Friday, November 19, 2010

GM: An Imaginary Victory

David Harsanyi, Denver Post
Oh, good, the Obama administration has another imaginary victory for taxpayers to celebrate. As you've probably heard, there's quite a bit of hubbub surrounding the news that the administration's car company has gone public. Receive news alertsPresident Barack Obama tells us that General Motors' initial public offering is proof that one of the toughest tales of recession "took another step to becoming a success story." Not "survival," but success. Taxpayers are going to make a profit, even!Now, admittedly, success is a malleable concept. If by success...

Source: http://www.realclearpolitics.com/articles/2010/11/19/the_cadillac_of_bad_ideas_108008.html

Sheldon Whitehouse Sherrod Brown Susan Collins Ted Kaufman Ted Kennedy

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