Im certain that we wont let GM fail. Failure really isn't an option when the economy is sagging like it is.
3 trillion is our bailout budget. The markets have easily a hundred times that.
Money must be made to disappear.
The bubble must burst.
true. But without government assistance a GM failure would only put our economy into a bigger shit hole.
At this point we're a shinking ship.
The only thing that scares me is what happens after the bubble bursts.
plus, any other company woudln't have its pension plan.
America can afford to foot that bill, to get rid of moneysinking huge corporations that Just won't Die! (that last bit is a reference. dunno to what, though)
You got Japan giants dominatin' right now, hardly a time when a newb will strike gold and actually survive.
It isn't so much as we have to save 'GM' its more like we have to save the '8.7 billion dollars they pump into the economy' scenario.
the auto industry!
ergh. channeling Zorgon again.
Itadekimasu!
yes.
wait.....
no.
ihavenoidea!
[ahaaa]
of insanity?
I've got two Elder Gods and a Progenitor waiting in the back on ice...