Newsflash! US to bail out German Automaker

David Kirkham · #1 (**permalink**) 02-24-2009, 08:38 PM

Newsflash! US to bail out German Automaker!

From Obama's speech tonight. 24 Feb 2009

"As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices. But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win. Millions of jobs depend on it. Scores of communities depend on it. And I believe the nation that invented the automobile cannot walk away from it. None of this will come without cost, nor will it be easy. But this is America. We don’t do what’s easy. We do what is necessary to move this country forward."

So, which nation invented the automobile?

Perhaps Obama doesn't know who Karl Friedrich Benz or Gottlieb Wilhelm Daimler is. (Does Daimler-Benz sound familiar?)

Maybe He has never heard of a Mercedes Benz either...wouldn't surprise me--I hear all his buddies drive Toyotas.

I hope He knows more about the economy than cars.

David

Ronbo · #2 (**permalink**) 02-24-2009, 08:51 PM

I was wondering if anyone else caught that mistake...

TXBLU · #3 (**permalink**) 02-24-2009, 08:58 PM

I caught it. My wife thought I was crazy when I pointed it out. Henry Ford invented the assembly line and introduced the 8 hour work day.

http://www.youtube.com/watch?v=S4KrIMZpwCY

Eric

Ronbo · #4 (**permalink**) 02-24-2009, 09:20 PM

Actually Oldsmobile first used assembly line production, not Ford...

snakebitekit · #5 (**permalink**) 02-24-2009, 11:04 PM

The current President also does not know how may states we have according to one the pre-election talk down to us presentations.

HI Cobra · #6 (**permalink**) 02-24-2009, 11:49 PM

That is just the tip of the iceberg.

DAVID GAGNARD · #7 (**permalink**) 02-25-2009, 02:11 PM

Quote:

Originally Posted by snakebitekit

The current President also does not know how may states we have according to one the pre-election talk down to us presentations.

Yep, he said he planned to visit ALL 57 OF THEM!!!!!!!!!!!!!!!!!!!!!

Quote:

I'm sure it was a simple mistake - give the guy a break! Anyway, I'm sure he's going to be much better than his idiot predecessor!

Wanna bet??????????? lets talk about in say a year or two or three, if we're still around.............

David

acindrich · #8 (**permalink**) 02-24-2009, 08:54 PM

I think President Obama simply misunderestimated the origins of the automobile.

A98Coupe · #9 (**permalink**) 02-25-2009, 05:43 AM

I'm sure it was a simple mistake - give the guy a break! Anyway, I'm sure he's going to be much better than his idiot predecessor!

Ron61 · #10 (**permalink**) 02-25-2009, 06:00 AM

Like the small mistake during his campaign when his daughter had to remind him that he wasn't in the state that he kept mentioning how proud he was to be there.

And of course there is the really great mind at work a week or so In Birmingham I believe it was. I watched him and he was telling all of the people how he would have this overpass built so some highway that he thought went through there wouldn't be causing them traffic problems. I don't remember the highway numbers, but his overpass would go East to West and the Highway goes South to North. And also as another just minor thing, that particular highway misses Birmingham by 17 miles. I sure hope he can remember which country he is in when he passes his next PORK bill.

Ron

Juggernaut · #11 (**permalink**) 02-25-2009, 10:16 AM

Quote:

Originally Posted by A98Coupe

I'm sure it was a simple mistake - give the guy a break! Anyway, I'm sure he's going to be much better than his idiot predecessor!

That "idiot predecessor" as you so mistakenly called him helped to keep this country safe after 9/11 and don't EVEN try to tell me that 9/11 was his fault.

Well, keep thinking that Nobama is going to be better than his predecessor & we'll check back with you in a year & see how you feel then.

map · #12 (**permalink**) 02-25-2009, 05:53 AM

It's gonna be a long 4 years....

petek · #13 (**permalink**) 02-25-2009, 06:51 AM

Guys, guys, guys... quit pickin' on the poor fellow. He is, after all, going to cure cancer, make sure everyone has free health care, and make the country energy independent!

Ron61 · #14 (**permalink**) 02-25-2009, 07:02 AM

Ron

CobraDan · #15 (**permalink**) 02-25-2009, 07:06 AM

That's if you want to call this an automobile

Chaplain · #16 (**permalink**) 02-25-2009, 07:06 AM

Picking that comment out of the entire speech is missing the point of what got us into this mess. I realize this is a car site and I zoned in on it as well, but we have a problem that is much larger. Starting with junk bonds then Enron, to the latest scam where bankers made millions pushing money at people to buy houses they can't afford and are now going bankrupt. Unless we can break the cycle of greed in this country we're screwed. How low can a person get like Madoff who screwed over some of his best friends for his own personal gain. I hope we haven't reached the point where we think that banker in Florida who distributed the 60 million to present and past employees is a sucker rather than a saint.

David Kirkham · #17 (**permalink**) 02-25-2009, 10:21 AM

Quote:

Originally Posted by Chaplain

Picking that comment out of the entire speech is missing the point of what got us into this mess. I realize this is a car site and I zoned in on it as well, but we have a problem that is much larger. Starting with junk bonds then Enron, to the latest scam where bankers made millions pushing money at people to buy houses they can't afford and are now going bankrupt. Unless we can break the cycle of greed in this country we're screwed. How low can a person get like Madoff who screwed over some of his best friends for his own personal gain. I hope we haven't reached the point where we think that banker in Florida who distributed the 60 million to present and past employees is a sucker rather than a saint.

Chaplain,

WOW! I guess I "misunderestimated" the political reaction on this site!

I was making a motor head comment, not a political one. I would have made the same comment had Bush, Carter, Lincoln, or Washington said it.

David

RodKnock · #18 (**permalink**) 02-25-2009, 10:29 AM

How about that Danica Patrick? Boy, she sure is goooood looking.

Hexnut72 · #19 (**permalink**) 02-25-2009, 10:47 AM

Quote:

Originally Posted by RodKnock

How about that Danica Patrick? Boy, she sure is goooood looking.

She is okay, but not my dream girl by a long shot. Now quit trying to change the subject.

I like the talk from Obama about cutting the deficit in half. It sounds like a good thing. Hard to believe what he said when he just signed away 900 billion last week. I doubt that all of that cash (and by cash I mean debt) is going where it should be going.

When is that tea party?

David Kirkham · #20 (**permalink**) 02-25-2009, 11:05 AM

Quote:

Originally Posted by Hexnut72

She is okay, but not my dream girl by a long shot. Now quit trying to change the subject.

I like the talk from Obama about cutting the deficit in half. It sounds like a good thing. Hard to believe what he said when he just signed away 900 billion last week. I doubt that all of that cash (and by cash I mean debt) is going where it should be going.

When is that tea party?

I wonder if the old coconut shell game is going on here. Raise the debt by a zillion then claim credit for cutting it in 1/2 later.

This is strange math.

Now, a tea party sounds like a good idea--a really good idea at that. I think we should throw one. Want to join?

David