When it comes to GM and Chrysler, I can tell the future!

I called this one in February.

Take a read, tell me where I was wrong.

http://winduprubberfinger.com/blog1.php/2009/02/16/obama-creating-lstrikegauto-industryl-st

Remember the government doesn't own GM. Funny how the Obama calls for the head of GM and gets it - on a silver platter no less.

http://www.foxnews.com/politics/first100days/2009/03/30/obama-auto/

President Obama said Monday his administration has "no intention" of running General Motors, even as the White House demanded the resignation of the automaker's CEO and called for a "better business plan" before considering lending more government money to bail out the company.

Obama said the companies and the government might have to consider "using our bankruptcy code" to help the companies restructure more efficiently. He said any such action would take place "with the backing of the U.S. government."

Oh and, "with the backing of the U.S. government" means the government will be calling the shots. Sort of like when they called for the firing of GM's CEO.

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