Saturday, April 24, 2010

Obama Speaks on the Recovering Auto Industry

Update on the silence. GM still owes $60 billion and it's not certain if they intend to pay that back.
Funny, for all the hollering about government taking over the car companies, there was virtual silence when GM announced Wednesday that they paid off all their loans--with interest-- to the government. The auto industry has added 45,000 jobs since the downturn, says Obama in his weekly address.