View Single Post
  #16 (permalink)  
Old 06-03-2009, 04:30 PM
cobra de capell cobra de capell is offline
Banned
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Middle Of Nowhere, USA
Cobra Make, Engine: ERA 428 FE 4-speed CR "TL" heavy spline
Posts: 3,907
Not Ranked     
Default

Well, whatever the federal government projections are on the downside - triple it and triple it again practically every year from now on out.

The money finished to GM by BOO is probably in the old GM and will never be repaid.

By the way, why is it that GM always needs to come up with a plan for profitability but the federal government doesn't need to come up with a plan to get our money back from GM? This is a business transaction, not a war - therefore, what is the end game in this piece of business? Even a bank would not have forked over billions to GM, why is it that the federal government can do it? Actually, it's not even about GM, it's about the UAW.

The only light I see at the end of this tunnel is the mid-term election and, of course, 2012. Opportunities for Americans to do the right thing.