GM - Government Motors

By now everyone knows that GM is filing for bankruptcy.

His Presidency knows better than us. He's smarter than u.s. That's why "we" elected Him.

He thought that giving money, no....boat loads of money in the billions, to a failing business was a good thing. A business failing because it's labor costs and shift away from vehicles Americans want (no thanks to CAFE standards), shouldn't be given more money to spend...it should die. The corporation should die and go bankrupt. GM is bleeding to death and His Presidency wanted to give it more blood without patching the holes.

So after His Presidency says we can't let GM fail and it's an emergency to give them these multiple infusions of money...they still fail. And now that they're in bankruptcy He still wants to give advice. Maybe he should play Automobile Tycoon on his PC and leave the real-world business to those who work in the business. He would probably lose on the PC as well.

Pouring in billions of our money (both existing and freshly printed for our children) into failing business is bad business, but than again He was a community organizer and has lots and lots of experience in business.