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<description>President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and raising the possibility of quick bankruptcy for either ailing auto giant.</description>
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<item><title>Comment from Matt Bell</title>
<link>http://www.statenews.com/index.php/comment/view/35488</link>
<description>Ah, this is clearly the ticket.  Obama has had all kinds of experience in industry, particularly the auto industry, and knows exactly what it takes to build a viable business plan in a down economy.

	Oops &#8211; wrong president.  Obama has never done an honest day&#8217;s work in his life and proves his disdain for those who do by authorizing millions in bonuses for bankers while eviscerating Detroit.

	But hey, this is what you jokers voted for.  Enjoy it.</description>
<pubDate>Tue, 31 Mar 2009 15:15:23 -0400</pubDate>
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