Senator rips auto industry at bailout hearing - Nov. 18, 2008

Senator rips auto industry at bailout hearing - Nov. 18, 2008: "General Motors boss Rick Wagoner said his company was attempting to transform itself. He ticked off a long list of innovations - from developing nine hybrid models for next year to rapid development of the Chevy Volt, a car that runs on just electricity.

'We felt we were well on the road to turning around the North American business,' said Wagoner. 'Since then, the industry and the economy has been hit hard by the global financial crisis. It threatens the turnaround and GM's financial survival.'"

Dump the rotten monarchy of Wagoner, Mulally and Nardelli, cut lobbying efforts by 75%, stop saying "Oh, we didn't see the world economic crisis coming and we would have been fine except for that." It's not believable. Do all this and more and maybe you can have the $25 billion.