Even as bumper sticker slogans go, it was a bit dubious from the start. Now it looks like it was actually the other way around.
The claim seemed bogus from the moment the angry mob in Cairo chanted “Obama! Obama! There are still a billion Osamas!” right up through this month’s resurgence of al Qaeda in Iraq.
And as far as GM goes, it appears that rumors of its survival may have been exaggerated as well. Despite life support efforts that included the removal of crushing debt from its books and infusions of billions in special future tax breaks, GM managed to lose one-third of its value in less than 2 years. And now it’s official: GM really hasn’t made a car in the past 20 years that hasn’t been recalled!
GM wouldn’t exist today butt for a U.S. government bailout; apparently the same can be said of al Qaeda in Iraq. Maybe we should stop bailing out losers at home as well in the Middle East. And here’s another idea: how about we focus on taking guns away from al Qaeda instead of U.S. citizens?
Cross-Posted on Patriot Action Network