Local time where you're at. ("Where you're at"?)

In November 2004, I traded in my Ford F-150, which couldn’t get 20 mpg rolling downhill with a tailwind, for a 2005 Chevy Cavalier.

The Cavalier got better gas mileage – which proved to be a good move once gas started going up – but it was always a crapshoot as to whether or not I’d ever get where I was going in it.&#160 When it wasn’t refusing to start, it was trying to pretend it was an automatic (read: the clutch was going out).

So in 2006, I traded the Cav in on a 2007 Cobalt.&#160 Somewhat sturdier, a little better gas mileage, and decidedly faster, even with a four-banger.&#160 As cars go, it’s not bad.

It is the absolute, unequivocal, indisputable, bar none last&#160 General Motors car I will ever buy.

And it is thus because yesterday, the CEO General Motors caved in to the Al-Obambi Taliban and stepped down – in effect, allowing the Ayatollah Obambi to fire him.

President Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant.

[…]

In an extraordinary move, the administration forced the departure of Rick Wagoner as CEO of General Motors over the weekend, and implicit in Obama’s remarks was that the government holds the ability to pull the plug on that company or Chrysler.

All this in return for more bailout money.&#160 They’ve already burned through the $17 billion they got last year, so now they have to go back to Washington with their collective hat in their collective hand.

Oope.&#160 Make that “go back again“.&#160 Seems Teh Ayatollah&#153 sneered at their first attempt.

The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make.

The administration effectively rejected as untenable the business plans that GM and Chrysler had submitted to restructure their companies, saying that neither had fulfilled the terms of the federal loans the companies received in December.

GM’s only viable alternative now is the one they should’ve undertaken in the first place, before wasting billions & billions of our tax dollars:&#160 File for bankruptcy, dissolve the union contracts that have them hamstrung and force the thugs back to the negotiating table.

But that won’t happen now, will it?&#160 No, the DC Taliban will take more of your money and more of my money, and give it to GM to prop up a failing business, and then put the fucking union thugs in control of the company.

And I, and a few million other Americans, will have purchased our last Government Motors vehicle.

Enjoy it while it lasts, GM.&#160 Welcome your new socialist overlords – and say goodbye to your customers.

UPDATE:&#160 Oh, by the way, did I mention the…uh…the direct effect Obambi’s takeover of GM had on stocks?

U.S. stocks dropped Monday amid uncertainty about the struggling U.S. auto industry and other concerns about the economy.

[…]

The Dow Jones Industrial Average closed 254.16 points down, to 7,522.22. The S&P 500-stock Index closed 28.41 points down, to 787.53. The NASDAQ lost 43.40 points, closing at 1,501.80.

President Obama on Monday morning rejected Chrysler and General Motors restructuring plans, which resulted in fears of bankruptcy.

You can set your clocks by it.&#160 When Jugears McHopenchange shuts his ugly piehole, the Dow rises.&#160 When the Ayatollah (or one of his lackeys – Timmy-boy Geithner, call your office)…

MERLIN:&#160 He can’t.

VENOMOUS:&#160 Why not?

KORRIOTH:&#160 No one there to answer.&#160 Jackass still doesn’t have any staff.

VENOMOUS:&#160 Hm.&#160 Point.

Anyway, when one of ’em says or does something – bammo.

Maybe they’ll learn.&#160 Eventually.&#160 OneOfTheseDays&#153.&#160 Maybe.

But I doubt it.