Apr 10 2009

D in Detroit: Obama Smacks Down GM and Chrysler

The Camo

Compared to the ginormous $170 billion apportioned to AIG to provide executive bonus compensation and a couple of other minor things, the $17.4 billion we put into GM and Chrysler’s coffers seems paltry.  Yet it seems as though the Obama administration is riding roughshod over the long-suffering domestic auto manufacturers.  I mean, lay off!  These guys have been going through a lot:

  • First they had to deal with the American consumers’ notion that foreign cars were better built and lasted longer (a complete exaggeration, American cars are perfectly engineered… to last exactly 36,001 miles); Continue reading