Would you buy a car from this man?

Now I know that I’m getting old because a younger reader of this Blog just called me and asked, “Janis Joplin? Who’s she?”

The other reason I know I’m aging is that today one of America’s most revered corporations effectively changed its name. From today, GM stands for “Government Motors”. For today the White House runs the show. They fire, they hire. They make the decisions and it was all very predictable. Take a government hand-out and it owns you.

It has been a sad month for skilled business executives. You know, the ones that actually produce something while working 70 or 80 or 100 hours per week.

Earlier this month, 3 AIG executives resigned. Maybe it was just one too many ACORN bus tours past their house or maybe it was the threat of harm to their spouses and kids.

So, the Obama administration just fired Rick Wagoner and Obama is now in the car business. Or is he? Well, I think it’s much more likely that we’ll pour more and more billions into GM mainly because it’s a payback to the UAW. It’s also possible that the union will run the company for a while but this time they will finally run it into the ground. And then it will go into Chapter 11.

I am convinced that if that had been the elected course months ago, we would have saved an awful lot of my money and we would have been closer to a resolution by now.

Then, there is Chrysler who has been told to be acquired by Fiat or go away. Imagine what leverage that gives Fiat?

No wonder that Obama went to “Community Organizing College” where it doesn’t matter what you know. What matters is what they think you know!

But, ever the optimist, I try to find the pony hidden behind the manure. Perhaps this way, we’ll get our border fence at last.

Looking inwards to stop the talent from leaving.