For Immediate Release
March 30, 2009
REMARKS BY THE PRESIDENT ON THE AMERICAN AUTOMOTIVE INDUSTRY
11:07 A.M. EDT
THE PRESIDENT: Good morning, everybody.
One of the challenges we’ve confronted from the beginning of this administration is what to do with the state of the struggling auto industry. In recent months, my Auto Task Force has been reviewing requests by General Motors and Chrysler for additional government assistance, as well as plans developed by each of these companies to restructure, to modernize, and to make themselves more competitive. Our evaluation is now complete. But before I lay out what needs to be done going forward, I want to say a few words about where we are and what led us to this point.
Who is the man
Who would risk his neck for his brother man?
Who’s the cat who won’t cop out
When there’s danger all about?
He’s a complicated man
And no one understands him like his woman
You say this cat Spade is a mean mother
Shut ya mout’!
I’m talkin’ ’bout Spade!
Then we can dig it!!!