Rep. Steve King (R-Iowa) on President Obama’s business practices: “But something that comes to mind when I see this image, too, is here are two world leaders that have both, within the last month, nationalized huge private-sector companies,” said King. “In the case of President Obama, General Motors and Chrysler, at least in effect if not in actuality, and moved it down that path, when he fired the CEO of General Motors, and when he ordered that Chrysler merge with Fiat.”
“Those two have done the same thing to private business,” King added, “and I think that image also will soak into the minds of investors around the world, and where they want to put their money.”
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