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Tuesday, August 14, 2012

Government Motors: Obama's British Leyland>>>

from Investors.com:


Government Motors: Obama's British Leyland

Statism: The president may detest Churchill and British colonialism, but he adores British socialism. In fact, his GM takeover parallels the Brits' auto nationalization of the '70s. This of course is nothing to cheer about. London's takeover of carmaker British Leyland is a well-documented disaster. Predictably, Obama's ham-handed meddling in the U.S. auto industry is producing similar results. Rewind to 1964. That year, Harold Wilson and the...

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