General Motors

November 18, 2010

It’s amazing how good a Company can look after a $50 billion cash infusion and it’s relieved of its debt obligations. If there was any doubt that Obama’s intervention on behalf of labor unions at the expense of bond holders would not have a material impact, then this should end any reservation.

Thus, the President used the force of his office to steal money from one party to give it to another. That the “another” is a firm supporter of the President in ideology and funding only adds to the corruption.

http://online.wsj.com/article/SB10001424052748704648604575620833385520438.html?mod=WSJ_hp_LEFTTopStories

Conservatives had been throwing around the term “Gangsta Government” for awhile. That’s died down, but, perhaps, it should be revived.

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