Obama, the Mega Detroit CEO, Digs the Hole Deeper


It’s hard to believe but Obama’s Treasury is giving two bankrupt auto companies, GM and Chrysler, the job of administering $3.5 Billion in credit for the auto-parts companies. See the Bloomberg item here. So what we have is a government that is working its way to bankruptcy trying to support two bankrupt auto companies giving them the authority to manage $3.5 Billion of taxpayer money. Great to know Washington is managing our tax dollars so astutely!

Tom Motherway, tom@renohayek.com

Tom Motherway
  1. #1 by Mark Giovanni on April 8, 2009 - 10:01 pm

    There you have it. The Liberal-Democrats acting exactly out all they believe, just being themselves . Using our money again, to bail out even more people " in need". Who's left to tend the store.? As long as the White House is in the mood for charitable giving, maybe they should release some illegals from prison and tell them the U.S. treasury is giving away a truck load of the #2 Combinations , a Enchilada, 2 tacos, and a tamale & if you show up before 8:00 am they'll throw in a fifth of tequila ,bring your on lime and salt . If you act pathetic enough they might even put you in charge of something, say , the entire legal system, and heck you'll even get bestowed upon up an honorary docturate degree. Yes , it is unbelievable , yet not really surprising at all. Why not put all the crooks in charge, Barney Franks, Chris Dodd, etc. The floodgates have opened and it seems very hard to stop. Reminds me of all the luting that went on during the L.A. riots. Actually ,its all like a really bad dream, I wish it was.

  2. #2 by Michelangelo on April 9, 2009 - 5:10 am

    Spelling and grammar corrections to the Giovanni comment above -sorry folks, I guess I'm "in need" of some spelling lessons. I want to apologize for my arrogance in believing I could spell without spell check. The corrections are: remove the word (exactly), add the words -per person ( a truck load of the #2 Combinations-per person), change (a) to (an) Enchilada. Change your( on) lime to your (own) lime , remove (up) after upon, replace (luting)-the luting agent used in dentistry with (looting).

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