Added: 9 months ago
From: TheYoungTurks
Views: 17,763
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (213)

Sign In or Sign Up now to post a comment!
  • In a competitive marketplace, companies sink or swim according to their performance. The auto industry should be no different. This was actually the second bailout for Chrysler. They were bailed out in 1980 when Lee Iaacoca was the CEO. If an auto company doesn't keep up with its competitors and not manage its overhead and expenses wisely, then it deserves to go bankrupt or out of business, just like any other business in America. Bailouts are band-aid solutions for fundamental problems.

  • @josephc28 ,,,nice try buddy. lol keep trying to justify a FAILED Romney and GOP position.

  • @tamaolemaa No, its more like they will keep bailing out companies that cant survive and compete against competition on their own.

  • @josephc28 - It is not something that the govt would normally do. However, it was an extraordinary situation - 1 MILLION jobs on the line, and it called for an extra-ordinary decision. It has paid off handsomely with all of those auto companies repaying most or all of their bailout money back now. Those companies are now rejuvenated, streamlined, and more efficient than before. All the naysayers were wrong. Just admit it and go peacefully into the night.

  • @tamaolemaa In case you weren't aware, let me refresh your memory. This was the 2nd government bailout for Chrysler. They were bailed out before in 1980. As for it paying off. The government still owns 33% of GM's common stock. GM's stock will have to double in price before the govt can break even, much less make a profit. So while they are doing better, let's hope this continues, because its not like Toyota, Hyundai, Volkswagen and all the other auto makers are resting on their laurels.

  • As someone who has studied the auto industry they like the Obama administration, there is a automotive economics class taught at Washington and Lee University and they got Govt and Auto Execs come and talk about the bailout. Since the Prof. is on sabbatical it isn't going to be taught in May but if it was the presidential race would be a big part of it. A interesting note is that they go up to Detroit as part of the class.

  • Herman Cain

  • @zookeeper220 Are you fucking retarded?

  • @krypekeeper Check the date on my comment you Fu#king moron.

  • @zookeeper220  so?

  • @krypekeeper Get a life dickweed.

  • lol i think the republicans are trying "not" to get elected lol

  • @dpas2009 I know Ron Pauls for ending the fed, he's the only one. The fed reserve has created 90% of our problems, with congessional spending the other 10%. The fed has been doing things, if you research history of the fed, they fund both sides of ever war. Economy starts going down hill, they create reason for war. They are the real government, they have more power than congress and the white house, sounds dumb but history shows it. Romneys part of this bankster, UN boards.

  • This comes from the same group of people who slammed the Bush bailout talk about a flip flop. TYT only for a liberal bailout even though they all fucked us in the end.

  • When Romney was Governor, MA was 47th of 50 in job creation. He killed jobs at Bain Capital. He is a freaking MORMON!!! Why did I ever think this guy was good? I know the truth now! Obama 2012!

  • @dpas2009 If you actually like this country and the principles it was founded on, and dont want it to be completely destroyed then you need to vote for ron paul

  • Romneys a douchebag. He's flip flopped on everything he's ever said, he can't be wrong he supports both sides of every issue. My vote goes to Ron Paul 2012

  • @Kavenger11 You may want to change your mind. Ron Paul is in favor of ending the Fed.

  • Romney knows he has to look like he supported the GM bailout.

    His entire platform is that he is a smart businessman that knows how to create jobs. By admitting he wanted to let GM go bankrupt and was OK with losing millions of jobs, his credibility as a person with business acumen would be 100% destroyed.

    Of course Romney lies about pretty much everything, so nobody should be surprised.

  • So if Republicunts hate bailouts, is this just another hypocrit flipflop by stupid far-right extremists.

  • ROMNEY=MORMON=MAGIC UNDERWEAR

  • I say Plato should get the credit... I have no reason why, I'm just playing at "who get the biggest one" here.

  • Man these politicians are becoming more assholes than ever before. America needs right now a third party.

  • Ron Paul is the only real republican. Join your local Ron Paul meetup.

  • Obama orders Osama killed and congratulates the troops on a job well done. Republicans accuse him of taking all the credit, and emphasize the contributions of the Bush Administration to finding Bin Laden.

    Obama inherits an economy in recession and spends money to aid the creation of new jobs. Republicans blame Obama for the current economic situation.

