Obama during his administration usually had the reverse midas touch in regard to any business which he lauded and on which he wasted government money. Case in point, two lemons from “Government Motors”:
Six years ago, President Barack Obama promised to buy a Chevy Volt after his presidency.
“I got to get inside a brand-new Chevy Volt fresh off the line,” Obama announced to a cheering crowd of United Auto Workers activists. “Even though Secret Service wouldn’t let me drive it. But I liked sitting in it. It was nice. I’ll bet it drives real good. And five years from now when I’m not president anymore, I’ll buy one and drive it myself.”
Now it looks like Obama will not get his chance to make good on the promise. General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.
Go here to read the rest. To be fair to the most ex of our ex-presidents, most politicians, especially on the port side of our politics, would swiftly bankrupt any business which they headed in the private sector. That is your cue Doctor Stantz: