Friday, June 10, 2011
Mourdock Gloats on Chrysler Case
You knew that career politician Richard Mourdock couldn't hold back this one for long.
The current Treasurer of Indiana who wants to be the next Senator from Indiana recently released a video on YouTube touting his expenditure of $2 million taxpayer dollars to fight the federal loans that saved Chrysler. Had he won, it would have forced the company to go under and declare bankruptcy. That would have left thousands of Hoosiers without pensions and a state that is still tied to the company in a big way with empty factories and more unemployment.
Well, Chrysler has become a success story. It has turned around its operation and has paid back the government loans, as reported in this analysis from MSNBC. Chrysler had a big bump in sales and actually is expanding its role in Indiana.
You have to credit the automaker for its efforts. Both Richard Lugar and Joe Donnelly saw the value of Chrysler in Indiana and voted for the government loans that kept the country out of bankruptcy. Mourdock is the only one that fought it.
Here is the video:
In the piece, Mourdock talks about how no one else stepped up to take the case against the loans. He's right. They knew they would lose. Furthermore, he talks about how pension funds were raided to pay for the loans. The loans have been paid back...with interest. In short, I don't think he's telling the truth.
His claim that it went "all the way to the Supreme Court" is a little disingenuous as well. The Supreme Court DECLINED to hear the case. As you all know, the current version of the Supreme Court is not necessarily the most liberal version, either.
Mourdock is touting his failure to win his case as an accomplishment. He spent $2 million of Indiana taxpayer dollars fighting a case no one thought was winnable. He held up the transfer and sale of the company and put the livelihoods of thousands of Indiana workers in peril. Now, he wants to be your Senator.
Just another reason why Richard Mourdock is WRONG FOR INDIANA! Don't let the facts get in the way of the grandstand, Richard.