By Seton Motley | June 11, 2012 | 8:50 AM EDT

The $82 billion auto bailout has been a Crony Socialist nightmare mess. We’re going to lose at least $30 billion on the deal.  And that’s only if the Barack Obama Administration’s math can be trusted - a dicey proposition at best.

The Administration eviscerated two hundred-plus years of bankruptcy law, throwing bond holders over the side to over-reward their United Auto Workers shock force buddies.

General Motors (GM) is cutting undisclosed deals with executives’ wives businesses.And on, and on, and on....Haven’t heard most or all of this?  Not surprising - the Jurassic Press ain’t reporting it.

By Seton Motley | February 20, 2012 | 9:49 AM EST

One thing I’ve learned in the year I have spent tracking General Motors cum Government Motors (GM) - and all its Crony Socialist, green non-energy “energy”, flammable absurdities - is the fact that the car media are every bit the Leftist open-channel steno pool as are the political media.  

And with President Barack Obama running for reelection in large part on the utterly failed “success” of the $85 billion auto bailout, the car and political media have by now achieved fully melded fusion.

The examples are myriad.

By Seton Motley | October 14, 2011 | 11:20 AM EDT

The New York Times today has a piece entitled:

Auto Bailout Done, Obama Looks for Payback 

Two problems - with just the headline.  Which the Times either ignorantly doesn’t know - or knows and willfully ignores. The auto bailout isn’t “done.”