No matter how hard they tried there was no political hay for the Prez and his Congress today. Whats that old saying, "Money talks and BS walks"

There has been a great deal of hoopla among all of the media outlets today with regard to the GM IPO and all of the money they are paying back to the government. There was so much in fact that President Obama got into the act touting the brilliance of his administration's bailout of GM and how the taxpayers are going to be the recipients of some kind of trickle down benefit from it all. Sadly, once again Mr. Obama failed to deliver anything more than lip service. The fact is, that GM could have filed Chapter 11 bankruptcy and accomplished the same thing without any burden on the taxpayers.

In chapter 11 they would have been able to close inefficient factories and facilities, probably made a better deal with the unions since the Socialists currently inhabiting the White House would not have owned a piece of their collective asses and been able to effect the same layoffs that they did without costing the TAXPAYERS of the United States BILLIONS.

One Democratic Congressman after another came on the news today touting the move as the only way to preserve the millions of jobs that would have been lost in the total liquidation of GM, which, by the way was never going to happen. GM needed to reorganize from the effects of years of bad management and corporate incest, nothing more nothing less and in reality the government had no business attempting to send up a trial balloon for nationalizing of our industrial base. Thank God we only have two more years of this disaster in political experimentation.

"Only the mediocre are always at their best"
Alan Jay Lerner
1918 - 1986 American lyricist and librettist

Thanks for reading