Sunday, November 16, 2008

Why Pres.-Elect Obama Will not let GM Fail

GM is stumbling bad and close to a crash. It is lobbying hard for a bailout. I think they'll get it, if not now, then under an Obama Presidency. Here's why:

1. Obviously, they're a huge company, employing a vast number of employees. They're called one of the Big Three for a reason.

2. Sen. Obama wants to look good. Which is better, bailing out a company and saving jobs, or letting it fail? Sure there's much more to it, but that's the way Sen. Obama would want it portrayed.

3. Pres.-Elect Obama does not want to be blamed for any of the economic crisis. An easy way to get blamed: letting a huge company fail.

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