Looks like GM will file bankruptcy.

[TheRealMafoo]

jv103 said:

TheRealMafoo said:

Final-Fan said:
MO' LIKE COMMUNIST MOTORS!

It just bothers me when I see people dancing on graves. [edit: mostly NOT aimed at OP]

@ mrstickball: That would be completely hilarious -- GM not making cars in the US, that's a mindblowing idea.

 

I am not dancing on graves. I realized they were dead 10 months ago. I have been pissed that they were not allowed to restructure and turn a corner back then. To allow a dead company to linger for months is cruel, and in no way helpful.

If my memory serves me - they died a long time ago at least 15 years ago. Mafoo - what did you think of the airline bailouts after 9/11?

 

 

That case is a little different. The government forced a lot of change onto the airlines, and thus business was effected. It would be like asking me if I would be for an auto industry bailout if one day the government told all automakers that they had to make only electric cars. In that case, yes.

If after 911, the government did nothing to the airline industry, and business was just bad because people were afraid to fly, I would not have been for a bailout.