The Messiah spoke, and Government Motors was born.

I guess there is a reason why messiah starts with the word mess.  He really seems to have made a mess out of this one.  Has anyone seen the market lately?  Do you honestly think the market drop has all that to do with the GM CEO resigning?  In my opinion it is rational investors [...]

Posted Under: Auto Industry, Economy
This post was written by VoiceOfReason on March 30, 2009 Comments (0)

US underwriting car warranties

I never imagined that the free market could fall under government control so quickly and thoroughly as to produce such nonsense as this.
Read Ed’s post at Hotair for the details, but pay special attention to his final paragraph:
Government does not belong in the business of offering auto warranties.  Two years ago, that would have been so obvious [...]

Posted Under: Auto Industry, FAIL!, Socialism
This post was written by Beo on March 30, 2009 Comments (0)