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Obama Motors



 
 
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Old June 2nd 09, 11:58 PM posted to alt.autos,alt.cars,rec.autos.misc
krp
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Posts: 457
Default Obama Motors


"krp" > wrote in message news:...
>
> "aa" > wrote in message
> ...
>> Wall Street Journal
>>
>> Back in December, in an economy far, far away, then-CEO
>> Rick Wagoner tossed out the scary cost to taxpayers of $100
>> billion if General Motors wasn't saved by the government.
>> Well, GM was saved in December and again in March, and as
>> early as today the feds will rescue it a third time in a
>> prepackaged bankruptcy that is already costing at least $50
>> billion, and that's for starters. Welcome to Obama Motors,
>> and what is likely to be a long, expensive and unhappy
>> exercise in political car making.

>
> Production for the Hummer will now be moved to China by the new owners.
> China, Incorporated. They already make almost ALL the electronics our
> military uses.
>


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