Friday, April 29, 2011

A Trifecta of Central Planning Headlines: GM Edition

And the hits just keep on coming for GM. Please consider the following evidence that central planning works (if you're a Marxist ideologue):

• Forbes Gives You 2011 List Of Worst Cars on the Road

Forbes released the 2011 Worst Cars on the Road list and, shockingly, GM and Chrysler dominate the list.

• Chevy Volt not for sale, but available for test drive at local dealers

Interesting strategy: build super-expensive "green cars", but not enough to actually sell any.

• Why Are General Motors Shares Stuck in Reverse?

Gee, let me guess: they're funded by the central planners in Washington (with our money), their quality ranks among the worst of all automakers, and they're building cars they can't sell.


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