    Obama releases his birth certificate to prove he was born in Hawaii. Teabaggers still aren't convinced.

    The GOP is impossible to satisfy.

  • Flip-flop flip-flop! You hear that? That's the sound of Romney on the issue.

  • Conservatives are dying out.

  • Romney's past has more flip-flops than a frat boy's closet.

  • I can't wait to see this retard debate with Sarah Palin, their combined IQ is below 50.

  • Bush killed Osama, Romney saved the auto industry. Obama is a failure.

  • Cenk Uygur - Joseph McCarthy wannabe

  • @owhsht310 What?? What can you people address what cenk actually says instead of making some random stupid comment.

  • @thesparitan He is a joke, a troll, a hypocrite, and fake. Why would you want to listen to this old fart?

  • @owhsht310 Im lost

  • @thesparitan I explained why on my last comment. Sorry, but I can't understand it for you.

  • 2012pack.com

  • I said it millions of times before and i will say it many times now into future: It's pretty sad when Republicans fuck this country up and blame it on Dems, but when jobs are being created, stimulus is working as intended, Osama is dead, etc under democrats, Republicans come running to take the credit for someone else's hard work. Idiots.

  • Romney is a moron whoops I mean mormon.

  • When Mitt gets his own planet, will this flip-flop haunt his Eminenceship?

  • Wow... All. Republicans. Are. Hypocrites.

  • But, of course, Obama won't call Romney out on it.

    Pussy.

  • @DameunPutazo agreed

  • If Obama ended world hunger RepubliCONS would come up with some crap reason about why George Bush should get credit for it.

  • @cne08 They probably would come out and say: If Bush hadn't fucked up, you wouldn't have been elected, so Republicans should get credit.

  • @cne08 George Bush once shared a potato chip with a child, so ending world hunger was his idea!

  • @cne08 Oh my, did you listen to the entire quote/clip from Romney? You guys are so limited with your views. Why don't you listen to the real content instead of taking an audio clip out of context. This YTY guy is about as honest as the least ethical journalist.

  • Mormons put the "m" in moron.

  • @tnordloh This YTY guy uses a headline from a left-leaning paper define a stance Mitt Romney took. Are you kidding me? Oh my, did you listen to the entire quote/clip from Romney? You guys are so limited with your views. Why don't you listen to the real content instead of taking an audio clip out of context. This YTY guy is about as honest as the least ethical journalist.

  • @tnordloh

    Mitt Romney is an warmongering, corporatist, and cynical politician. Yet you chose to take crude shots at his religion? What a bigot.

  • Is there nothing these ass clowns wont say for political gain and power?

  • That is like 2 guys see an accident. One says "Jesus, someone should do something." The second guy runs over pulls the people from the car and calls 911. Guy one says "It was a good thing I was here."

  • It was the magic underwear that got the auto companies to pay back the bailout money.

    In all reality, it's a continuous bailout. I work for a company that makes specific parts for GM, and they forced my company to buy a certain item or they would take their biz elsewhere, this item costs over 10 million, the owner took 5 mil of his own money and got 5 mil from the gov, that gov cash never has to be paid back because of some deal with GM, I'd call that a continuous bailout for GM and my company.

  • Mitt Romney has always been a huge flip flopper. Auto bailouts, Romney care, abortion rights, ect. He will take whatever position he thinks will allow him to win. Zero principals.

  • GM and Chrysler are not repaying shit, you own the fuckers through Fed and the Treasury. These companies will go broke again probably before Obama's turn's up and will be bailed out again.

  • @romanmir01

    U are a braindead Conservative there is a reason Con is in your name all republicans are Con-Artists like yourself have a nice day Loser!!!

  • @romanmir01 LOL I find it very amazing how you brain dead conservatives reject fact and embrace buffoonery.

  • Would you care to elaborate what about this is liberal and just plain fact, "thirtyoneuniform?"

  • i'm glad to see that fat cenk finally started embracing the fact that he's always been a complete liberal, and that there's never been any "keeping it real" about everything he says...

  • LOL.

    U Mad?

  • @zaggers77

    LOL.

    U Respond to trolls?

  • Not with reason, so it doesn't matter.

  • @thirtyoneuniform LOL You subscribe to TYT's just to troll. You obviously have NO LIFE WHATSOEVER.

