Obama: Let’s Prop Up Failing Corporations

Obama has a new ad called “Revitalize” in which the narrator criticizes John McCain for not supporting government loans to the auto manufacturing companies. There is no reason to support loans to car manufacturers who are not able to meet the demands of the manufacturers; American car manufacturers will be able to get loans from private businesses if they deserve them. All these loans would do is to funnel money from taxpayers to big inefficient corporations.

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