Chrysler Nixes Electric Car Program

Sooo, after Chrysler lured taxpayer funds from the hands of our elected representatives, they have since decided to axe the "Green" cars that they marketed as payment for government aid. Of course, Barack Obama was quick on the draw to give aid to Chrysler partly based on its newly found "Green" conversion. That didn't last long. Once again, the taxpayer ends up being a sucker.

Another $7.5 Billion For GMAC

Now that the Obama Administration has set Fiat and the UAW as owners of GM, I expect more tax dollars to shore up GM and Chrysler for many years to come.

BTW, GM might still end up bankrupt even with all the taxpayer funds thrown its way.