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Re: GM bankruptcy plan eyes quick sale to government

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This is the article I referenced in another post.

Basically, the government is looking to screw the taxpayers out of $15 billion of bailout money, much of which went to the labor unions. Now under this deal, it looks like the unions will get billions more. Now that the government is running the auto companies, is it any wonder they are being good little Renfields and slobbering all over Obama's demands for measure that will destroy the auto industry?

Given that millions of manufacturing jobs have been lost in the last year, and millions more in the 15 years before (counting back into the Clinton administration), it makes one wonder. I know that a number of ecogroups want to destroy as much industry in the US as possible in their mad quest to cut carbon emissions. They may well succeed, but of course, all that will happen is manufacturing will go to nations with few or no environmental laws, so net pollution will still increase. At the same time, because we no longer make anything, our money will be increasingly worthless and we won't be able to buy the things made in those other countries, so our economy is really going to crash.

The people in charge just don't have a clue, but then, none of that have for the last 20 years or so.

In a message dated 5/19/2009 9:06:56 P.M. Eastern Daylight Time, no_reply writes:

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