[tired&retired]

"With more losses and expenses coming, taxpayers can expect to see their investment in GM’s North American operations continue to support a steady flow of cash to GM’s overseas operations. Perhaps taxpayers should have been told that they weren’t simply bailing out an American automaker, but a variety of overseas operations as well."

[Ann Archy]

“GM is alive and Osama is DEAD”.....yeah....right.

[ClearCase_guy]

If you have advanced factories, and if you have a skilled workforce, then the work will be performed. GM could have gone bankrupt -- but someone would have shown up with money and started over. A new corporation would have been formed (without unions) and the assembly lines would have re-started, and cars would have been manufactured.

The bailout was never needed.

[Pollster1]

GM is dead to me - permanently. I will never under any circumstances purchase one of that corrupt company’s products. The sooner tehy disappear from the earth, the better. Their factories and employees can be used by an honest company, but I do not deal with crooks.

[blueunicorn6]

This is one problem you can hang on the liberals. Did GM management know how to be profitable? Sure did. Did GM management know that their cost to produce a car was too high in comparison to their competitors? Yep. Could they have lowered the production cost per car to make themselves profitable and viable? Of course. Would the liberals let them? No way. If GM had gone to the unions and said they were cutting wages and benefits by 50%, the Democrats and media would have crucified them. So, GM management philosophy became, “Let’s see if we can kick this dead cat down the road far enough that I can get my retirement before it stinks too bad.” Get government and the Democrats out of the way and GM will be fine.