The real problem I have with Obam is his constantly changing rules. Wagoner ran GM for eight years, unable to stem the bleeding over the course of the last four. Wagoner should have resigned or been forced out long ago. It is common for the government to require the removal of top executives and boards of directors when forced to protect the taxpayer (i.e. banks in receivership). It isn’t THAT Wagoner was forced out that bothers me, it’s how long it took. Wagoner continued to demonstrate that his approach to turning GM around was largely based on hopes and wishes.

Obam has changed his approach to the auto companies at least three times since he enmeshed himself into the issue prior to assuming office, giving directions to a sitting president. Bush played along, exhibiting a shocking capitulation to the “office of the president elect.”

Obam is somewhat quietly pushing through cap and trade in response to a calamity that has never existed which will cost us much more growth than the demise of GM as currently constituted so a focus on this action seems to be missing the forest for few lousy trees.

Let’s focus on important issues.