To: HotLead61
I'm saying the lead story on Bloomberg is the team at GM carefully preparing their bankruptcy filing. GM is going bankrupt. Full stop.
322 posted on
04/07/2009 7:37:29 PM PDT by
JasonC
To: JasonC
But they should never have received funds. They should have to sleep in the bed they made, not be propped up with my tax dollars.
And, as you say, they're going bankrupt anyway. So what good did the money do? Any other occasion in which private-sector enterprises have received government subsidies (I realize that there have been others) has served only to entrench the precedent for the "next time", and the "next time", until the government is in charge of way more than it should be. And you know full-well that the government does not have a good track record of being able to manage much of anything.
327 posted on
04/07/2009 7:45:00 PM PDT by
HotLead61
(Death as a Free Man is much preferred to "life" as a slave)
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