[April Lexington]

I was listening to two semi-lib NY’er local brokers on the radio pitching stocks. they were talking about how GM and Chrysler will eventually have IPOs and will do well because their costs have been reduced. I just laughed and knew they were Obama stooges.

The young liberal crowd has really drunk the Kool Aide on this one. GM is losing market share and is running in the red AFTER emerging from bankruptcy. Not a good sign. The ad campaign seems to be bold and fresh but the cars simply are not competitive. A $40k La Crosse or a $12K Hyundai when the Hyundai is the better car???? Cigar chompin union cavemen and governments simply cannot be successful in a competitive global market. Even the government controlled German and Japanese car companies will eat their lunch because they understand global markets...

[caver]

“The young liberal crowd has really drunk the Kool Aide on this one. GM is losing market share and is running in the red AFTER emerging from bankruptcy.”

One thing that I have noticed is that the young liberal crowd do not drive GM, Chrysler or Ford. The young libs will do in the big 3.