Obama Motors – How Not to Run a Car Company

It looks like General Motor is back on track:

This spring, while seeking upward of $50 billion in federal assistance to shed debt and keep afloat, GM disclosed plans to import a new line of compact cars the size of a Toyota Yaris from China. That sparked an outcry from the UAW and from Congress, which put pressure on the Obama administration to persuade GM to drop the plan and build the cars in the U.S. GM, already deeply indebted to the government, agreed.

Because everyone knows Congress and the Unions know how to run a successful company.