Looks like GM is going bacnkrupt again.

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8/18/2012 6:14:43 PM	Looks like GM is going bacnkrupt again.
58dpilot Springdale, AR 62, joined May. 2012	A revealing article with excellent links to associated articles and other information is provided below. What is so telling is that when the government picks winners and losers it does a poor job. One thing to remember about it is that the GM bailout, like Chrysler, wasn't designed to save any "fat cats" in corporate jets, or a company, or investors. It was purely to protect the UAW and buy union votes for Obama and the democratic party. Similarly, the other "bailouts" and investments in government sponsored projects will work the same way. When the "stimulus" money runs out, so will the jobs. Watch the unemployment rate soar then. EQ1 and 2 are over and there isn't any more to give. For further reading the following article from Forbes is revealing. It presents the facts and helps one form realistic opinions about a lot of other things. It also illustrates how we are losing to more competitive companies based overseas. http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/ Meet singles at DateHookup.dating, we're 100% free! Join now!
8/19/2012 12:12:27 AM	Looks like GM is going bacnkrupt again.
pelham12345 Bronx, NY 35, joined Dec. 2011	Can't keep putting out subpar products or things people dont want and expect to survive.. Lookat ford, they didnt take the bailout.. They restructured and cut products people werent buying and posted a profit (i havt kept up, dunno how they doing so far this year)
8/19/2012 12:53:00 AM	Looks like GM is going bacnkrupt again.
58dpilot Springdale, AR 62, joined May. 2012	Ford is doing great! GM and Chrysler? Not so good. Go figure.
8/19/2012 1:19:25 AM	Looks like GM is going bacnkrupt again.
58dpilot Springdale, AR 62, joined May. 2012	The people that feed you make $10 an hour. The people tht make cars get $64 an hour. Go figure why you can still afford to eat (barely) and a car costs as much as a house, even though it takes less than a day to build. It's unions. Only 5% of them are private, the rest work for govenment. Why are they so expensive comapred to you and me and everyone else? Go figure! They have unions...graft...extortion....political favor...go figure....it ain't hard. They are ripping us off with Obmasses support. Sucks to be anyone else, ya know?