Journo-helpers at Bloomberg News present US auto news as Obama might prefer it

• ***SIGTARP report on auto bailout is the crazy aunt in the attic if she exists at all:

7/21 article: In the middle of a Bloomberg article about the US auto sales is buried the most important news:

• "Demand from customers remains near a historic low.

The percentage of Americans who said they planned to buy a new car tumbled to 3.7 percent in June,

• the lowest since records began in 1967,
  

according to the Conference Board’s June confidence index."...

• Cheery headline invites consumers to think things are looking up:

7/21: "Auto dealer cull may push survivors' second quarter sales to 2 year high," Bloomberg News by Theo Keith

• For many over-burdened Americans, a glance of the headline is all they will get to see about a story. They will remember "sales to 2 year high" although it means nothing positive about overall car sales or the US economy.
  

The all important opening sentence of article also makes a case for 'irrational exuberance':

• "U.S. auto retailers may post the highest sales in almost two years after General Motors Co. and Chrysler Group LLC closed thousands of smaller dealerships."...

And saves til the very end of the article a fraction of Obama's least favorite news, that of the SIGTARP inspector Neil Barofsky:

• "U.S. President Barack Obama’s administration pushed to speed up the GM and Chrysler dealership closings, which may have

added tens of thousands of workers into unemployment, Neil Barofsky, special inspector general for the Troubled Asset Relief Program, said in a July 19 report.

• “Such dramatic and accelerated dealership closings may not have been necessary
  

and underscores the need for Treasury to tread very carefully when considering such decisions in the future,” Barofsky said."