Brad Blakeman writes in a May 30 Newsmax column accusing Obama of various evil things:
By Obama demonizing venture capitalists and free markets he diverts attention away from his own intervention in free markets when he nationalized GM and presided over the laying off of tens of thousands of auto workers and suppliers, closed entire auto divisions like, Pontiac, Oldsmobile, Saturn and Hummer and closed thousands of U.S. dealerships in order to return GM to profitability.
In fact, GM announced its phase-out of the Oldsmobile nameplate in 2000 — nine years before Obama took office — and the final vehicles were made in 2004.