EDITOR: Joe Biden was giving a speech a minute ago, and he was rallying his base listing his administration’s numerous achievements. One in particular he singled out was, his words, they saved Chrysler and GM from bankruptcy.
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What do you call it when the government seizes a company, fires its leaders eliminating the value of stocks to its shareholders and reorganizing the company so that the union now receives a majority share? Isn’t that bankruptcy?
What’s next Joe? Feel like bragging about the 1300 Chevy Volts that are now on the road? Brilliant.