Crisis at GM shows folly of gov't bailouts

Excerpt:

This leads to several obvious questions. During the years the Obama administration owned GM, why did Obama's hand-picked CEO fail to disclose the blatant problems within GM involving quality control? It would be foolish to think that no one was around in GM who knew exactly what had been swept under the rug for 10 years, and a good CEO would have discovered it, particularly when it involved multibillions of taxpayer dollars.

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