The Obama Motor Co.
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Posted by Derek HawkinsReview
An excellent rundown of the dangers associated with nationalization of General Motors Corporation. While governments can be quite effective at collecting revenue and using it well to fund projects that would otherwise be impossible, the history of government involvement in producing quality goods is sketchy at best. This article gets into the specifics of that; since it will likely be read by most of the new shakers and movers at G.M, perhaps it will help save them from themselves.
I want the new General Motors to succeed. My first several cars were G.M. products, and I only abandoned them because they became poor-quality, undependable behomoths that were no fun to drive. And they seldom went the distance, growing tired at 100k miles when their Japanese counterparts were often good for 2-300k. It's simple: make good cars and Americans will be more than happy to give the new company a chance.