  • @TheUSMetalhead LOL You subscribe to TYT's just to respond to a troll. You obviously have NO LIFE WHATSOEVER.

  • Every Mormon is a moron apparently.

  • I wonder how much Romney tithes to the Mormon Church, which goes straight to campaigns such as Proposition 8 and other political bullshit.

  • romney is a idiot ...he should associated himself to the healthcare plan but he didnt ...fucking idiot...massachutets is doing well in healthcare and you got to give it to romney ..fail

  • You know what you Americans should do...."Grab a gun, Open fire"

  • Romney is fucking nuts.

  • I didn't think the bailout was a good idea either. But I know when I'm wrong. Obama was right. Props to him.

  • @fatcharlie24 and props to you for acknowledging a mistake.

  • The conservatives in this country are spoiled little bitches.  Whiney ass little fuckers you just wanna bitch slap in the back seat of the car. Instead of a pacifier, you stick a $100 bill in their yappy little mouth and they can suck on that.

  • Mr Mittens......keeps getting crazier everytime.....

  • This video looks like it's from the late 90s early 2000s

  • You know what I think. there is so much SHIT going on in your country, you don't have time or energy anymore to worry about them. Am I in the right direction?

  • Right now Mitt Romney is making love to your Wife while out sourcing your job to China...#FairyTales

  • Mitt Romney is So Powerful that he promised if Mitt Romney didn't win the Republican nomination in 2008, then no Republican would win the White house. He made good on his word. #FairyTales

  • Mitt Romney also single handily won the Vietnam war...#Fairytales

  • Mitt Romney also won the triple crown ,...without using a horse! #Fairytales

  • ...Romney also got Bin laden using only a plastic KFC spork and threw the winning touchdown in the last 4 Superbowls... #FairyTales

  • They paid back their debts... until they need loans again.

    How about next time, we NOT pay them, quit spoiling them for once. Remind them of the Darwinian law- survival of the fittest- of free market capitalism.

  • @cleanhomer -..Except the automotive industry is a global one , so we will then be driving Volkswagen's and Toyota's when Japan and Germany bail out their automotive companies in another global financial meltdown.

  • @cleanhomer Well same can go for big oil and the bank bailouts and we should damn well quit giving the very rich tax breaks. Survival of the fittest, right?  Whatever happened to 'pursuit of happiness'?

  • Obama you got Osama the worst most wanted terrorist and if you don't crush these Republicans who are bigger threat to America than any terrorism, then Fuck You and your bi-partisan crap.

    The Republican hate you, at least stop driving Democrats mad!

  • As two-faced as this is, and the fact that Romney's a mormon (quick reminder: think Jesus was an alien, that ancient Israelites colonised America, and black people are cursed), and a fan of LR Hubbard books; he's Still the most stable and moderate of the GOP's current presidential hopefuls...kinda says it all really.

  • Watch "The Powers of Nightmares"

  • Thank god for Ron Paul. He really leaves all the other GOP dudes in the dust....

  • Go Cenk !

  • Romney is a Mormon, so make-believe isn't new to him.

  • @JDubs878 you misspelled 'moron' :)

  • @redryan20000

    LOL

  • @redryan20000 Was that a joke? Mormon is a religion where they believe their founder found golden plates from God that nobody could see and translated them by reading them a hat with a translating rock. Also he must have many wives.

  • @JDubs878 Good point JDubs, but of course anyone who believes in the inanity of religion also lives in a fantasy world. Mormons, Jews, Muslims, Xtians and all of the other world religions are all bogus cults, plain and simple. Simply pointing out that he is Mormon means nothing, he might as well be Jewish or Evangelical or or or or or....

  • The fail I connect with Mitt is astounding.

  • When things are going good, the republicans want to take credit for what they "supposedly" avocated for. Things are going bad, the republicans blame the democrates. See how republicans play their games. They don't take any responsibilty for the actions. The American people have spoken...republican will be elected out of office 2012.

  • Romney's idea? Romney definitely is a

    rethuglican-republican who wants credit for the auto bailout and can goto hell.

  • @tehutimes1 you listen to norman? "rethuglican" kinda made me think you do.

  • @Teremei I've noticed different titles for political parties & whether they're liberal,moderate,conservative,­etc.

    Don't recall listening to norman.

