Obamaspin

U.S. President Obama chortles about another of his huge personal success stories. He tells the world that solely because of his genius Detroit’s GM has gone from bankruptcy to first in auto sales on the planet. He doesn’t mention the GM share holders who were wiped out completely, or the fact that Detroit is still teetering on insolvency.

He doesn’t mention that GM automobiles also come from China. And he neglects to mention the collapse of Toyota auto sales. The Toyota sales collapse is the only real reason why GM might have regained its former worldwide sales leadership position. Not because of a gain for Detroit, but because of a loss for Japan.

Lies piled on lies....that’s what wins U.S. elections.