That One Relative After Thanksgiving

That One Relative After Thanksgiving

Originally published in the Ann Arbor News, Bay City Times, Flint Journal, Grand Rapids Press, Jackson Citizen Patriot, Kalamazoo Gazette, Muskegon Chronicle, Saginaw News
December 1, 2013

First, apologies to my wife’s Uncle Bob — I wasn’t drawing you! “Uncle Bob” just seemed like the best name for a grouchy old guy. Wait… that didn’t come out right either.

Anyway, the US Treasury Department recently announced its intention to sell off its remaining stock in General Motors and bring to an end the bailout process that began five years ago. There are some (Mitt Romney famously) who still contend that the bailout was a bad idea. True, taxpayers will have lost an estimated $10 billion on the deal. But with a healthy and successful GM and vibrant US auto industry, arguing against the bailout seems more and more, well, old and grouchy.

1 Comment »

  1. Jim said,

    December 3, 2013 @ 9:44 am

    Good one John. Joe G. and I were just having this discussion last Friday morning. For the record, I was in the role of “Uncle Bob”. LOL

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