Lessons From GM

The Lessons of the GM Bankruptcy, by Paul Ingrassia
http://online.wsj.com/article/SB10001424052748704113504575264641145227612.html?mod=djemEditorialPage_t

Not much more to say, the article is very good. Summary: "Everybody knows that we're running unsustainable federal deficits. ... Continued denial and delay will prove ruinous. To put it another way: America bailed out General Motors, but who will bail out America?"

We have seen what happens when we kick problems down the road (GM, Greece). This could happen to the United States.