From the Wall Street Journal's Washington Wire blog: In a rousing, campaign-like address, Obama hailed the return of 150 workers here yesterday, and the pending return of more than 1,000 more in the next three weeks as the plant gears up to build more Chevrolet Cobalts. Inventories of the small cars were depleted by the "cash for clunkers" program, and the Lordstown plant is preparing to launch the Chevy Cruze, a small, high-mileage car next year, just the sort the Obama administration has hoped GM would embrace. Obama said he hadn't run for president to run a car company. "It wasn't on my to-do list. It wasn't even something on my want-to-do list." But, he said, "For me to just let the auto industry collapse, to vanish, would have done unbelievable damage." Sounds great, but as NTU's Pete Sepp observed: "This Sunday, General Motors launched a new marketing campaign, 'May the Best Car Win,' and will offer car buyers a 60-day money-back guarantee. Perhaps a more fitting slogan is 'Taxpayers, You Lose.'" Anyone else concerned that what might "vanish" is the billions of tax dollars that Americans have "invested" in GM?   Email This   Print This