[Keithc8]

Well I would say that we should learn from History. This is just what Obama would like to happen, for the government and the union to end up with GM. Just another move toward sociolism which is what he is all about.
I thought in America you had just as much right to fail as you did to succeed. But not in the new America where everyone wants to depend on the government. The government can not do anything right much less run a car company. This move by the government is illegal but nothing can be done about it. The bond holders are the ones to get screwed, now lets see if any other companies can get any bond money now that the government has done this.
This is just the start of the down fall of our country. Way to many lazy and stupid people live here now. They will not let the bears eat the stupid people any more and keep them weeded out. Just my 2 cents worth.