Oh. Wait. That was Obama trying to get reelected.
Guess he's willing to say anything.
General Motors is Imploding — and Team Obama is Lying About It
I knew this from several days ago wasn't a good sign:
GM Ramps Up Risky Subprime Auto Loans To Drive Sales
That's right. Those subprime loans that crashed the home mortgage market and sent our economy into a tailspin, out of which it has never climbed back, are raising their ugly heads again. This time in the auto loan business.
General Motors has already crashed.
Another fine mess ...