Commentary writes about The 31-Year-Old in Charge of Dismantling G.M., “in what may become President Obama’s biggest experiment yet in federal economic intervention”:
College degree: Political science.
Business degree? No. In economics, then? No.
Work experience: Center for Global Development, assistant to Gene Sperling, Hillary’s campaign, Obama campaign.
Private industry experience: Close to nil.
Auto industry experience: Zero, but slept in the parking lot of the GM plant in Lordstown Ohio.
As Commentary puts it,
It does say something about the merits of General Motors’ nationalization that its biggest champion in the administration was a political science major law-school quasi-graduate with no business experience.
Too bad the Dems couldn’t think of hiring Larry Kudlow for the job.
We’re in the best hands, aren’t we?
During one of Chavez’s customary lectures on the “curse” of capitalism and the bonanzas of socialism, the Venezuelan leader made reference to GM’s bankruptcy filing, which is expected to give the U.S. government a 60 percent stake in the 100-year-old former symbol of American might.
“Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right,” Chavez joked on a live television broadcast.