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Obama Motors
Title:

Obama Motors

Published:Tue, 31 Mar 2009
Description:Tom and Todd talk about the pros and cons of Obama Motors....
+Automatically Generated Transcript  (may not be 100% accurate)

" Experienced and between that the socialist and the and the pseudo conservative you take the pseudo conservative wouldn't. Ice I I suppose I had to make a choice but it's -- it -- it's hobson's choice it's a crappy choice and they you know my view is that the government should not be doing this Internet and that's because they it should just be absolute even in time a crisis you you know analogue out hedged a little bit on this because on the on the financial side of things. The every business every industry and every consumer. Is is somewhat dependent directly or indirectly on the overall health of the that the the economic system the financial system. We need that credit we need debt capital for the little florist a pizza shop as well as for the big fortune 500 company. And so -- is I think a legitimacy to the notion of too big to fail with -- got for the auto industries the the auto industry era on the automobile manufactures that out them. He based in America as well as abroad who can't do make good good guys let bankruptcy code to what bankruptcy court does well and some businesses fail every day but that's a fact certainly what the resident is down fail what the president's doing is saying go to bankruptcy if that's what it takes. And -- to get this thing -- Marley and will kick in the Donnie always nice hasn't said no he hasn't said that he and he said thirty days for crisis sixty days for GM. We want to continue to review we don't think you are revision plans idea Euro whatever that -- is new here in new plans Mara are acceptable loss sufficient. Cool I mean who put him and I know we listen I still want offering the most the president but there is no one in this administration who she has shown Indians through any body of work in the Iran Korea's that they have the capacity to evaluate --"

" body of work in their courage is no longer the issue the issue is the government is doing bail outs if the government is going to be handing money over to the car companies. Let it be based on a good premise a -- this is a good primus for doing it that is tough love you guys better shape up. You guys better cut you'd have to get the terrible CEO's like why -- out there who's so we're just going also."

" Is it Barack and Michelle after -- they sit down to business plan and they -- back and forth and what's -- what's best for GM what's the alternative and in what how quickly they're -- service Mike I want to bring in the warrant -- the United States government does not gonna back up the -- and warranty -- what on the concept that you said you don't have a from what the premise. No it's and I don't have a problem probably the premise on the financial. -- service you don't have a problem with a premise and a bad economy in a crisis like we're in now with the government stepping in with money. -- But that I don't it Chrysler products for is if they're no longer available because they went bust. I'll find something else so your position as the President Bush capitalist shouldn't have provided the money. To -- hold the GM over to this point I think we -- let them fault that it was a mistake and I think it was a mistake. That had its Genesis. -- There's -- and is not good intentions behind this shirt is a way without him getting yourself too much in the -- game management the day to day decisions saying but the president the United States is talking about why are these. This is -- soccer it. Yeah I don't embarrassing moment this is probably observe what the -- was -- same sentence still -- the other -- to Somalia uses his bracket -- I suppose this makes the president you know one of us -- something like that -- faster and I want the president to be something better than the rest of us and less -- that means his bracket -- should be more accurate than everybody else entirely until all the others by the way I think he's at UNC does and he said he's still alive isn't I think --"

" I you know I Cheryl your concerns I think -- a financial crisis the idea of having a million jobs go away. I don't think I come to the same conclusions Barack Obama woods. But I would be if I were president I would be in there I would be active I would be saying. Let's sit around together and figure out a way to restructure these companies and get the moving forward staying alive. That doesn't mean dumping a ton of of federal money in. It doesn't mean. -- merger with the federal government but it does mean you don't blow the opportunity. At this moment were jobs so critical while."

" And in so then right after you finish that very detailed. Almost them in decipher bowl type of action plan. That it is best left to western people familiar with the industry even though wagon as a -- on fraud and a lot of the others drove their companies over the -- then you stop the conversation on cap -- right after you -- that easy ones that he moved to health get. While you're gonna be one happy camper --"

" Oddly enough overriding Obama present hopefully all Goodwill towards Barack Obama will dissipated by -- and those other things won't follow 6172666868. What do you think about Barack Obama's. Approach. Two bailing out Chrysler and GM now clearly."

" This is better than if they just -- attack isn't it or are you saying the government intervention is so bad you'd rather hands off let them go look and if if the American Ratajczak which they obviously did not yesterday they said crises are -- get -- you -- right oblige I do think they're getting some operating money to keep -- thirty and sixty days a detective some of that India. Or at least something is it's a rejection of what they present at the president dust. I'm puzzled by we I ago when I -- to have the warranty problem and I show up but the GM dealership yeah they say. Well you know we're no longer operating because there's a governmental warrant Leo what -- domestic Atlanta's operatives bill Dalai hunt's office -- go to. You know John Kerry's I mean this is -- you're -- The -- the United States gonna."

