Friday, May 29, 2009
Obama Doing For America, What He Has Done For General Motors & Chrysler
What a deal, a chance to buy into Government Motors at the bargain basement, fire sale price of less than a buck a share, a price unseen since pre-World War Two.
Obama to the rescue?
It wasn't but a few months ago that Democrat-Socialists in Congress were beating the drum "too big to fail" giving away $20 Billion Dollars of the taxpayers money to GM, followed by a spending spree, the likes of which never had been seen before calling it economic stimulus.
Federal budget deficit soars to $63.8 Trillion During Obama's Watch
"Hope-n-Change" doing for America, what he has done for GM
God help us !
More here GM's Second Great Crisis from Harvard Business Review