LawEconUSMC Wrote:
Sep 07, 2012 11:16 AM
No private sector party would bail out General Motors because it caan't be saved. They will be back in Bankruptcy in the next five years becaausse their green energy policy will fail and they did not use the bankruptcy system to shed unsustainaable pension and heaalth care benefits. They have not paid back the bailout money and the united States transferred ownership of the common stack to the employees unions. Our billions stalled the inevitable, but that is fine policy of the private sector unions.