Tuesday, May 18, 2010

Government Motors: Not The 52 Billion

Whitacre's Wall Street Journal column was, in short, a fraud. But it was a fraud of a special kind. It was a fraud committed with the assistance and probably at the urging of the Obama administration. It was not, in short, the kind of fraud that congressional Democrats will be holding hearings on any time soon.

GM also produced an advertisement starring Whitacre and committing the same fraud that Whitacre had perpetrated in his Journal column. Some inspired soul has finally gotten Whitacre to spill the beans on GM's subsistence at taxpayers' expense. It can't have been easy to have gotten the truth out of this character or his masters in the Obama administration.