Blogline of the Day – a take off on Joe Biden

Joe Biden, running mate of Obama, is oft heard to say “Obama is dead and GM is alive”.  Over at The Corner: “Chris Stevens is dead and the UAW’s pension plan is alive.“ That would be Ambassador Chris Stevens to Libya, murdered in Benghazi.  And the GM UAW union workers’ pensions are alive because the … Read more

Taxpayers Now Out 25 Billion

The Government Buy-up and Bail-out of General Motors saved union jobs while arbitrarily eliminating  tens of thousands of non-union jobs at dealerships, put taxpayers on the hook, and at present will cost us at least 25 Billion in losses as the value of the automaker “we own” a part of continues to decline. Had they … Read more

Paid Back the Auto-Bailout You Say?

Kevin A. Hassett at AEI has an article (also available in the most recent print edition of National Review) in which he addresses the many fictions of the Obama auto-bailout.  You can read it here, but what caught my eye was the nifty graphic that went with it. It suggests what Hassett articulates in his … Read more

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