop this.
State of Georgia, the state of Georgia has been told by the U.S. Justice Department that it cannot purge its voting roles of illegals and people who are dead.
Say goodbye to federalism.
Okay, so we drop charges against the new Black Panthers.
The U.S. Secretary of State in Georgia has her program to purge the voting rolls, clean them up in Georgia thrown out.
Lobbyists are now free to work in the Obama administration.
Obama owns General Motors.
There's people say, when's this gonna stop?
You tell me where it's gonna stop.
The last chance to stop this is gonna be 2010.
Those elections.
That's the last chance to get enough Republicans in the House and Senate to stop this.
And the stimulus money, don't forget, most of the porculus money starts getting spent in 2010 for the express purpose of re-electing Democrats.
What did I the other day I've got it in the stack here?
120 million dollars of stimulus money has gone to print a pamphlet helping Democrats get something done.
Not one job created, nothing.
It's a full-fledged leftist takeover.
And the media's next.
Now Obama does not have to take over the television and print news business because they've already given themselves to him.
The the w what used to be the mainstream media is now the state run or the state controlled media of the United States.
But take a look at newspapers, for example.
It got even worse today.
With the advertising revenue that's down, the losses, the circulation drops, I don't have the numbers in front of me, I'll get them in a moment.
But the news in the newspaper business, the financial news just got worse.
And what are we beginning to hear?
We're beginning to hear notions and even men like John Kerry has has proposed that the government bail some of these people out and turn the news business into nonprofits.
If the government ends up buying news media, who runs it?
State.
Now a lot of you are concerned, and I get emails from you frequently about the fairness doctrine and how the Obama administration might choose to shut down talk radio.
It ain't gonna happen that way.
A lot of people are talking that might happen with new localism rules and ownership rules.
That could happen that way.
Even though this program, and I say this proudly, even though this program has yet to have an off-final year, and we are financially up this year over last year and every other year.
The same cannot be said of broadcasting.
Just like the newspaper business, the broadcast business is having challenges with advertisers.
We aren't because we're a results-oriented uh uh advertising option for people, meaning you advertise here to get immediate results, and they people who advertise here do.
Uh, there's another form of advertising called cost per thousand CPM, and to briefly explain that advertisers are just buying in order to make impressions, not really sell anything per se, but just get the brand impression made in the listener or the viewer's mind.
Well, we here are results-oriented by, and we get results, and so we're up, but radio and television are also suffering from similar losses because advertising revenue is down.
Now, it is already the fact that the government regulates radio and TV by granting owners of stations the license to operate.
There are several radio companies that are in debt.
Big time.
Some are in such debt that they we may not be able to make their debt payments this year.
The banks are reluctant to lend.
You know, the TARP money, it hasn't been used to extend credit.
Here's how the banks are being used.
Obama is using the banks to advance All of his causes.
TARP money was supposed to be used to buy so-called toxic mortgage loans and to get credit going.
It's a completely unconstitutional.
But now they're taking this money and using it for ways that were never intended to turn banks into instrumentalities of the executive branch.
So let's say Radio Company A, deeply in debt with a big loan payment due at the end of the year, can't make it.
They have to go to the banks.
The banks we're not loaning money.
Oh, well, okay, we want to restructur, oh, we can't restructure.
The government owns the banks or a lot of them.
So what happens if the government then tells the bank, okay, go ahead and make a loan to that company, Radio A. It's just like General Motors.
The government then owns that radio company.
And when the government owns the radio company, just like they can tell General Motors what kind of cars they're going to build, they will be able to tell radio stations and TV stations what their programming must be.
This is a possibility.
What what is what is possible is the federal government actually owning a state-run media.
Newspapers, too.
Auto companies and banks.
All the while the leader of our country saying that's the last thing he's interested in.
A brief timeout, folks.
A little long in this segment.
We'll be back.
Stay with us.
