'Would you like your new 2010 American-built Obamamobile in Shades of Pink, or would All-Out Red be better?'

"Oh, one more thing: In addition to transportation to the selling point charge, dealer prep, cap 'n trade fees, new technology surcharges, the mandatory universal no fault auto insurance costs, sales and other state and local cash entitlement fees, there will be a slight additional surcharge of 10% for the new UAW Political Action/Slush Fund fee. Plus, you need to pre-pay your expected first year red light and speed camera traffic fines of $5000. And, of course, there will be no refunds or carry overs year to year."

Unfortunately, the Obamanationization of the U.S. auto industry is likely the kiss of death, even with some of the non-level playing field conditions the Obamamobiles are sure to enjoy.

Noteworthy:

"Stacking the deck in favor of GM and Chrysler, and using new taxes to create demand for alternative fuel vehicles which Obama wants built in the US, won't be enough to guarantee success for Chrysler and GM. The Politicized auto industry will still need to compete with the strongest players in this market. GM and Chrysler will need to have excellence in design, and to manufacture cars that are high quality to attract buyers.

As we see in the banking industry, having the government as your investment partner creates huge disincentives to attract and retain top, capable, and motivated management. This is the fatal flaw of Obama's politicization of the American automobile industry, and it will be shown that the money from the US Treasury was a poor investment, and the better outcome would have come from a regular Chapter 11 reorganization without the Obama's heavy handedness."

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