We use your money to build ‘em, and then we use your money to buy ‘em
Tuesday, November 30th, 2010When the Obama administration took over financially ailing General Motors instead of allowing the bankruptcy courts to reallocate the bloated firm’s assets to sharper entrepreneurs, more than one wag dubbed the resulting state-socialist enterprise “Government Motors.” Since then, GM has geared up production of pricey “hybrids” that supposedly cause less pollution — until one considers […]