" I won the honorable BI wanted and then -- argument now I I 2000 miles twelve cause I think the media misrepresented. That warranty thing and I think all he's saying is. You can trust to buying an American car. Because no matter what happens to those companies they'll. Barney Frank ever does something for."

" What -- say as plainly as I can opt out. If you buy a car from Chrysler or General Motors. You'll be able to get your car serviced and prepared just like all its 61726. Essentially -- 6860 factor will be safer than it's ever been because starting today the United States government will stand the."

" Mind you go -- this is the president. Free didn't you and I imagine Jeremiah Wright albeit very -- I don't think that's that's pretty funny don't I want to see Barack in overalls with the oil stain -- this in -- you know the big ranch style -- you -- your car -- met the man who -- this garner has a war on and you need a little alignment yeah right -- alignment dollar right now I know who's gonna -- life. I know -- on my side on this John and lol. Let's say let's try to bet he says hello ties with half a good morning John. Mark fox -- John."

" You know some problems that the visually body likes -- on my -- I -- girl. Correct I was com. You should be -- it to wherever it would boardwalk out by the studios and I -- more -- Who voted. You know -- get -- the stock market got in a month ago what -- right. Remember that I'm looking -- the -- are -- go -- and I -- an intense is the time and I read it. Remember these words are you not a socialist -- diplomat Czech Republic and -- Pop up completely if I'd fail I don't have a parachute I don't want a -- should. I get properties like that -- apple already without these it if you go back to work."

" There are quick points number one right now like the way out now where Barack Obama is back. -- you have to stand on its own speed and not the award of the state. Wired all right well hundred million Democrats that we edit the setting well insults are dedicated -- read about it'll basically -- war. State but it's not all right yeah I I and that he expects from the stand on the feet but he does have an expectation -- the -- constituency. That's noble war. Twelve months ago Mitt Romney wrote an -- at the Wall Street church -- concluding that you know what the control bankruptcy. Maybe it'll -- which you have to get out from underneath. Order you know arguing in demand that they have been you know all that they make it right there now. -- Barack Obama. I think that come for the same conclusion."

" You've got to explain why it would have been why is -- issue every adult eligible arrogant a million dollars."

" They would have paid off at how they would o'clock they would have. They -- bailed -- and I don't it would cost what maybe 200 million."

" To give everybody every dollar billion dollar every adult every adult she -- not every child young adult. Property owner so ultimately if their hundred million adults. And you give a hundred million people a million dollars and on the labs and we will call the last line animals schools of this my OK so this will take you don't you sent a hundred million adults who 300 million or else you work on the map. -- C -- find something to Fella and I'll even help you. Let's get too worked 100. Million innocent 122. Dependent upon how we're gonna do -- an architect and project to act and act and a double -- left. Threat that I want to watch you do this he's just put."

" Be clear. The United States government has no interest in running."

" GM. We have no intention of running -- What we are answers and is giving GM an opportunity to finally make those much needed changes that won't let them emerge from this crisis is stronger. And more."

" Competitive stuff. Yeah that's what sets pentium the what decisions they have to make in order to have the hundred K better and stronger company. Then president Barack Obama what he did community. Organizing he then ran for the Illinois State senate had a remarkably undistinguished Korea this. Stop for a couple -- United States senate and was elected president of the United States you grant that and -- of the."