  • That why we do not need Romney in the white house and he is a Repubican. If the Americans people have brain beteew their ears they will never vote for the Repubicans again for any office the Repubican party is over with for good.

  • Republican's don't understand the phrase take credit where credit is due hahaha.

  • @DAI3792 the problem is that they do understand it,but it's how they apply it that matters. when it's something good they will take the credit due someone else.if it's bad they will make sure to blame it on someone else...

  • @hellshade2 haha i guess your right. Republicans are still assholes though and it still amazes me that people vote these dipshits to represent us.

  • Ok Yeah major Con,

  • Mitt Wrongmny.what a twat

  • Romney is a SNIFFER!

  • hey i have the same tie

  • Romney is known to be the biggest Flip-Flopper in history!! Yeah.........he's got a chance to win the WhiteHouse in 2012!!

  • i got to go find a conservative and learn how to rewrite history, life would be so much easier

  • GM did an amazing job of recovering. We need more good news about the U.S. manufacturing.

  • 0:16 That is really stupid. Who would believe that guy -_- oh wait this is america we're talking about.

  • They are pathological liars. They can't stop lying. We are sane human beings. We won't stop calling them out on their lies.

  • Oh Mittens...

  • Joke indeed

  • sigh...

    ...American politics, bringing high school rivalries to the big screens -.-

  • Past headlines you can read:

    'GM Did Not Really Pay Back It's Loan' - Redstate

    'GM's Phony Bailout Payback' - Reason Magazine

    'Did GM Really Pay Back It's Loan? Sort of' - SeekingAlpha

    'GM Pays Back Loan To US...Actually, Not Really' - RadioViceOnline

    'GM Used Bailout Funds To Repay Loan' - consumerismcommentary

  • @RAMKING61 They pay it back, the trick is that they used some money they put back when being under protection for bankruptcy... Basically using some tarp money, but tarp is not in the same department in the gov't. It is still in the same "family", but at the place of owning money to mom (legislative), they own money to dad (executive) and the accountant (Treasury). It's a question of hat, and there is much much worst than that going on in financial world right now.

  • It seems like conservatives actively seek to take credit for anything a Democrat does right. This reminds me alot of how BUSH TOTALLY KILLED OSAMA BIN LADEN.

  • Mitt Romney is an asshole.

  • @wtfjaftw exactly! we need industry to produce. and at that time, i don't see how the US could save the car industry without injecting money in. which car company in the US do you think could take over before foreign companies getting the whole market?

  • @capriconss So you're suggesting that it's very possible that companies could sprout up, overnight from other countries but here in the US, it couldn't happen at all?

  • @rLOVEutionFor2012 no... i am suggesting that established companies overseas can easily take over. you see european and japanese cars on the street, right?

  • Mitt is a mormon & wears magic underwear.

    What more needs to be said?

  • CENK IS LYING!

    Of course, it's also possible he's just fiscally stupid.

    GM and Chrysler did NOT pay back the loans!!!

    TAXPAYERS ARE ON THE HOOK!

  • @RAMKING61 ahahahahahaha

  • @RAMKING61 Do you have any bigger letters? It's how to hear the words you type.

  • @RAMKING61 ... GM paid back their loan in full... That is a well known and reported FACT... They were reporting that last year. Are CNN, ABC, CBS, PBS, and MSNBC lying? I don't think so. It's far more likely that you are just misinformed.

  • @ChrisTripp You must understand...the BANKSTERS own the media!

    GE(Cenk's boss) owns half of NBC/MSNBC. Jeffery Immelt is on Obama's board of economic advisors.

    That's FASCISM(the merger of corporate and state power), which is a corporatocracy.

    We are supposed to be a democratic Republic.

    Read 'Confessions of an Economic Hit Man' to understand our new corrupt world.

  • @RAMKING61 You obviously know nothing of TYT. Cenk has been saying this since waaaaaay before he made any money off it. He just recently joined MSNBC. He speaks the truth.

  • @RAMKING61 how much koch paid you

  • GM AND CHRYSLER DID NOT PAY BACK THE LOAN!!!

    IT'S A SHELL GAME!!!

    Read the story by Edward Niedermeyer about GM and Chrysler:

    'Unless Americans develop a sudden obsession with G.M.’s $40,000 Volt electric car just in time for an I.P.O., TAXPAYERS will be stuck with TENS of BILLIONS of dollars in losses.'

