Notice this has been going on for how many days now? The repayment of the Tarp which is a government money from one pocket to the other. But they still repeat the lie... Why?
My pet theory is watch Tuesday the 27th.....
Why Tuesday? Ford's 1st Qtr Earnings.
My guess they will be through the roof (not investment advice here...) and Obama can't have that.
You see it is to much of a contrast, the mess GM and Chrysler are still in vs. the "Free Market" solution Ford took. It makes him look really bad.
Worse, it may make Mulally an even bigger hero and people will ask the inevitable question, does Mulally have a political career and IMHO he is a huge threat to Obama because he has gotten it done...
Preview of what I suspected by reading all the good tea leaves, (i.e. increase in mkt share here and abroad, reduction in debt, etc. etc.)
From the Detroit Free Press Sunday Edtion, the Cover title: Ford profit: $1 billion
Link here since it can't be posted:
http://www.freep.com/article/20100425/BUSINESS01/4250425/1210/business01/Ford-profit-1-billion
So again I ask, is this why Whitacre although telling a canard, has been pumping GM all week not to look bad against Ford's potential good news coming?
At some point soon, does CNBC, Fox Business, and or Bloomberg will do a comparison and the Free Market vs. Obamanism which will not make the dear leader look good.....
IMHO the antiseptic properties of this sunlight will not be good for "O"...