RUN­NING GM

The Washington Times Weekly - - Politics -

“Pres­i­dent Obama an­nounced the bank­ruptcy of Gen­eral Motors [June 1] be­fore GM’s CEO even spoke, and the feds will soon own 60 per­cent of the com­pany. But what­ever you do, please don’t think the gov­ern­ment is now run­ning GM,” the Wall Street Jour­nal said in an ed­i­to­rial.

“ ‘What we are not do­ing — what I have no in­ter­est in do­ing — is run­ning GM,’ Mr. Obama said in [the] bank­ruptcy an­nounce­ment. ‘When a dif­fi­cult de­ci­sion has to be made on mat­ters like where to open a new plant or what type of new car to make, the new GM, not the United States gov­ern­ment, will make that de­ci­sion.’

“The pres­i­dent is so busy not run­ning GM that he had time the night be­fore to call and re­as­sure Detroit Mayor Dave Bing about the new GM’s fu­ture lo­ca­tion. GM is be­ing courted to move its head­quar­ters to nearby War­ren, Mich., and Mr. Bing told the Detroit News that he had re­ceived a call Sun­day evening [May 31] from the pres­i­dent ‘in­form­ing me of his sup­port for GM to stay in the city of Detroit with its head­quar­ters at the Re­nais­sance [Cen­ter].’

“The news­pa­per went on to re­port that ‘the mayor said he’s

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