Posts tagged "GM"

Contrary to Claim, White House Did Control GM's Daily Business And Cut Workers' Pay?

-By Warner Todd Huston When Barack Obama threw millions of our tax dollars at General Motors to “save it,” the administration claimed that it would not involve itself in the “day-to-day management” of the venerable car company. New emails obtained by The Daily Caller, however, casts doubt on this claim. In fact, as Matthew Boyle... Read more »

GM Exec: Reporting GM's Failures Hurts... Republicans?

-By Warner Todd Huston In an odd turn of events, former GM Vice Chairman Bob Lutz thinks that anyone that criticizes GM is not only “mis-informed” but insists that those “foaming ideologues” that criticize the car giant are “damaging the Republican Party.” It is interesting that an executive in the company derided as “Government Motors”... Read more »

Geithner's Spin: Auto Bailout A Success

-By Warner Todd Huston At the Detroit Economic Club today, Treasury Secretary Timothy Geithner tried to claim the auto bailout is a success. It certainly doesn’t seem like a success for the taxpayers. GM stock is about $30 today, and unless it gets up to $54, the taxpayers lose money on the deal. Why would... Read more »

Government Motor's New Car: The GM WeeKann

-By Warner Todd Huston Since Barack Obama has taken over General Motors, the newly installed Obama-owned executives have come up with a way to save the floundering auto giant. They’ve come up with a new car model that they are absolutely sure will save the company. This new car has not been designed by professionals... Read more »

Auto Recall: When The Wheels Come Off Government Motors... Literally

-By Warner Todd Huston GM, Obama’s favorite federally owned car company, was thrilled to report in March that sales figures for the Chevy Cruze helped put the company on the fast track to success but it wasn’t the best news when the wheels began to literally fall off the Cruze causing a recall of GM’s... Read more »

Obama Lackeys Running GM Now Want US to Pay Out for Rebates

-By Warner Todd Huston A few days ago I wrote about how the Obama administration has stuffed the upper echelons of management at General Motors with government lackeys who have no experience in the auto industry and how Obama’s government will lead GM to ultimate failure. Today we see yet one more step toward GMs... Read more »

Government Motors: The Coming General Motors Failure Will Be At Taxpayer's Expense

-By Warner Todd Huston The Obama Administration has proclaimed TARP and the subsequent bailout for General Motors a great success. US Treasury Deputy Timothy Massad recently said, “Where we are today shows that the program, by any reasonably objective measure, was a success.” But is GM, now much derided as “Government Motors” the success that... Read more »

Union Boss: Yeah We'll Talk, But Go Our Way or You're a 'Human Rights Violator'

-By Warner Todd Huston As President Obama clucks his tongue at America for “pointing fingers” and “assigning blame” in our political debate, and as his friends on the far left ignore him and point their fingers and assign blame to the Republicans, Tea Partiers, and Sarah Palin, at least one union chief in Detroit is... Read more »

Pot Smoking Gov't Motors Car Builders Actually Fired

-By Warner Todd Huston Monday Government Motors (GM) took a hard line against the drunken, pot smoking union members that became the unwitting star of a news expose in Detroit last week firing the partiers. All 13 employees were fired after being shown on WJBK, Fox 2 News Detroit drinking and smoking pot in a... Read more »