President Obama took his high hopes of economic recovery to a General Motors plant in Ohio where jobloss is at it’s greatest. “In the midst of a deep recession and financial crisis, the collapse of the auto industry would have caused enormous damage to our economy,” Obama told an enthusiastic crowd of autoworkers. “So we […]

Taxpayers that invested heavily into motor companies Chrysler and GM will not see the exponential growth they hoped from the government’s auto bailout. The Congressional Oversight Panel announced in a report Wednesday that taxpayers will face a significant loss. According to The Associated Press, the panel did not provide an estimate of the projected loss […]