Political Hotsheet
By

Prerana Swami /

CBS News/ June 11, 2009, 4:44 PM

Cantor Compares Obama To Putin

(AP)
House Republican whip Eric Cantor is comparing the economic policies of President Obama to those of Russian Prime Minister Vladimir Putin, the Associated Press reports.

Cantor told the AP that Mr. Obama's plans for the auto industry represent governmental micromanagement and said watching the administration operate is "almost like looking at Putin's Russia."

Cantor has previously opposed the administration's role in the bankruptcy of General Motors and claimed that GM investors "had their rights trampled" by the government.

"The nature of this bankruptcy agreement raises serious questions about the ultimate cost to millions of Americans," Cantor said earlier this month, as Bloomberg reports.

He also accused Mr. Obama of taking rights away from auto creditors in order to gain favor of UAW workers and his fellow party members.

In response to concerns that the government will get too involved in the new GM and Chrysler, a senior aide to Mr. Obama told the Washington Post Thursday that the administration would not interfere in the car companies' day-to-day workings, acting instead merely as an "investor of taxpayer resources."

"We're not going to get into micromanaging their decisions," auto task force member Ron Bloom testified before the Senate Banking Committee.

The government is set to own 60 percent of GM and have a small stake in the new Chrysler. In effort to make car companies more competitive, the Obama administration will give nearly $80 billion in federal aid to the automakers, their lending affiliates and their suppliers.

The Wall Street Journal reports that Bloom said there is no specific timeline to revamping GM, though he expects company stock to be available to the public by 2010.
© 2009 CBS Interactive Inc. All Rights Reserved.
12 Comments Add a Comment
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mattcat25 says:
Eric Cantor is a DURACK! nyet?
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ObamaLiesToYou says:
This man lies to you sad sacks and you just eat it up like he's really going to save our country from something. He is systematically tearing America apart from the inside at such a fast pace that none of you idiots can keep up. You just think he's so cool that you'll follow him into hell.

I love America, and it pisses me off to no end to watch this guy ruin it like this.

Thanks a lot for not having a brain and just following the "cool" thing and making this idiot the president.

You all suck. I want my country back.
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bifuna says:
Eric Cantor is Dr. NO.
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PacificGatePost says:
Obama has avoided the thorny details of assiduous analysis on the most critical problems facing America, and has used sweeping, but banal statements of obvious principals, while his appointees actually implement policies and programs inconsistent with the claims of the message. Now we have flip-flops upon flip-flops on detainees.

http://pacificgatepost.blogspot.com/2009/06/does-america-yearn-for-monarch.html

Did America elect a monarch? ? A President is still needed.
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jxknowles says:
I'd compare Cantor to PeeWee Herman. Come on Eric, get on the bar and do the big shoes dance.
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boatdocster says:
Where was ******** Cantor when Bush gave away far more money to banks, no strings attached?

At least Obama is trying to fix 8 plus years of no one home at the helm.
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stn_sage says:
HOW OUTRAGEOUS! When Bush was in office, his administration was based on the Hitler model---it was obvious to anyone who had half a mind!

But, if you said that---you got harassed, bad-mouthed, and threatened.
And, EVERY GOP politician DEMANDED an IMMEDIATE apology, for what was essentially telling the truth on your part! SO---fair is fair!

I DEMAND that REP. CANTOR immediately apologize for his un-AMERICAN
comments and disloyalty to the United States!

NOW---as regards Putin---I'd say, 'not yet'! He's still got a ways
to go, but, you never know---maybe!
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starleo146 says:
Canor is a raving lunatic as are most of the current Republicans. Besides, their hero, GWB, said he looked into Putin's soul and that he was a good guy. So what is wrong with Putin?
Posted by kansas1946 at 4:50 PM : Jun 11, 2009

Every time he opens his mouth the percentage goes down even further for republicans he is the essence of the word ignorant
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karela33 says:
The party of No--Yuck! Let's make them the party of never again. They show no remorse at all for what they've done to the country and offer only more of the same. They don't seem to have a clue what life is like for the 95% of Americans who aren't their contributors and best buddies. Go away. And don't come back.
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kansas1946 says:
Canor is a raving lunatic as are most of the current Republicans. Besides, their hero, GWB, said he looked into Putin's soul and that he was a good guy. So what is wrong with Putin?
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