As somebody who lives in the Midwest, it’s been pretty upsetting and horrifying (yes, horrifying) to see what is going on with the auto industry and the economy. While banks can feel free to suck money from taxpayers so that they can then *loan* taxpayers that same money back to us–the auto industry (which provides actual jobs by which taxpayers can feed our kids and pay banks money so banks can loan it back to us), is being whipped like a dead horse.

Obama just pressured the GM CEO to resign–a sign of stregnth, yes, except that the person replacing the CEO is another GM guy.

Obama’s going to be speaking about his plans for the auto industry in minutes. Tune in here.