The Oldest Government Run Business

In these days of bailouts and government intervention, there is much talk about how effectively the Government can run any business.

To see what the future for GM and others may hold, it pays to take a look at how the US Postal Service is run.

Most American citizens are blissfully unaware of the degree [...]

Time to pull the plug on GM?

President Obama is nearing the most important decision a President has made in modern times regarding the American economy. On or about June 1, he will push General Motors (GM), the nation’s largest industrial company, into bankruptcy.

via Why a GM Bankruptcy Would Be a Disaster – BusinessWeek.

Let’s be honest, President Obama has put [...]