[maggief]

General Motors and Chrysler as yet haven’t done enough to earn long-term support from the US government.

That’s President Obama’s blunt assessment, made public a day before he plans to outline the latest White House aid proposal for the traditional US auto industry.

The troubled firms have made serious efforts to reform, and the White House has said it believes the US can have a successful auto industry.

But GM and Chrysler “aren’t there yet,” said Mr. Obama in an interview with CBS News’ Bob Schieffer that was broadcast on “Face the Nation” on March 29. “We think we can have a successful US auto industry. But it’s got to be one that’s realistically designed to weather this storm and to emerge, at the other end, much more lean, mean, and competitive than it currently is,” he said.

http://features.csmonitor.com/economyrebuild/2009/03/29/obama-wants-more-reform-from-gm-chrysler/

[April Lexington]

Oh, man. Maybe Obama is planning to put Wagoner in charge of Afghanistan!!!!!

[kcvl]

The troubled firms have made serious efforts to reform

That's pure BS!

[dools007]

No, no, and no. What he really means is that these companies must commit to build cars nobody wants for reasons that don’t exist.

[nobama08]

What does Nobama know about running any kind of company? He won’t be happy until America collapses.