Quote:
Originally Posted by Happy Monkey
I'm having trouble parsing the conspiracy theory here. It seems to say that Obama shut down one black dealer for not donating to Republicans, or shut down one Republican donor for being black, neither of which make much sense. Or maybe all GM dealers were Republican donors except one black one, who is now the only GM dealer left in the country?
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Yikes! No.
Numerous dealers had to be shut down, due to GM's fiscal crisis. They had a number of dealers that had to be closed.
To achieve that number of dealer closings, Obama made sure that every GM dealer selected for closing, was NOT a contributor to his party, EXCEPT one black dealer.
The Unions made out because they now are part of the ownership/management of GM. Democrats made out because their dealerships were left open.
Stockholders in GM were screwed, although by law, they should have been protected in some cases.
And the Gov't now tells GM what it wants them to do, since they own a portion of it, as well as having extensive regulatory powers.