Compare how government bankrupted the Krit Motor Car Company, with how Obama/government also bankrupted GM and then Barack Obama (and his supporters) followed Adolf Hitler, imposing national socialism (in healthcare, transportation, et cetera) similar to the dogma of Francis Bellamy (author of the Pledge of Allegiance and the early American stiff-armed salute) and Edward Bellamy (author of Looking Backward 2000-1887). http://rexcurry.net/krit_motor_car_company_detroit.html
Graphic image http://rexcurry.net/krit-motor-car-company-detroit3.jpg
Government Motors By Michael Heberling • November 2009 • Volume: 59 • Issue: 9
EXCERPT: Twenty-five years ago President Reagan told auto workers in Orion, Michigan, “You’ve demonstrated when the chips are down, what people can do working together freely, rather than at the dictates of some central planner or bureaucratic mandate of government. I happen to believe the last thing your industry needs is the federal government bringing in outsiders to tell you how to run a business.”
Fast-forward to 2009: President Obama fires GM chief Rick Wagoner, the company files for bankruptcy, a government-appointed auto task force calls the shots, and the federal government now owns 61 percent of the new GM.
How did we get to this point and what can we expect from Government Motors?