What happens when the government gets in the car business?
The Jurassic Press is missing much in their reporting on the $50 billion bailout of General Motors (GM). The Press is open channeling for President Barack Obama - allowing him to frame the bailout exactly as he wishes in the 2012 Presidential election.
The President is running in large part on the bailout’s $30+ billion loss, uber-failed “success.” And the Press is acting as his stenographers. An epitome of this bailout nightmare mess is the electric absurdity that is the Chevrolet Volt. The Press is at every turn covering up - rather than covering - the serial failures of President Obama’s signature vehicle.
The Press has failed to mention at least five Volt fires, myopically focusing on the one the Obama Administration hand-selected for attention.
The Press has failed to mention that the Volt fire problem remains unsolved. Is it the battery? Is it the charging station? Is it the charging cable? All of the above?
GM and the Administration don’t know. And the Press ain’t breaking their necks trying to find out.
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