President Narcissus

Victor Davis Hanson with a good catch of the focus of Obama's auto nationalization speech at (on?) The Corner.

My Auto Task Force

And so today, I am announcing that my administration will...

In this context, my administration will offer General Motors adequate working capital over the next 60 days. During this time, my team will be working closely with GM to produce a better business plan.

I am committed to doing all I can to see if a deal can be struck...

Now, I know that when people even hear the word "bankruptcy" it can be a bit unsettling, so let me explain what I mean. What I am talking about is..

What I am not talking about is a process where a company is broken up, sold off, and no longer exists. And what I am not talking about is having a company stuck in court for years...

It is my hope that the steps I am announcing...

let me say it as plainly as I can ...

I'm directing my team to take several steps.

I want to work with Congress to identify parts of the Recovery Act..

(emphasis Hanson's)

Somebody better adjust the humility setting on the 'prompter.