The bail-out was about the UAW guys. If GM failed without the Govt. bail-out then the UAW would naturally be fired by the receivers because all contracts on the current table at the time of the bankruptcy would be void.
With the govt. in the game calling the shots their supporter, the UAW, gets to still be a player. D.C. knew GM was dead last year. Its all about the union and saving those big union guys that wrote the big checks for elections.
It has not one thing to do with workers. The dealers closed will be, for the most part, white republicans who did not support the incumbent in that area. Like the old days, support me in this war and I will give you a castle, even if it used to belong to somebody else.
Do not ever think the govt. is stupid. They are not! They just don't care about you. They are lining their pockets and the pockets of their friends at your expense.
This is not a new thing, just on a grand scale these days. It started with Mr. Paulson saving his own bank first, and Mr. Cheney hiring his old firm with no bid policies by the way, not the current guys. The current guys learned a great deal watching the parting out of a country from the sidelines.
The "New Deal" is a bad deal for all but those on the inside. In ten years there will be a new batch of billionaires getting awards for their great business leadership. All will forget it started here with redistribution.
I will go sit with Dwight now.
