You Got Yourself a GovMo Dude!

A guest on the Fox News Channel Sunday morning (May 3)  said that the United Auto Workers now own 55% of Government Motors,  once known as Generals Motors.  That means the union will effectively run the failing auto company.

The question is will the union consider the long-term viability and competitiveness of GovMo or look after the pay and pensions of it's members?   I know the answer to that question.

Meanwhile, O-Bow-ma forced Chrysler into Chapter 11 bankruptsy.   To compound the controversy, Italian automaker Fiat appears ready to take over Chrysler.  This will give Fiat access to the marketing and dealership network inside the U.S.   Who out there will drive a boxy little Fiat?  Take a look at it!  Will Americans drive these little cars, get squashed by trucks on the freeways, and send American dollars to Italy? 

I'm certainly not going to buy a GovMo or a Fiat!

Is that the O-bow-ma economic strategy?  OMG!  We're doomed!