GM is just a pension and healthcare provider that just happens to produce automobiles. That's all it's been for 40 years. There are more retired GM workers collecting than actual workers. The TARP money is gone and more will follow. The secured debt holders, that includes non UAW pension funds, were told to go pound salt. Of course the gov will only be involve for a short time, right? Remember when Nixon said AMTRAK subsidies would only last 3 or 4 years.


Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. H. L. Mencken