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Slate blogger Mickey Kaus meditated on China's recent currency revaluation, noting that with every 2% increase in the value of the yuan, it makes it 2% easier to buy floundering American brands and use them as venues for their own products. And who fits that bill right now better than General Motors? He also notes that Supreme Court nominee John Roberts drives a PT Cruiser, saying, "This may be the scariest thing I've heard about him. ... An ugly, immature attempt at returning to an earlier era! Is that what the Constitution will look like after Roberts is through with it?" [Thanks to CTE for the tip.]

Does China Want to Buy GM? [Slate]

The Truth About the GM Death Watch: Employee Discounts Unmasked [Internal]