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Hugh Hewitt: Obamacars and Obamacare
Hugh Hewitt's TownHall Blog —
... back from these exceedingly low production numbers it will be because of a country-wide rejection of the very idea of a government owned car company. The fascinating figures to watch will be the comparative recoveries of Ford and Toyota versus GM. All three have suffered the effects of the panic, and as the panic subsides, all three should recover at roughly the same rate. If GM lags, expect the feds to find some way of plugging the gap as with fleet sales to itself. Given that the president is deep enough into the minutia of running GM to pick its ...
Hugh Hewitt: Obamacars and Obamacare
Townhall.com Blog's TownHall Blog —
... back from these exceedingly low production numbers it will be because of a country-wide rejection of the very idea of a government owned car company. The fascinating figures to watch will be the comparative recoveries of Ford and Toyota versus GM. All three have suffered the effects of the panic, and as the panic subsides, all three should recover at roughly the same rate. If GM lags, expect the feds to find some way of plugging the gap as with fleet sales to itself. Given that the president is deep enough into the minutia of running GM to pick its ...
How not to not run an auto industry
Betsy's Page —
Recognizing how unpopular the government takeover of GM has been, the President is eager to tell us at every opportunity that he has "no interest" in running an auto company. His administration continues to promote the illusion that this is a quickie fix and they will be able to exit the car business as soon as possible. The WSJ notes a little irony today that demonstrates what a deception all those claims are. The Obama administration has been busy reassuring the mayor of Detroit that GM will not move out of Detroit to Warren, Michigan. As the WSJ concludes, We don't know ...
DaBama… Busy Not Running GM
Pat Dollard | Young Americans —
And not choosing GM’s office space.
http://online.wsj.com/
President Obama announced the bankruptcy of General Motors yesterday before GM’s CEO even spoke, and the feds will soon own 60% of the company. But whatever you do, please don’t think the government is now running GM.
“What we are not doing — what I have no interest in doing — is running GM,” Mr. Obama said in yesterday’s bankruptcy announcement. “When a difficult decision has to be made on matters like ...
'Busy Not Running GM'
The Corner on National Review Online —
... ] The Wall Street Journal notes this morning that President Obama was quick to reassure the country that, though the Fed will be controlling 60 percent of GM, it won't be the one deciding which new cars to make or where new plants would be built. GM would be doing that. "What we are not doing what I have no interest in doing is running GM," Mr. Obama said in yesterday's bankruptcy announcement. "When a difficult decision has to be made on matters like where to open a new plant or what type of new car to make, the new GM, not the United States government, will make that ...
The Reluctant President Dives Right into Running GM
The Sundries Shack —
... , “What we are not doing — what I have no interest in doing — is running GM.” That sounded good, but as so often happens with this President, you only have to wait a day or so to see if he was blowing smoke. In this case? There was smoke. He was belching it like one of those coal planets he hates so much. The President is so busy not running GM that he had time the night before to call and reassure Detroit Mayor Dave Bing about the new GM’s future location. GM is being courted to move its headquarters to nearby Warren, Michigan. And Mr. Bing told the Detroit News that he ...
What "not running GM" Looks Like
Hit & Run —
Fun/horrible little squib in the Wall Street Journal: "What we are not doing -- what I have no interest in doing -- is running GM," Mr. Obama said in yesterday's bankruptcy announcement. "When a difficult decision has to be made on matters like where to open a new plant or what type of new car to make, the new GM, not the United States government, will make that decision." The President is so busy not running GM that he had time the night before to call and reassure Detroit Mayor Dave Bing about the new GM's future location. GM ...
