[taildragger]

Now that the Chinese deal for the Hummer has fallen through, it's possible the enabling legislation was not really sufficient to keep the company in money, and this successor organization is going to go bankrupt as well ~ probably in weeks.

Interesting analysis. I will be watching. One of my gnomes and I if have noted, and when they try to go public, you are buying a big chunk of VEBA liability no matter what they say. Their is no their-their. Chrysler is dead man walking, GM has product but like I said, my jury is still out. I wish I had more of how and why you think they only have weeks...

[muawiyah]

As the stock markets can tell you, there's no profit in business anymore. Sure, they can keep the doors open, but margins are slim, and labor is going to start getting far cheaper as the unemployed make their presence felt.

With no profits there are no taxes, and without serious government subsidies, GM is going to go down again!