Monday, February 16, 2009

A GM Bankruptcy?


I say, go for it! If in fact it's a viable plan, it seems like a much better option than limping along, surviving only with infusions of taxpayer money.

The viability of a GM bankruptcy might also give Congress the backbone to give Cerberus the overdue instruction that it needs to live up to its claims of being a turnaround specialist, and require it to pay for its own mistakes.

3 comments:

  1. Nothing will ever give Congress a backbone or a brain. You can bribe or threaten them, but those are pretty much your only options.

    The fact that the only media outlet I see publicly complaining about giving "Chrysler" loans that benefit Cereberus but don't obligate them is you is pathetic (no offense).

    CWD

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  2. Did you really just tell me, "you is pathetic (no offense)"? Trying to pick a fight? ;-)

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  3. You looked like someone who would be easy to intimidate . . . and I don't like getting the police involved. : )

    CWD

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