Ed Driscoll

Barack and Me

Michael Barone notes the similarities between Government Motors’ CEO, and the titular subject of Michael Moore’s first movie, who helped to send GM on the path towards insolvency:

Obama today is following the same strategy that [Roger] Smith did at CEO: trying to preserve an unsustainable status quo by throwing money at it. Smith propelled his company toward bankruptcy. Does Obama want to do the same?

Beyond that, would Obama consider that bankruptcy a bug or a feature?