" You ever give up American -- your desire to bash this performance with half a -- you ever let go. Where -- you still are not about Louis is as an individual his total lack of our preparedness for this job. It's about what the government should do beforehand -- money were you happy with the idea of them giving me IG all that money without any conditions. Was that a good idea. -- Every adult in the United States one million dollars pay our mortgages by a -- people would do audio deputy sheriffs clerks voted -- a lot of things that the ago they'd be a lot of -- Foreign -- to be a lot of economic action so Jan I didn't -- I assumed 120 million adults just yeah -- so nobody does but I 120 million. And I multiply that by a median I believe it's 120. Trillion. Dollars yeah define that was sold that to be on camera even Barack however won't get -- that -- July -- he won't be at that price if you if you gave. Some. I think -- premises correct. -- if you somehow knew. Starting a year ago when you started dumping -- did they start -- like a trillion dollars a year ago right the the dubbed the Big Three hundred all checker got eight or whatever was ever going to got. That was the beginning of this -- now put two or three trillion dollars and if that money were taken and mailed to I don't I would say a hundred million people in each one year thirty million people who would you know dogs spend at that would have been a much better thank you are doing and then who would you have given it to the people who paid -- IE meeting you -- earnest and taxpayers don't know because in the bottom of Imus may not think the premise of this on welfare. The premise of this wouldn't have anything did did their only issue would be. What portion of the population. Would most likely turn that money over quickly. -- That's our right as long as it fixes he while limitation on government not an expansion on at the I want John welcome to call back and -- talk about the drama and a sense uranium. -- and -- the idea of spending our money is offensive. To give to anybody who doesn't deserve your whether it be financial companies on Wall Street offensive. Auto manufacturers -- been making stupid decisions for years and building it and the unions who screwed them. Offensive to give them the money it's offensive to give it to anybody. Okay but is so let's -- compounding effect no I want those who -- it -- I want to males is okay -- have a spent I want to make sure we get the benefit that we look and I say I'm having -- the offensive thing not ended so -- we look at the car company -- are -- happy recruiting your first cabinet -- Little -- would like coming around when it was that you would like what this guys cook and half half I'm not like the -- On but I'd like I think as bail outs go this is a good bit in and I and you like the idea of Iraq backing up you know out of Iraq I don't like the idea of him being anything other than state senator from from Maryland Illinois under that was I think Michelle Barack Joe Biden who's going to stand behind them immediately Pelosi and overalls is an -- if Michelle does not wear sleeveless dress I'm comfortable with her doing -- But -- the -- thing on in the short scored enough already with -- her body I'm not interest. 617266. So the question is ready to bail -- says it's a bad idea ice -- the this is good this Barack Obama adjusting to the negative response he's done a tough -- a lot of bankruptcy -- months ago while that's true I agree with that but he's pushing it more towards the bankruptcy court will see what happens Richard -- your NW RKO."

" It we don't really you don't step Great Britain rhetoric. Actually -- it would have been so great -- let's just say you. It modestly 10000 -- first that would mean any of the out 100 billion that he are pretty country -- now."

" Always always wear red trillions -- trillions real trillions before we finish count 10000 oppressed and 10000 for every adult that's not a bad -- could go twenty or thirty I think and really spur things rich good up."

" Right now are considered so what what what ignored also ought acute nobody goes spend it anyways because that's mentality most people -- Bonaparte the biggest -- yup. All right so are actually look at about a stimulus -- what they did did now what you said is everybody so afraid of this government in the way the economy -- they're not going to reinvest in the pocket execute them well now to the beach Sunday. Do such stupid people retract even the rich money or bop it -- gang saying the state -- right. Correct yup well if you David service or people. You know court had just you know just I just want to live. Enjoyed it nobody being why can't they were written that they don't like say grassroots specified cause it's when he goes there. And ticket -- got the ball and and the government -- it just you know they'll go off to a --"

" so so what severing this around your conclusion. He he thinks the idea of -- repayment from the government good cash payment 105101520000. Is a good idea median is too much. But you -- La -- 120 trillion. As a as a bailout -- that's La La La land but something significantly less but more enough to stoke. Would you and I -- he -- to do what it's not bad I think you're rich you know how is that that it is going to moderate talk works it's a make up about six or Christmas but this is 666 -- it that it -- going to. Yeah -- WRKO time inside."

" Hey guys that has the club reported serious point -- except Iraq so smug sons. Free book right. -- it was next -- to."

" Is this blog is at the new blank you with the holes in them."

" This guy you're you're just a oh my god. He had a serious point to Kirk's real lighten up on this button. On a power trip this kid -- is on -- yeah that unbelievable Jerry lol hopefully doesn't go -- to close to John and all the path I Gerri good morning."

" Good but hey demining I don't know how true are but I question every morning -- I've heard him quite recently. Quite a bit I'm really proud which are responding to -- handled it out problem. And most across yards don't understand. What a trillion there is. Basically speaking yes. You'd take. The Chrysler is odd as that zero area ambitious 2000 and ninth. You wouldn't step. Really if you spend a million dollars today. It would take another 725. Years to. Actually expenditure."

" All night god meant and that is and that's and and that's an amazing way to put it. At a median dollars a day. While -- to cut him -- to. We're disconnect had a may have caught up but I think that's why can't block house and did not sign of six days as I understand this -- announced in the math I'm not get into my week shortages are revered Georges is good what Barack Obama is doing with the car companies."

