al-Qaeda is alive and GM is killing Americans!

[Ragnar]

Remember two years ago? Remember "Bin-Laden is dead and GM is alive!"? Good times, good times. These days it's all ISIS and recalls.




GM is alive. Drivers are dead. Any questions?

General Motors waited more than a decade to recall their 2.6 million defective small cars worldwide. Obviously, the problem started long before the Obama administration decided to bail them out, thus rewarding bad behavior and costing Treasury a loss of roughly $10 billion.

That was yet another real-life lesson from which the GM employees could learn that withholding information is better than honest work, and that those who actually do honest work wind up paying for those who don't. Now GM is going to establish a compensation program for the victims and their families. How much of that cost will be covered by a taxpayer-funded bailout?

And now for the final question. Using GM chief executive's own language, who built that "corporate culture in which employees failed to take responsibility for the problem"?

According to her boss, the nation's chief executive, no one in particular. In president Obama's mind, businesses just happen to grow and develop their own cultures, like fungus. No one takes credit for a fungus culture; why should anyone take credit for a business culture? Whether you succeed or fail, the administration's credo is, "You didn't build that!"

Audible sigh.