Clik here to view.
Shafted Delphi Retirees Suing Treasury, Auto Task Force
The unprecedented intrusion of the executive branch of the US government into the American auto industry when the Obama Administration orchestrated the General Motors and Chrysler bankruptcy processes...
View ArticleClik here to view.
General Motors to Remain Government Motors?
According to a WSJ report, "people familiar with the situation" said on Tuesday that the Obama Administration has put on hold its decision to sell the taxpayers' stake in General Motors. The article...
View ArticleClik here to view.
A Cadillac Volt – Are You Kidding Me!?
According to a USA Today report, General Motors has decided to offer a Cadillac version of the Chevy Volt called the Converj. This follows reports that the Obama Administration will continue to hold...
View ArticleUAW Gets $12 Million from GM as Taxpayers Get Scrooged
Bloomberg reported last week that General Motors will be paying $12 million in additional bonuses to its UAW workers for meeting "quality targets." It's nice to see the holiday spirit of giving at GM....
View ArticleNon-Union Retirees Shafted in Auto Bailouts Told to Get Jobs
One of the most egregious abuses of the Obama Administration's auto bailouts was the blatant favoritism evidenced in the treatment of Delphi (General Motors' parts supplier) retirees. After the Delphi...
View ArticleGeneral Motors Makes Obama an Offer He Can’t Accept
Here we go again. Déjà vu all over again as General Motors spreads rumors that they are tired of being Government Motors and they are so cash rich that they offered to buy Treasury's taxpayer-funded...
View ArticleGM Buyback of Treasury Shares – Why Now?
General Motors moved quickly to complete its buyback of 200 million shares from the US Treasury Department before year end. It is a welcome sign that the Obama Administration is finally beginning to...
View Article
