GM stock, is valued at 1.8 billion. That’s it. The US government could buy GM for less than 7% of the 25 billion bailout.
The Rats plane to legislate unions into existence at the foreign car plants in the US. The increase in costs will help the B3 become more competitive and raise the price of cars to the consumer. The UAW is standing their ground because they know that the Rats will not abondon them.