    'Fiat, which effectively took control of Chrysler in 2009 and now has a 30% stake in the company, is in discussions with major banks and the government for the refinancing.' - 4/11/11

  • I know plenty of libs who bitched about the auto bailouts, even. And lemme tell ya, here in Michigan, we're pretty damn glad we got those bailouts, and the money is pretty close to paid back. Unlike the banks. The auto industry... UNIONIZED industries do a lot more to create jobs and secure their own finances than these banks clowns.

  • I hate disagree with you, Cenk, but Romney's flip-flops are not why Republicans also dislike/hate him. They do because for a right-wing enough for them. In other words, despite how ideologically crazy Romney is, he is not crazy enough for Republicans, who demand extreme craziness. I know people who call Mike Huckabee a RINO, for Cthulhu's sake! Romney is like the sanest person in a sanatorium for the criminally insane. That's why there is the red state hate.

  • @wtfjaftw i actually couldn't see which US company had the potential to take over if the government didn't intervene. look at the UK. they lost the whole car industry. they are still doing fine as a country. but again, i don't know if it is what you would like to see in the US.

  • And Mitt Romney is suppose to be the frontrunner?

  • @aar0n262 The GOP basically has no front runner.

  • @TheYouthHeroic oh they do, the elephant that Edison electrocuted decades ago.

  • @TheYouthHeroic In 2012 Jesus will descend, draped in US flag and carrying a Colt. He will shoot Obama in head, make love to Michelle Bachman, save Bristol Palin from Arabs, and win by the biggest landslide evar.

    Thats the Republican 2012 strategy.

  • @TitParty I HAVE SEEN THE LIGHT! HALLELUJAH

  • @TitParty Dude, now I hav cola all over my keyboard. lol

  • @TheYouthHeroic Yeah I know but Romney, at least at this point in time is sort of the front runner.

  • When did Detroit ever have money?

  • American People Still Didn't Get A DAMN BAILOUT!!

  • Conservatives.... being more criminal...telling more lies ...as the seconds go by.... join us to help the US become more ignorant!!! 2012 !!!

  • I hope Romney was wearing his magic underpants for this one.

  • GM and Chrysler fucking suck.

  • I think it's obvious that Republicans don't believe in stuff like Cameras or the Internet.

  • @wtfjaftw right. if the government didn't save those companies, others would certainly take their places, like Honda, WV, Toyota. it is simply a matter of taste whether Americans want to see this happens

  • that fucking idiot mitt romney why dont go and put his magic under pants on with that bull shit...it was the president idear mother fucker

  • The GOP's hubris is astounding. Do they not realize what century we are in? All we need do now is cut to the video clip and their lies are exposed for all to see. Gone are the days when politicians could tailor their flip-flopping positions according to their various audiences.

  • @dafttool But most of their voters are uneducated individuals who don't think for themselves. They just buy whatever the GOP is selling, including propaganda and flat-out lies -- anything that's against those evil, devilish, left-wing, communist, socialist Democratic party. I can guarantee you that there are millions of people who vote Republican will also argue in favor of Romney, despite any evidence to the contrary.

  • @dafttool

    Its because they're old and out of touch. The internet is a "Series of tubes" to them which they simply cannot comprehend.

  • @dafttool The gop and democrats can do anything they want. It's not like there is any legal recourse or anything the people can do about it.

  • @dafttool Unfortunately, they realize all too well that there is a large enough segment of the population who watch AND BELIEVE Fox News. The GOPs realize that they're in control of a great, big puppet. They show such hubris simply because they know they can.

  • @dafttool no they are living in the stone age this stuff started all the was back when Clinton got out of office lol they even tried to pull this with the death of Bin Ladin

  • A standard tactic of coming out early with half truths on known failures, then put some time on them and then refer back to the half truths that weren't criticized as fact...problem is,unlike prior campaigns, theses fails were epic and won't be easily swept under the rug...I can't wait for the GOP line up to explain how their policies didn't crash the economy...hey, speaking of rug, nice hair cut...

  • @imataxslave The problem for Romney is that they will pick up on ALL of his lies, too many bloggers and vloggers want to become the one that took down a presidential candidate, that ALL the lies that all of them commit will be picked apart.

  • "How can they say that?"

    Cenk, there Republicans.What the hell wont they say

  • @biggydx It'