Obama fired the CEO of GM
My understanding of the situation is probably too limited, but it seems to me that the following sequence has occurred:
1) The Democrats passed laws giving more power to the unions
2) The Detroit auto companies went bankrupt because of the burden of excessive retirement benefits and "cadillac" insurance for the retired workers
3) The Democrats have taken control, to some extent, of the companies that they caused to go bankrupt in the first place
Am I close, or way off base ?