Newt G.Calls Em The Way He Sees Em

Newt Gringrich dosent pull any punches when giving his opinion. He tells it the way he sees it no matter how abrupt that may be. When his first wife was on her death bed dying of cancer Newt straight forwardly walked into her hospital room and said this dosent look like the wife of a future president. She eventually recovered and divorced Newt. They had been high school sweethearts. She was 16 years older than Newt and his high school math teacher when they first met. She tutored young Newt and he responded strongly to her experience and teachings. Mother Gringich preveiled and they waited until after the Senior Prom to consumate.
Now Newt in his staight forward manner is saying the Obama administraion has failed and that government ownership of Gm wont work. Private ownership of GM certainly didnt work but that is a topic for another day. But Newt does have a point. Ifen Freddy K.C.Henderson Gm's chief excutive stays on in that job the new Gm is proably doomed to fail.
Here is guy who couldnt even manage a gas station and yet the Obama administration picked him to run the new Gm. Never mind that he helped bankrupt the old Gm by stumbling as its marketing director.
The current issue of Motor Trend on the cover said Cadillac beats Bmw. Had Freddy done a better job of marketing maybe Gm wouldnt be bankrupt today.
Obama's presidency hinges on what happens to Gm. Obama has to decide what is more important keeping a retread like Freddy Kc Henderson on as Gm's chief excutive or the success of his presidency. Because if Henderson dosent leave the New Gm its going to end up in the same place as the Old Gm. BANKRUPTUCY !!!!!
THE DETROIT TRADING RECOMMENDATIONS: If you shorted the stock market today as we suggested yesterday it looks like you have a good trade.