A Message from Chairman Greer Regarding the GM Bankruptcy

A Message from Chairman Greer Regarding the GM Bankruptcy

Friends,

The bankruptcy of General Motors is an unfortunate circumstance for our nation. My heart goes out to the individuals and families, particularly those here in Florida, affected by GM’s bankruptcy and the ensuing government takeover.

Back in February, President Obama said the federal government needed to bailout GM and Chrysler with $20 billion of taxpayer money – now both are bankrupt. President Obama has assured Americans that he didn’t want to be in the business of making cars, yet the federal government now owns 60 percent of GM.

The Obama administration’s involvement in GM’s bankruptcy means taxpayers will spend $30 billion more to help GM to reorganize. This regrettable incident is more proof that the ‘change’ President Obama promised for America is really a dangerous expansion of government and stands in stark contrast to the values of less taxing, less spending, and less government that our Republican leaders fight for each day. I encourage you to click here to watch our Republican National Committee Chairman Michael Steele discuss this important issue.

Warmest Regards,

Jim