GENERAL MOTORS IS FAILING

FREDDIE HENDERSON WAS A BAD CHOICE:Henderson(The Pillsbury Dough Boy)isnt cutting it as Gm's chief excutive officer. So how did he get the job? In a Fortune Magazine interview Steve Ratner said he picked him because Butch Wagoner said he was the best choice available. Never mind that Butch was the excutive who put Gm in the grave in the first place. Butch who lied to investors about Gm's financial condition was allowed by the Obama administration to pick his succssor and now Gm is again burning through cash and will soon be back to where they started a few months ago. FLATBROOK!!!!!
AT THE MOVIES: In a surprizing interview Francis Ford Coppola said the movie industry is washed up and that some of the big motion picture companies will soon go out of business. He said movies basically arent a relevent form of entertaiment anymore. It is attonishing that he would be that blunt.
The internet has certainly changed things as we wrote in earlier editions but a big part of the motion picture industries problem is that it has been run for a long time by bad executives who just werent capable. The industry has been poorly run for a long time and now that it is under pressure by a bad ecnomie and the internet it is collapsing.
Someday a new group of cutting edge talented creative people will discover the industry and bring it back to new heights.
PRESIDENT OBAMA IS STARTING TO PRESS THE RIGHT BUTTONS: The president is starting to figure out how to run the control panel and steer the plane in the right direction. He made some bad costly mistakes in the begining especially with the selectin of General Motors'management team but it looks like he starting to learn the job.