And if that wasn't clear enough, the lede says it all:
General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June — five years ahead of schedule — and could report a profit as early as this year.Now, any reasonable person would see that and say "yea!" This is clearly good news. First, we're told that the bank bailouts are predicted to turn a profit, and now this. Anyone who loves America would surely see the positive nature of this news and celebrate.
And then there are Republicans, who were assured that this was all part of Obama's evil plot to take over America, and insisted that we boycott GM because "every dollar spent with GM is a dollar spent against free enterprise."
In other words, they wanted a giant American company with tons of suppliers and employees to suffer, as well as a huge loss of taxpayer money, simply to punish Obama. Brilliant strategy, guys.
General Tso's Motors
At the 9.12 Project last May, they asked the poignant question: Is General Motors About To Become General Tso’s Motors?
Well, it looks like we now have our answer. Yes, it is. And just as General Tso's Chicken is quite popular and delicious, it looks like General Tso's Motors should be showing a profit and the taxpayers will get their money back. And naturally, all the Tea Partiers were quick to admit the err of their ways and swore to never again let their fevered imaginations get the better of them. Or...not.
Here's a miniscule sampling of Teh Crazy from people responding to an article showing that they were wrong:
Thanks to Naked Marxist Obama's policies...we have the most phoney/idiotic President since Jimmy Carter and he's 10 times worse than President Bush II. Marxist President Obama will be a lame duck after 2010 people!!!Anti-Obama Compass
The GM that made America no longer exists thanks to the UAW. Obama bailed out GM with our tax money so he could give it to the UAW as payback. These socialist liars realize they will never have another chance to kill this country so you had better worry! November can't some soon enough.
The gov't should not be in the car business. Since when has the gov't ever ran anything that would show a profit. Should have let GM fail instead of a bailout.
Dear GOD please let GM fail and shut down for ever so there will be one less Obama government take over company in this country. BOYCOTT ALL GM PRODUCTS.
The bail-out with taxpayer money was money well spent, eh? Nothing is "too big to fail." It is failure and adversity that develops the character and strength necessary to survive. You learn and move forward.
Barack-ski inherited the auto industry problem. But like all the other problems, the solution he chose were all his. What a waste of tax $ to become owners of GM. Helped his precious unions though. He forced GM creditors to take a bad deal, ended up owning the company with the unions and now is forcing GM to build clown cars that nobody wants. Jimmy Carter Part 2.
Now, you'd think from these comments and the hundreds more just like them that GM had gone under and we had lost all our money. But no, this was a positive news story, yet none of these people seem aware of it, while many continue to demand that we boycott GM in a desperate bid to snatch defeat from the jaws of victory. One commenter apparently believes that Wall Street will reward Ford for not accepting the bailout, as if investors care more about supporting moral victories than making money.
But of course, that is how these people think. Their boycott went against their own interests, but because they wanted Obama to suffer, they supported it. And quite a few of these people insist that we boycott all American cars, and in a mindboggling display of idiocy, offer strong support for Toyota of all things. Toyota?! At a guess, I'd say they're outraged that the government punished Toyota with a heavy fine and feel the need to subsidize the company any way they can.
But that's just how it is with these people. They don't understand the markets. The concept of "Too big to fail" eludes them entirely. Even the idea of saving American jobs is foreign to them. No, all they understand is opposing Obama. They've got an anti-Obama compass that points away from wherever Obama is, and that means they want America to fail while supporting a Japanese carmaker who kills Americans.
Moral Relativity doesn't begin to describe these lunatics.