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View Full Version : Restaurant Cited by Obama as Auto Bailout Beneficiary Closing



red states rule
06-10-2011, 03:17 AM
The reverse Midas touch of Obama continues as this business closes up after more then 70 years in business





An Ohio restaurant mentioned last week by President Obama as an indirect beneficiary of the government's Chrysler bailout will go out of business Sunday after a more than 70-year history.

Co-owner Richard Lawrence of New Chet's Restaurant in Toledo says business has fallen victim to the economy and the workplace smoking ban approved by Ohio voters in 2006. He told The Blade newspaper of Toledo on Wednesday that auto industry cutbacks also hurt.

Lawrence says he used to deliver up to $300 in food per week to Chrysler Group LLC's Jeep plant in Toledo, but now that's down to about $100 worth.

Obama visited the plant on Friday and told workers that without them, who would eat at Chet's or patronize other local businesses?


Read more: http://www.foxnews.com/politics/2011/06/09/ohio-restaurant-cited-by-obama-as-auto-bailout-beneficiary-closing/#ixzz1OrK0ckVu