General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary.

Long before they slump into poverty, great powers succumb to a poverty of ambition.

We're told the old-school imperialists were racists, that they thought of the wogs as inferior. But, if so, they at least considered them capable of improvement. The multiculturalists are just as racist. The only difference is that they think the wogs can never reform: Good heavens, you can't expect a Muslim in Norway not to go about raping the womenfolk! Much better just to get used to it.

So there was President Obama, giving his bazillionth speech on health care, droning yet again that “now is the hour when we must seize the moment,” the same moment he’s been seizing every day of the week for the past year, only this time his genius photo-op guys thought it would look good to have him surrounded by men in white coats.

Public interest criteria does not mean criteria that the public decides are in its interest. It means that the elite - via various appointed bodies - decide what the public's interest is for them.

The United Auto Workers is AARP in an Edsel: It has three times as many retirees and widows as 'workers' (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people.

America is the brokest country in history. We owe more money than anyone has ever owed anyone. And Obama and Reid say relax, that's no reason not to spend more - because the world hasn't yet concluded we have no intention of paying it back. When they do, the dollar will collapse.