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.  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.  Somewhat sturdier, a little better gas mileage, and decidedly faster, even with a four-banger.  As cars go, it’s not bad.
It is the absolute, unequivocal, indisputable, bar none last  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.  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.  Make that “go back again“.  Seems Teh Ayatollah™ 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:  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?  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.  Welcome your new socialist overlords – and say goodbye to your customers.
UPDATE:  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.  When Jugears McHopenchange shuts his ugly piehole, the Dow rises.  When the Ayatollah (or one of his lackeys – Timmy-boy Geithner, call your office)…
MERLIN:  He can’t.
VENOMOUS:  Why not?
KORRIOTH:  No one there to answer.  Jackass still doesn’t have any staff.
VENOMOUS:  Hm.  Point.
Anyway, when one of ’em says or does something – bammo.
Maybe they’ll learn.  Eventually.  OneOfTheseDays™.  Maybe.
But I doubt it.
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