Anyone else remember ObamaMotors? As the Republicans mockingly called it?
Conservatives stood death watch over GM, waiting for it to fail so they could mock Obamas foolish bailout.
Now GM is back to being the number one automaker in the world
As my father used to say, "don't count your chickens before they hatch".
General Motors is alive only because the U.S. Department of the Treasury owns 61% of it. The rest is owned by the United Autoworkers Union, Canada, and bond holders.
The Chevy Volt has been a complete bust. Anybody who owns GM stock is an IDIOT. Until GM figures out a way to pay their huge debt to the U.S. Dept. Of Treasury, their future is still bleak, and they are surviving on "borrowed" time (pun intended).
General Motors may be the number one automaker in the world, thanks only to bailouts and giveaways. The "house of cards" will come crashing down. Stay tuned.
All of the bailouts, whether they were initiated by Obama or Bush, were "foolish".
This is just another typical example of the Stalinists solving problems by throwing borrowed money at them.
We all live in an "Alice In Wonderland" country now. Nothing is as it appears to be.