Obama used the Socialist tactic of 'nationalizing' the US auto industry, using billions of US tax dollars to 'do so' and claimed victory, after violating bankruptcy law as well to do so?Can you imagine the rightwing outrage if our auto sector collapsed under Obama's watch?
Nice claim / justification for Obama breaking the law AGAIN.
I don't think you understand what nationalize means
It means you take them over and keep them. That did not happen with GM. Unlike Bush, who just sent money no strings attached, Obama acted like a creditor. He demanded stock to cover the US taxpayer and a restructuring to include closing unprofitable brands, wage and benefits concessions from the workers and economic restructuring
Once they were solvent, he cashed in our stock
I don't think you know what nationalize means. When government controls industry, it is effectively nationalized. If a car has your name on the title, but it's parked in government's driveway and government has the keys and government decides when, where and how the car is used, then Holmes, it's really government's car