GM: Why it is failing again

General Motors Is Headed For Bankruptcy -- Again

If this deal goes through, GM will essentially be sold to the government of China...

Motor Trend:

How could our government let this happen?

Inside The Deal To Sell GM to China’s SAIC

Race Played Role in Obama Car Dealer Closures

From AMERICAN THINKER:

The Obama administration, already under fire for unprecedented allegations of racial bias, faces a new bias claim from a most unlikely source: one of the administration's own inspectors general.

Decisions on which car dealerships to close as part of the auto industry bailout -- closures the Obama administration forced on General Motors and Chrysler -- were based in part on race and gender, according to a report by Troubled Asset Relief Program Special Inspector General Neal M. Barofsky...

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Barack The Great and Wonderful

Like a magician who artfully controls his audience's attention, the government's General Motors investment is all about financial diversion. Here's the fancy trick:

Wanna see another one?

Mr. Obama has an ingenious approach to job losses: He describes them as job gains.

My First Job

It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

Kill me now (you think SuBo is losing it???)

Bankrupt companies making 39 mpg autos. Are we nuts?

We wish these folks luck "working together" with the Obama auto-design team. One thing seems certain by 2016: Taxpayers will be paying Detroit to make the cars Americans don't want, and then they will pay again either through (trust us) a gas tax or with a purchase subsidy. Even the French must think we're nuts.

Car Crazy

[USED CARS WILL BECOME THE HOT ITEM]