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GMAC was founded by General Motors in 1919 to provide a loan source for its dealers. It is now controlled by a group of investors led by Cerberus Capital Management. It has evolved (though some say it's been more of a de-evolution) to include real estate, insurance and commercial banking.
Our good friends over at Popular Mechanics have been on a fuel-saving tear as of late, putting the brand-new Jetta TDI up against the reigning mileage champ, the Toyota Prius, and following that comparison up with a test of Chevy's Cobalt XFE. What's the next obvious choice for a mileage ru...
While the Pentagon set this up as an outlandishly naive policy to be refuted strongly, this may be our best possible exit strategy. The American public could either (1) be properly prepared for the consequences of such a pullout -- to the point of accepting the resulting slaughter as a very...