Excerpt:
GM responded to the 1970s gas crisis by handing over the American market to energy-efficient Toyota and Honda.GM met the rise of the hybrids with "light trucks."
GM built a small electric car, leased a pilot fleet to consumers who loved it, and then forcibly confiscated and trashed them all.
GM now wants to market a $40,000 electric Volt that looks like a cross between a Hummer and a Cadillac and will do nothing to meet the Solartopian needs of a green-powered Earth.
For this alone, GM's managers should never be allowed to make another car, let alone take our tax money to stay in business.
But there is also a trillion-dollar skeleton in GM's closet.
This is the company that murdered our mass transit system.
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