President Obama’s Speech Perpetuates Bailout Payback Myth

In his speech just completed at a Toledo, Ohio Chrysler plant, President Obama continued the government PR work on behalf of bailed out auto companies when he stated the misleading claim that Chrysler had completely repaid its government loan six years ahead of schedule. For more on how the government and these car companies are lying about the repayment of the bailout, see CEI’s news release from yesterday.