" The -- which you're helping open a business and more importantly I think these are areas. The redistribution of wealth spent all I would -- on the right here by our album. Per person code we have greater economic duration that was perhaps more people woke metal and -- all. But not -- better receiving your. State -- federal -- I think that it needs to be some sense of redistribution. But not like government -- should be RD average person's work."

" So on the bailout. They do it do you have an opinion on what should have with the car companies."

" I should it be should be -- uploading -- old thing and I think in addicted people would be able to renegotiate with unions. -- local part of with the Japanese it would not matter what determines who actually up left for our. Per unit cost -- that what they have air America."

" Yet this is what's interesting about General Motors General Motors makes his many cars as is Toyota so. They're making a product that's good enough for some large portion of the world to buy their cars even though they're not ideal not exciting cars I don't think. They sell a ton of them the promise of stuck with these legacy costs bankruptcy. Freeze them from the legacy copy -- it cost but the thing I don't get is let's play the scenario through. If GM ends up in bankruptcy. And that frees GM to break things up and maybe sell off parts of the company. May be keep apart newer green car may be just keep the volts as as an idea what happens to all those legacy costs who's got to pick those up. Tom's doing math he's still try to through you try to figure out how much we can do per person."

" I'm doing a hundred and China to 20000. Justices went into it because they do so far along is -- quite hot and look who's back look who's back the million dollar all lady. --"

" I can lower the amount but. Eliminate every title but in -- permanently out our security now well they. Nothing -- lol you take your money you invested it wherever you're getting nothing from."

" I know. -- No it's easy to become a stay wrap -- does like five dollars -- thirty seven's they wraps up I don't -- a -- union leader why now."

" Adding integrated did bell batted it out through."

" Do they really just like the post office is going to do this is that what I -- upon another war torn paper deliver. And -- thank you Jan 617266. Exceeds 68. What should happen with the car companies are you upset by the take over see this to me is that the president is reacting. Too I'm heaven -- fallen apart quite well how honest to god. Iraq and Michelle it's gonna be the going to be like the burning unifil of the auto and it's hot it is. So if you if you buy GM car next month you're gonna get a free month welfare thrown. I'm. What do you think about the effort incentive or as an option an extra month of unemployment benefits -- food stamps and welcome popped. Right and a few water -- lobbed the ball picked up -- that's going to be great every stereotype in the world I'd like your idea about Bernie infiltrated -- cut -- Barack says or our new GM car this year and -- and a free and a dramatic up. It slices it -- says. Just put it doesn't add tomatoes are yet to consent presumably have bag in the -- not -- well it has. I like Obama is that's how -- it. You what was the other one the F -- real right the real automatic -- Henry element. I really like Joe Garagiola and everywhere he'll be everywhere I want various arsenal in the -- I wonder if you will the -- from mayor -- human yeah I wonder filled. Take over -- box empire by -- to amend -- cut out the middleman. We get itself just because Hillary -- And telling to bring it feels Barack and Michelle's used autos of my -- drug going to be used his or going to show. -- opt -- in the beltway that if I become law did you know that section of Pennsylvania Avenue they closed down because of the September 11 to Asia to let up with arsenic in the Smithsonian. Smithsonian because of the backup locked up -- that'll make this world it is underneath that's exactly right. That you can go from all yet."

" It's as the Edsel and 57 but now we have a new model we have the Barak and Michelle mobile this is insane there's our route as a -- in saint. You know what I'm computers we have that we have. Our audience I know while Barack Obama supporters Cavanaugh I don't know that was set -- but I say it anyway so -- the -- that the other thing yes. We the Obama supporters is this what is signed up as far as us what you there hygiene notice nobody calls anymore it is -- to tell us how excited they nobody defends burner anymore because I -- defend the indefensible. It's I think even the most rabid Barack supporters now realize. That as much fun as it was during the campaign. To stand behind. The guy who was glamorous and attractive 2554 demographic for -- for the media. -- and its its absolute lunacy to Cameron in the country the president does anyone dispute that. At this point I don't accept the NBA to be interest and take some calls and gets them I guess some opinion on that. There's no question about it that the pot of the embraced out of the enthusiasm in the embrace for Barack Obama was a direct. And negative reaction to George Bush no question about it now George -- up the states are now. He had got what you want it. He allowed folks it is what is it march 31 the -- one quarter and it and well not not I don't think you could ever have a more visited. Portrayal of the difference between a marketing campaign in the product you know it's like he see that after the new car and you lost after for years one save the money you don't buy it. After you -- it all you have is a car and so on they have yet it's just a car that's audio and he had to make a decision on that was rational all voters will always choose poetry open rose they'll choose music. All the poetry and he's very good at moving you up the emotional scale. Because he's he's an American guy he's a charming guy he's an articulate guys and it's that you don't get him paid I think absolutely precisely already. Laura Ingraham should call some classic college president yeah he is he can't -- just president of Carleton university up professors I like that classic. He's he's bright enough to carry -- an intelligent conversation he's engaging enough. He can talk on both sides of an issue but you want leaders. And at a time like this the nation needs leaders not not -- automobile mechanics and chief. He's like now they had -- himself they had mechanic yep -- warranty will be will be validated. By the United States governor let's get no calls on this eloped the -- 617. 66686. The radios by the way in the GM cars are only going to get Voice of America."

