For those of you who are paying attention to the headlines, General Motors is officially filing for bankruptcy protection, but the kind that only you and I could dream of being provided (could be a nightmare). The US government is going to become a 60% owner of the company… yup, a controlling interest.
Goodbye capitalism. At least for GM. And anyone that still owns a Chevy, Caddy, or some other GM vehicle.
On the positive side, the government can now start cranking out as many Cadillac limos as it does $100 bills to support the government’s activities.
On the negative side, the government can now start cranking out as many Cadillac limos as it does $100 bills to support the government’s activities.
The Press, those ready to speak the Truth, have finally seen the direction the government is going for what it is.
Okay, only one member of the Press.
Okay, it’s the Russian Press.
That’s right, Pravda, the state sponsored news agency, provided an incredibly insightful assessment  of our nation’s state of affairs. Well, that is, they reprinted a Russian blogger’s (Stanislav Mishin) piece, but clearly as a position they support. Mishin provides a very reflective, historical, and compelling case for the US Government to stop and look at what we’ve become. It seems ironic that the Russians would criticize us for moving too close to Communism.
At the end of the article, the author recommends that Russian owned companies in the US get themselves out of our mess while the getting is good. If only the rest of us could exercise such an option easily.
A friend said to me today that we’re like the Frog in the Kettle. Agreed. And a fast boil at that.