I’m not buying from them because I won’t buy from an entity that has been taken over by the government in this fashion. I will stand with the secured bondholders, even if our president won’t.

I’m afraid that I’ll remain sketical about Hoyer et al’s good intentions for now at least. I mean, are they prepared to track this down no matter where it leads? Yeah, right. Hoyer recommending that the Auto Task Force look into this is funny – that’s the LAST body that should investigate this matter, since it is running the deal to begin with (protestations to the contrary notwithstanding). Indeed, Hoyer at al’s suggestion should remind folks to be ever skeptical about Democrat motives even when it might appear on the surface that they are doing the right thing.

The Good (scenario): Hoyer and ilk are truly concerned about the political ramifications of Obama’s and the “progressive” left’s economic policies, which could seriously jeopardize the Democrat’s long-term prospects. They know that taking on Obama frontally could cause internal damage to the party, and/or themselves, but they think the alternative of doing nothing appears to be a worse bet. They could be signaling the need for an internal housecleaning that would have to appear from the outside as the Obama administration ‘growing on the job.”

The Bad (scenario): many of the dealers on the ax list are now under the protection of Hoyer et al, whether that was the administration plan all along, or Hoyer is working his own branch of the Democrat party machinery. Hoyer will now work to rescue his new clients and/or cushion the blow somehow, and those dealers will now be under the Democrat umbrella $$. See: Maggie’s Farm, http://maggiesfarm.anotherdotcom.com/archives/11636-Mission-Accomplished!.html. The original criteria used to make the selections will never see the light of day, but the parties will be “satisfied.” The media will credit Obama and the Task Force for compromising, finding solutions, etc.

The Ugly (scenario): one potential snag – Who will actually buy the vehicles (including GM)? Local, state, and fed government can buy a lot, as well as fed & state subsidized non-profits, but is that a sufficient market? Obama and Dems may not care: they rescue UAW, add some new dealer clients, and kick another problem down the road.