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At Town Hall, Congressman Denounces GM Bailout That He Voted For

Posted By admin On September 7, 2010 @ 3:07 am In U.S. News | Comments Disabled

Breitbart.tv [1]
Tuesday, September 7, 2010

Democratic Congressman Peter DeFazio spoke at a town hall meeting in August. He criticized the bailout of General Motors and the fact that GM is building a new factory in Mexico despite the fact that “we still own 71% of the company”.

Rep. DeFazio labels the GM bailout as the “Paulson-Bush-Pelosi” bailout that he did not support. This is a clever bit of slight-of-hand. Although the TARP bill, which was passed under the Bush Administration, included loans to General Motors, it was not the legislation that “bailed GM out” or resulted in the US Treasury as the principal shareholder of the company. That legislation (Auto Industry Financing and Restructuring Act) was passed in July 2009 under the Obama Administration’s leadership and Rep. DeFazio supported it [2].

At Town Hall, Congressman Denounces GM Bailout That He Voted For 310810banner1 [3]

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URLs in this post:

[1] Breitbart.tv: http://www.breitbart.tv/congressman-denounces-gm-bailout-that-he-voted-for/

[2] Rep. DeFazio supported it : http://www.govtrack.us/congress/vote.xpd?vote=h2008-690

[3] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[4] Having A Supply Of Healthy Foods That Last Just Makes Sense (AD): http://www.efoodsdirect.com//index.html?aid=14&adid=43

[5] Congressman Demands to See Constituent’s ID Before Allowing Town Hall Question: http://www.prisonplanet.com/congressman-demands-to-see-constituent%e2%80%99s-id-before-allowing-town-hall-question.html

[6] Veteran At Town Hall Tells Congressman Boren: “Give Me Liberty or Death”: http://www.prisonplanet.com/veteran-at-town-hall-tells-congressman-boren-%e2%80%9cgive-me-liberty-or-death%e2%80%9d.html

[7] Cops Confiscate Cameras at Ohio Congressman’s Town Hall: http://www.prisonplanet.com/cops-confiscate-cameras-at-ohio-congressmans-town-hall.html

[8] Town Hall Meeting with U.S. Congressman Brian Baird: http://www.prisonplanet.com/town-hall-meeting-with-u-s-congressman-brian-baird.html

[9] AIG Dips Into Bailout Fund Again, This Time to Repay New York Fed: http://www.prisonplanet.com/aig-dips-into-bailout-fund-again-this-time-to-repay-new-york-fed.html

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