Obama Calls Losing $10 Billion a Success

When I took office, the American auto industry – the heartbeat of American manufacturing – was on the verge of collapse…As President, I refused to let that happen. I refused to walk away from American workers and an iconic American industry.” – The Great One (Barack Obama)

So self-congratulatory, isn’t he? It’s sort of nauseating. Sometimes, I believe that we must live in multiple worlds. One world is real—the one in which Obama is a massive failure, and a self-adoring oaf, and the other is a fantasy world, created wholly by the Democrats. I think this because I’m not certain we can live in a single world in which all of this happens at once. How can Obama and the Democrats continue to have even a shred of support when they’ve done heat they’ve done?

Obama, in all his self-praise, forgot to mention that the bailout of GM ended up costing us $10 billion. All told, when the government sold its stock, they only recouped $39 billion of $49.5 billion. Now, in the grand scheme of things, when we are a staggering $17 trillion in debt, that may not seem like much. However, it is not simply the cash that makes this a problem, it’s the principle.

Ford, unlike the others, refused bailout cash, and came out better than ever. That’s the America spirit. They didn’t need the government to swoop in and save them. Obama’s celebration of his alleged achievement is a celebration of a nanny state in which the supreme, and all-powerful government is always there to help us. He’s celebrating failure. Moreover, he’s celebrating his own power. It’s self-congratulatory hogwash.

Obama lost money. If this were the private sector, Obama would be fired. But it’s not, so he’s thrown a parade. Yay, I lost $10.5 billion! That’s just a drop in the ocean of my spending, so, like, whatever! Obama behaves like a divinely selected emperor, patting himself on the back for no reason other than his very existence. He uses our money foolishly, then when his spending results in even moderate success–or a loss of $10.5 billion—he trumpets his own genius.

In conclusion: Hooray nanny state, I’m so great, without me, you’d all be nothing. Yay me.