President Obama Made a Bold and Decisive Rescue of the Auto Industry -- End of Story.

from Bob King, President of the UAW: http://www.freep.com/article/20120224/OPINION05/202240332


. . . Some say the successes we see today could have happened on their own, as if the credit markets weren't frozen solid and private financiers were banging down our door.

. . . They claim labor got a free pass. Nothing could be further from the truth.

. . . The president's emergency loans weren't a politically popular decision. But he refused to turn his back on us during Detroit's darkest hour. He stood up for us and more than a million American jobs that depend on the auto industry. If he hadn't, this great American industry and city would have collapsed. End of story. Our state and country would be a very different place without the auto loans.

Autoworkers have good-paying American jobs that put food on the table, pay tuition bills, buy homes and keep the American dream alive.

I don't have to tell you that cars made Detroit. But no matter what anyone tells you, it's thanks to President Obama that Detroit is still making cars.


read: http://www.freep.com/article/20120224/OPINION05/202240332