In light of GM's intent to file for Chapter 11 bankruptcy (a temporary measure), this article criticizing President Obama's politics seems relevant. How will Obama manage this process? Not only will there be more job loss but another $30 billion of U.S. federal funds will be infused into the failing company. I'm finding it hard to see a win for the people. There has been calls for Obama to take a more hands-on approach in managing this and other failed enterprises that the government now has a stake in but is this really where we want our president to focus his attention? Granted, our failing economy is perhaps our greatest trouble spot at the moment but there has to be a better way to turn the economy around rather than sinking money into big businesses that continue to let go of their most important resources, their workers. Something has got to give, and soon.
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