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obama took over GM
He even broke with his party -- and his future presidential running mate Mitt Romney -- to vote in Congress for a $15 billion federal bailout for GM and Chrysler as they teetered on the edge of insolvency.
Along with the auto bailout vote, Ryan voted for the Troubled Asset Relief Program, the $700 billion bank bailout that is anathema to Tea Party conservatives. He opposed Obama's 2009 stimulus effort, but his office sought to secure funding once it was signed into law.
Originally posted by Elton
Technically speaking, the Janesville plant is on "standby" and has been since after assembly line operations ceased in the spring of 2009. GM still owns the 4.8-million sq. ft. vacant plant but nothing is being done with it and the company is trying to figure out if they should sell the property.