Monday, October 26, 2009

Ford Had A Better Idea . . .

As the WSJ notes here, the one car company that refused a federal hand-out is the only one now turning the corner:

"Ford Motor Co. has weathered the car industry's downturn better than many competitors. Now some analysts think the company has turned the corner so far it could report break-even results for its core North American operations or even an overall profit when it releases third-quarter earnings Nov. 2.

At the heart of Ford's relative success has been its ability to minimize its year-over-year sales declines while taking advantage of its competitors' weakness and grabbing market share."

Does anyone in the Obama Administration see the connection here?  I thought not.  

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