the talking heads convinced people that GM going bankrupt would shutdown GM and all those production lines. IMO, the reality would be someone/group would buy the parts of GM that could be turned into profitable businesses - then they'd de-unionize them and make lots of money.

Our main stream news media painted a picture of closed factories , etc - inaccurate IMHO... But we all know opinions are like bellybuttons - everybody has one..

LarryT
91 300D

On 2/21/2012 8:00 PM, Mountain Man wrote:
Grant wrote:
Large expensive car companies went out of business about year 4
of the "great depression" , we are coming on to year 5 of the new "greater
depression" so dumping the luxury car is on schedule.

Another 4 years of "Chains we can bleed in" anyone?
The brainwashers are out indoctrinating us that Detroit bailout has
saved a national treasure - GM making highest earnings ever.  I'm
waiting for the elephant in the room to be seen.
mao

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