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
& Chrysler.

God help us !

More here GM's Second Great Crisis from Harvard Business Review