Letter to the Editor: Wentzville Needs to Remember 'Who Saved Their Bacon'

A New York State resident references a New York Times story about the GM bailout.

(On September 14, the New York Times published a story by business reporter James Stewart about two towns that benefited from the GM bailout—Lordstown, OH and Wentzville, MO. Stewart talked to Wentzville Mayor Nick Guccione and city businessman Tony Thieman about how the GM expansion may have influenced voters in the upcoming presidential election. Wentzville Patch received the following letter from Martin Rosenzweig of White Plains, NY. -Ed.)



I read in the NY Times that the good people of Wentzville, Missouri are favoring Governor Romney in this election, although it was President Obama who saved their bacon by keeping General Motors going.  I guess these folks don't gratitude real well, or maybe they don't know which side their bread is buttered on.  Well, if you read Thomas Frank's book, "What's Wrong with Kansas", you get a pretty good idea why people vote against their own best interests.  It just doesn't pay to do some people a good turn I suppose, but I think it is really sad.  
I kind of like what VP Biden said, "General Motors is alive and Osama bin Laden is dead".

Martin Rosenzweig
White Plains, New York 10603

beth campbell September 18, 2012 at 04:26 AM
This guy obviously knows nothing about Wentzville. The GM plant is an important part of our community, but it is far from our whole economy. And besides, when GM lets out, don't get caught in the parade heading east of all the workers heading home out of Wentzville. Would be interested to know the number of GM employees that actually live in Wentzville.
Mark Chartrand September 18, 2012 at 05:13 AM
Did he just quote Joe Biden? What a dumbass.
G-man September 18, 2012 at 01:24 PM
How The Hell Did GM Pay Back Its Loans "in Full And Ahead of Schedule"? Well, It Didn't. http://www.youtube.com/watch?v=SOaS2SymjQ4
G-man September 18, 2012 at 01:41 PM
GM to fed govt: So, about ready to sell those remaining shares yet? http://hotair.com/archives/2012/09/17/gm-to-fed-govt-so-about-ready-to-sell-those-remaining-shares-yet/
Marion Ambler September 29, 2012 at 03:31 PM
Saying the U.S. taxpayer "lost money" is probably the wrong perspective, considering that spending no money at all likely would have meant a financial catastrophe for millions of Americans far in excess of a mere $14 billion. Had GM and Chrysler collapsed, it would have cost the federal government about $28.6 billion in lost tax revenues and assistance to the unemployed in just the first two years alone, according to the Michigan-based Center for Automotive Research. In other words, doing nothing could have cost more than twice as much the bailout. http://money.cnn.com/2011/07/21/autos/chrysler_bailout_costs_gains/index.htm


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