Government Motors: The Coming General Motors Failure Will Be At Taxpayer’s Expense
Obama's GM appointees are just setting up the company for a fall later and all at the expense of the U.S. taxpayer.
By Warner Todd Huston —— Bio and Archives--March 24, 2011
American Politics, News | Comments | Back To Full Article
The Obama Administration has proclaimed TARP and the subsequent bailout for General Motors a great success. US Treasury Deputy Timothy Massad recently said, “Where we are today shows that the program, by any reasonably objective measure, was a success.” But is GM, now much derided as “Government Motors” the success that Obama says it is? Facts don't argue in Obama's favor.
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