Monday, June 1, 2009

Obama is killing John Galt

Obama's plan to save GM: bankruptcy, $30 billion

"President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as "reluctant shareholder" when it assumes a 60 percent ownership of the smaller carmaker that emerges."

1 comments:

Janell said...

*shaking my head* This stinks...but really, I think GM made a few bad moves on their own though. They killed the electric car, which was a bad mistake.