Don't Fret GM– The Prez Believes in You

dont fret gm 8211 the prez believes in you

As if it really makes any difference to anyone at this point, The Detroit News reports that the White House has expressed confidence in GM's long-term prospects. In response to GM's sobering $38.7b loss in 2007, spokeswoman and mistress of the obvious Dana Perino said "The report from GM reflects what we've known for a long time, which is that the automotive industry in the United States is having some difficulties, and they are trying to work through those. They're trying to restructure. They have a changing marketplace; buyers have different tastes, and there are issues regarding how high their cost of business is." In other word, oops they did it again! But GM needn't worry because "the president believes strongly, the long-term health of the U.S. automotive industry is strong." It'd be interesting to see what the lame duck Commander-in-Chief's handlers would have to say about the situation if he was running for reelection this year, instead of coasting until the moving vans arrive in January.

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  • Raskolnikov Raskolnikov on Feb 13, 2008

    Not so fast, Only last year Bush was quoted as saying "American automakers need to build relevant products." He just says what his advisors tell him to. We need Teddy Roosevelt reincarnated to get America back on top.

  • Skooter Skooter on Feb 13, 2008

    Yes. We are in "the swirl" as Mr, Grant terms it. So sad...

  • David C. Holzman David C. Holzman on Feb 13, 2008

    The photo and caption are my best laugh this month so far. Thanks! As for Bush, here, as you all remember, is what he said about Vlad Putin (whose name means whore in French) after meeting him from a news story June 16, 2001: "I looked the man in the eye. I found him to be very straight forward and trustworthy and we had a very good dialogue. "I was able to get a sense of his soul.

  • David C. Holzman David C. Holzman on Feb 13, 2008

    OldDavid, Your family has certainly given more than its share of itself for our country. Thank you.

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