Bankruptcy is exactly what GM needs!!!
Do it right this time, no bailout and wipe out the unions and their benifits/pensions!!!!
GM should have been broken up.
It’s obvious that the UAW is a cancer that kills any company it gets involved with. Even the brain-dead auto executives at the “American” companies know this. Ford has been moving production away from the Midwest to Mexico for years. Chrysler is dead, and the Italians are going to shift what little production is left overseas. GM is shifting production to China. It’s all to flee the UAW. None of the foreign transplants here want the UAW in their plants.
But the unemployed UAW workers will still go to the union hall for beers, convinced that the overgrown decaying empty plant next door will someday spring back to life. It’s like a cargo cult.
Do it right this time, no bailout and wipe out the unions and their benifits/pensions!!!!