A Quote by Tina Brown
It's Obama's bad luck that he got elected just as the mayhem of the foreclosures, the banking collapse, and the General Motors disaster was accelerating the surge in unemployment to warp speed.
Related Quotes
Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.
When Barack Obama got elected, I remember being in Harlem specifically. I remember watching that whole part of town just swell. People walked the streets, but it wasn't a riot - it wasn't mayhem. It was a unified feeling of euphoria.
The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today
The middle class is teetering on the brink of collapse just as surely as AIG was in the fall of 2009 - only this time, it's not just one giant insurance company (and its banking counterparties) facing disaster, it's tens of millions of hardworking Americans who played by the rules.
You want to know whether we're better off? I've got a little bumper sticker for you: Osama bin Laden is dead and General Motors is alive. Osama bin Laden is dead and General Motors is alive! Osama bin Laden is dead and General Motors is alive!
With my luck, if I ever invested in General Motors, they'd bust it to Corporal!
I started at General Motors at 18 years old as a co-op student at the General Motors Institute, which is now Kettering.
It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed.
Well, all across the country, this is kind of sad, unemployment offices are swamped with people waiting to file for unemployment insurance. It's gotten so bad that the offices are overwhelmed and can't function. I got an idea. Why don't you hire more people? They're right there in line. Speed this whole thing up!
What really went wrong is that General Motors has had this philosophy from the beginning that what's good for General Motors is good for the country. So, their attitude was, 'We'll build it and you buy it. We'll tell you what to buy. You just buy it.'
General Motors, General Mills, General Foods, general ignorance, general apathy, and general cussedness elect presidents and Congressmen and maintain them in power.
What is good for General Motors is not good for America if General Motors is moving production out of the United States.
I think it would be a disaster if Donald Trump is elected. It will also be a disaster if Hillary Clinton is elected.
The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.
There was only really one accident that was kinda bad but it was nothing to do with booze, just bad luck... I was having a hard time a couple of years ago... I'm a good driver, I just had bad luck.
It was great to go to Stanford. Until that point, I'd spent my whole life in southeast Michigan, working for General Motors. I was in a different part of the country. People didn't know what General Motors was, didn't care, or if they did, they might not have had a favorable impression. I saw people driving nondomestic vehicles.
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