[Congressional Record (Bound Edition), Volume 155 (2009), Part 7]
[House]
[Page 9148]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         GM: GOVERNMENT MOTORS

  (Mr. POE of Texas asked and was given permission to address the House 
for 1 minute.)
  Mr. POE of Texas. Mr. Speaker, the Federal Government has gotten into 
the business of picking winners and losers in the automobile industry. 
The government has decided that GM is a winner and Chrysler is a loser 
unless--Chrysler obeys the Federal Government and partners with Italian 
carmaker Fiat to begin producing Chrysler Fiat as automobiles. No 
telling what those cars will look like.
  Since when, Mr. Speaker, did the Federal Government get the authority 
to fire CEOs of private companies and take over their businesses?
  Well, the Feds did just that by taking control of GM and Chrysler. 
Now we should change the name of both companies to ``Government 
Motors.''
  If you like the way Uncle Sam runs government businesses like Fannie 
Mae, Freddie Mac, the Post Office, FEMA, and the IRS, you will love the 
new Government Motors automobiles.
  The Federal Government is picking winners in the auto industry with 
taxpayer bailout money. We don't need any more bailouts. The government 
spends too much, borrows too much, taxes too much. The government needs 
to stop cutting deals with special interest groups and start cutting 
taxes for Americans.
  And that's just the way it is.

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