February 24th, 2009
09:47 PM ET
6 years ago

Crowley: Setup for a big auto bailout?

WASHINGTON (CNN) - Interesting line, sounds like major aid for the auto industry is on the way: “…I believe the nation that invented the automobile cannot walk away from it."


Filed under: Obama address
soundoff (10 Responses)
  1. David N

    The auto was invented in the US? Prez O needs to check his facts. Hopefully the Obama stimulus package and the alleged benefits it will provide are based on REAL facts.

    February 24, 2009 09:52 pm at 9:52 pm |
  2. Necie in OKC

    We probably will....but only if there are major concessions from the Union. I'm not against unions, but I believe sometimes they are their worst enemy. Hey, I drive an Envoy so I love my American Made Automobile and would prefer to keep those jobs actually in America

    February 24, 2009 10:13 pm at 10:13 pm |
  3. Nicolas-Joseph Cugnot

    It is sad that the President of our country does not know who invented the automobile. A Frenchman, a Scott, and three Germans made substantial automotive first nearly 100 years before the first American, and that was not Henry Ford as most believe. Please Mr. President do your homework.

    February 24, 2009 10:21 pm at 10:21 pm |
  4. Matthew, Detroit

    MORE SPENDING ON AUTO.

    MORE TARP FUNDS.

    THIS GUY WILL ADD 5-6 TRILLION TO THE NATIONAL DEBT IN

    ONLY 4 YEARS.

    EVERYONE Complained about President Bush and I agree he was
    irresponsible. 5 Trillion in 8 years. But Barack is insane.

    February 24, 2009 10:32 pm at 10:32 pm |
  5. don G

    The pres missed opportunity to put Americans into action by giving them confidence in going out and purchasing new housing and automobiles. It is time to go back to spending and we wont reach the desired result until the manager, forced to lay people off, doesn't feel to guilty to purchase a new vehicle.

    February 24, 2009 10:52 pm at 10:52 pm |
  6. Eduard K.

    That statement is somehow confusing, since the nation that invented the automobile is actually Germany (through Karl Benz, founder of Daimler-Benz).

    February 24, 2009 10:59 pm at 10:59 pm |
  7. Kent

    We should be treating this with the same level of commitment that was embodied in the Manhattan Project. There is no technical reason that we cannot retool all three US auto manufacturers to be building nothing but hydrogen fuel cell vehicles in 24 months. In 36 months we could be the world's largest auotmobile exporter.

    The greedy corporations have already proven they are not up to the task, have they not? We have seen this coming for 30 years. If we don't get this planet off fossil fuels we will see a time that will make the 1940's seem like a cakewalk.

    February 24, 2009 11:30 pm at 11:30 pm |
  8. Henry Miller, Cary, NC

    Actually, it was a couple of Germans who "invented" cars–is Obama planning to send a few billion to Germany?

    February 24, 2009 11:45 pm at 11:45 pm |
  9. Kathy

    LET THEM FALL!!! FORD IS THE ONLY ONE WITH A PLAN. GO AWAY IF YOU DCON'T WANT TO MAKE CONCESSIONS. WE DON'T NEED GM OR CHRYSLER... MAKE CONCESSIONS OR FAIL.

    February 24, 2009 11:48 pm at 11:48 pm |
  10. Watching

    Obama doesn't even know who invented the auto, it was Karl Benz in Germany

    February 25, 2009 01:15 am at 1:15 am |