Being the ultimate elitist, it is not necessary for Obama to even consider how the average American reasons. So it is no surprise that he thinks that an automobile manufacturer that is owned by a punitive government and a greedy, fat union will do well with auto buyers.
I personally expect that the sales of both new and used G.M. vehicles will plummet to virtually nothing but noise level values. At that point there will be even more government money and destruction applied to G.M., and so on until it finally expires one of the most expensive, lingering deaths in history.
The death of G.M. will be unequally felt by the black and minority communities that surround the auto industry; this secondarily spawned crisis will require ever more taxpayer cash pumped without oversight or transparency into to a black hole of probable corruption. After all, TARP is now known to have generated dozens of corruption investigations, and the liklihood that our cash will be recovered is likely nil (the rich just get richer under Obama).
The old personal and cultural virtues were just that: virtues. This is because they are the necessary struts that keep the world working in a meaningful manner. The secular drive against virtues such as personal responsibility, for example, is as destructive as it gets.
This will ultimately spell the downfall of the myopic socialist programs, and the subsequent resurgence of liberty-based government... if the U.S. can withstand the economic destruction ahead. And that's the reason that the masses are financially puckered up: we must all just wait this out.
But Obama doesn't think like the average American. It is a surprise to him.
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