" Mario weekly address yeah sorry to elude Mario yeah buildings and you're on WRK a good morning. Yeah a barrio."

" I recently -- Europe -- your desire for Barack Obama I'm glad you're. Are you you over the all about Obama would've been great dole that he was going to tell everybody your army easier right."

" What do but it may it was my it was my pastor -- I'm just a better way to what I saw yesterday on the auto sales and some of the other things and cap and --"

" when I can you -- or targeted had in our daily got experience does your expertise. Our queries all."

" Murray you have to remember very clearly you're a big guy -- good lesson we love you went to when you call I said all along he's the most inexperienced guy of embassy Brent the president. This is a classic case of the American electorate. Falling fought a sales campaign had said that NASA has set that I hundred I -- I tell you the truth don't Mario he does speak a lot more harshly about Barack Obama when the microphone is not a -- you stop you I do not the I've never heard you say on the are these complete fraud. And I say that privately only every time we go to break now that day Arab South Dakota is a complete -- I'll what did you see what -- maybe half right how -- toxic and a half I. Hi Ali Salem good morning CEO of fraud of some sort."

" More general but if you live -- yeah. I'll spat it out. -- and it has targeted stimulus package yeah it's -- Obama it."

" Half monologue that's I just BLI and that is truly tab we don't use Jason does have a pop up. Why de LA and it's on 1:28 met a good morning Peter you're you're anyway to buy a new car. I've interviewed around 128 eroding only minutes from the auto mile."

" Yeah ask about my -- Atlantic. But I'd see -- Obama's statement about -- tired and I hope that the driver and a political outlook on the basis. And I admit I have not made up my -- bumper sticker it generates what AP that the third in about Mike are now."

" They always go there -- one of those to those compass that has become fashionable I saw one for. Next year of Torah or ten I think it's one. An Obama sticker for no no no 1610. That's for the governor that's -- devolved. Which -- sticker is irrelevant when it whenever when he runs out you mean a 1610. Let's go to Mike in Brockton Jackson WRK a name like."

" The morning. Each of our troops -- where constitution does that say that the federal government to take over private business and -- Operation. You name it I mean. It just doesn't seem right that this is a very dangerous slippery slope that okay they take it over the auto industry they want to take over the banking industry what's next."

" It's terrible slippery slope and it's reflected in his budget might get some good college -- very serious point that you -- collect and in his budget on that -- and I didn't know there -- aspects of this instance saying there are aspects of this that are extra constitutional but but I you know -- when there's when -- emergencies I think we cut slack for a we always oppressing -- we always have during -- alike and you make a good point when what could be obedience perhaps in the -- trillions of dollars in two private companies. Yet the government does have to have a say where an eighty proclaimed shareholder NE IG get to Asia -- sent to there was outrage over the idea that we have put money -- companies and we hadn't set standards for the use that money and expectations for the for the acceptance of it. And here in theory have Obama responding to that. And doing what should be done which is if we're gonna give you money here's what the rules of the game our first off the moron Wagoner is gone. The guy he's worked for thirty years it GM -- his -- in the that the CEO for years you know face the music and -- it's gonna be in new -- I don't want any government money on GM if they're not going to revamp the company -- and something -- now I I wouldn't be I'm I'm not entirely -- the idea shutting them off altogether letting them just -- I received -- it happens right -- and that's a sign of -- I'm just excited to not a terrorist period for I'd I'd almost prefer. Giving them money to keep alive for another year and then letting them fail a year while going to -- and pills we'll talk more had a tough enough WRKO. --"

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