Once again, I do not know the source of this particular story.
I know the story is true.
I just don't know.
I can't tell you where this particular headline comes from.
Republicans grumble as Obamas get to New York and taxpayers pick up the tab.
It supposedly cost 24 grand.
He took a couple of Gulf Stream Fives and uh helicopters and all that for a date night in New York.
Yep, yep, yep, yep, yahoo.
Republicans are gonna criticize this, and that's fine.
This is easy.
I mean, it's easy.
Anybody can understand this, but it isn't gonna matter.
Because Obama got a standing ovation from people whose lives he disrupted on Saturday night, from traffic to restaurants to the theater.
Everybody whose life was inconvenienced got a standing ovation from the guy in New York.
So here's here's the thing about this.
Go ahead and grumble over the fact that Obamas are living it up during a recession and so forth.
But don't use that as an excuse not to tackle the big stuff.
Because this is chump change.
Bickering over the Obama Saturday night date is chump change compared to bickering over some of the serious stuff going on out there.
Yeah, we all have to sacrifice Obama and Michelle don't, but their supporters don't expect them to sacrifice.
Their supporters applaud the way the Obamas live, the ones who are inconvenienced at a restaurant on the highway at the theater, applaud the Obamas.
So you Republicans, you go ahead and try to make something out of this, but it's gonna fail.
There's bigger stuff to grumble about than that.
The easy way out is to grumble about this Saturday night date trip.
Anybody can do that, and it ain't going to accomplish anything.
Three more.
Audio sound but from Obama and his General Motors press conference today.
Here's the first time.
These companies were facing a crisis decades in the making, and having relied on loans from the previous administration, were asking for more.
From the beginning, I made it clear that I would not put any more tax dollars on the line if it meant perpetuating the bad business decisions that had led these companies to seek help in the first place.
I refused to let these companies become permanent wards of the state, kept afloat on an endless supply of taxpayer money.
This is like saying I don't want to litigate the last eight years and then continuing to litigate the last eight years.
I don't want General Motors living as a ward of the state.
He wants us all living as wards of the state.
Bottom line, next bite.
GM's management team, including its new CEO, Fritz Henderson, its interim chairman, Kent Cresha, and all of their colleagues, has have worked, has worked tirelessly to produce a plan that meets the strict standards I laid out at the beginning.
To streamline GM's brands, waiting for clean up GM's balance sheet and make it possible for GM to compete and succeed.
Wait a minute.
He doesn't want to run it, yet he talks about his handpick CEO and his task force that did exactly as he told him to do.
But he doesn't want to run it.
He doesn't want to being wards of the state.
The strict standards he laid out to streamline the brands and clean up the balance.
And he's never done this himself.
At any financial enterprise.
He doesn't know what he's talking about.
Here's the last one.
What we are not doing, what I have no interest in doing.
Remember what you just heard.
He's running GM.
Jeez.
GM will be run by a private board of directors and management team with a track record in American manufacturing.
You're dictating the government.
It reflects a commitment to innovation and quality.
You're dictating to him.
They, and not the government, will call the shots and make the decisions about how to turn this company around.
have just called the shots in a previous soundbite.
The federal government will refrain from exercising its rights as a shareholder in all but the most fundamental corporate decisions.
In all but the most fundamental.
When a difficult decision has to be made on matters like where to open a new plant or what type of new car to make, the new GM, not the United States government, will make that decision.
Just that's simply not true.
He just contradicted that in the previous two sound bites.
He's dictating the kind of cars they're gonna make, and the government's gonna buy the first fleet of them.
During the press conference that uh Fritz Henderson, the acting CEO, because Obama's the real one, uh, General Motors, he was asked if he uh feels too much pressure from Obama in running the company, and he dodged it.
He dodged the answer.
I was reading the closed captioning.
Cookie, get me the whole answer to that question from the press conference if he feels too much pressure from Obama.
Gotta take a break.
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