Obama folks drive foreign

Treasury Secretary Tim Geithner is no dummy - he owns a 2008 Acura TSX. White House Economic Advisor Larry Summers has a 1995 Mazda Protégé and Budget Director Peter Orszag drives a 2008 Honda Odyssey. Politico surveyed West Executive Drive, where White House staffers park, and found only five American cars out of 23. All right, it's a little on the gotcha side, but doesn't it speak volumes about the failure of the U.S. auto industry? By the way, the new CEO of GM, Frederick A. Henderson, says that bankruptcy was "more probable" than ever. Sounds like a foregone conclusion. From the NYT:

We will either do it out of court or we will do it in court," Mr. Henderson said, "but we will get the job done in terms of recreating and reinventing General Motors as a competitive enterprise, one that wins in the marketplace."