To: autumnraine
Read the fine article. It talks of creating a new company, and the gov taking over GM then selling to this “new” company any “healthy” assets. Guess this means the “unhealthy” assets would twist in the wind or be transferred to the same imaginary hole where the gov is storing the “toxic” assets it bought.
To: epluribus_2
Guess this means the “unhealthy” assets would twist in the wind or be transferred to the same imaginary holeYou mean the taxpayers would be left holding the bag?
10 posted on
05/19/2009 12:33:31 PM PDT by
Glenn
(Free Venezuela!)
To: epluribus_2
Worse. Healthy assets will be handed off to the UNION.
Sigh. When lunatics run the asylum...
16 posted on
05/19/2009 12:35:20 PM PDT by
bolobaby
To: epluribus_2
34 posted on
05/19/2009 12:44:00 PM PDT by
silverleaf
("Never forget that everything Hitler did in Germany was legal ( Martin Luther King))
To: epluribus_2
GM stock closed with a 7.6% gain today...
What!!!???
106 posted on
05/19/2009 1:24:29 PM PDT by
Former MSM Viewer
("We will hunt the terrorists in every dark corner of the earth. We will be relentless." W 2001)
To: epluribus_2
It means taxpayers will pay the 40 billion retooling for CAFE standards to be met.
134 posted on
05/19/2009 2:08:52 PM PDT by
OafOfOffice
(Constitution is not neutral.It was designed to take the government off the backs of people-Douglas)
To: epluribus_2
"
You don't know how to read the poop that this gang puts out. - This is all about pulling the UAW's fat out of the fire.
155 posted on
05/19/2009 3:00:47 PM PDT by
editor-surveyor
(The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
To: epluribus_2
After U.S. taxpayers spend hundreds of billions to “fix” GM - the new owners will be the UAW and Obama’s cronies. It will eventually fail.
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