In 1989, Americans celebrated the fall of socialism in Eastern Europe. Twenty years later, Americans lament the rise of socialism closer to home. One of the central components of Marxism is the workers, i.e., the state, owning the means of production. Under the Government Motors bankruptcy plan, the government would own 72.5 percent of the flailing company; the United Autoworkers, 17.5 percent; and the stockholders 10 percent. When Charlie Wilson said, "What's good for General Motors is good for the country, and what's good for the country is good for General Motors," this couldn't be what he had in mind.

One of three things – Obama is obtuse; Obama doesn’t give a crap; Obama doesn't think anybody is paying attention. Not sure, but it maybe all three.

In another one of his never ending speeches today, he adamantly states that he has no intentions that government run American car companies. But then, a few moments later, the great prevaricator talks about how they will re-structure and run by strict guidelines set out by him! You know, the community organizing campaigner. The guy who has never run anything in his life.

Welcome to the new Venezuela.