JibJab's satire of Obama, the superhero

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Obama dictates future of "New GM" will have sacrifices

The new man in charge of the new General Motors is President Barack Obama. He dictated this today to the General Motors employees. Socialism is officially here in the automotive world. The America we knew is officially over. The "New GM" is "Government Motors."

IN THE NEWS:
The Wall Street Journal: GM Files for Bankruptcy Protection

Yesterday's NEWS:
Associated Press: White House: General Motors to file for bankruptcy
Bloomberg: GM to Name Al Koch to Top Restructuring Position, WSJ Reports

Chrysler, GM announce cut of dealerships

So first Chrysler was told to not have as many television commercials. Now, Chrysler and General Motors (ah hem, Government Motors) are cutting dealerships. Chrysler alone is cutting 25 percent of its U.S. dealers. For a company in bankruptcy, it is going to be even tougher to get out of this bankruptcy and even to make a profit when out of bankruptcy. The first question is, where can you buy a Chrysler car?

The government is just making it tougher.

IN THE NEWS:
Reuters: Chrysler to terminate 25 percent of U.S. dealers
Associated Press: Chrysler moves to eliminate 789 of 3,200 dealers