It seems the bottemless pit just gets deeper and deeper.
With GM saying they may need a total of 30 billion and Chrysler announcing they need 9 billion total for the bailout.
Seems like when they get you on the hook then the real number start to come out of the blue.
When will this end, dont think the US or Canadian tax payers will keep shoveling in the cash indefinitly.
I say go file for chapter 11 and restructure the company to work more efficently and put wages, bonus's etc
back in line where they should be, or maybe this is what GM really wants to do in the longrun?
I think we are at a very critial point with either the economy slowly starting to stabalize and long term recovery
or it will take a dive into a deeper recession. Or could we ever say the "D" word again? Only time will tell.
Ok enough of the rant
With GM saying they may need a total of 30 billion and Chrysler announcing they need 9 billion total for the bailout.
Seems like when they get you on the hook then the real number start to come out of the blue.
When will this end, dont think the US or Canadian tax payers will keep shoveling in the cash indefinitly.
I say go file for chapter 11 and restructure the company to work more efficently and put wages, bonus's etc
back in line where they should be, or maybe this is what GM really wants to do in the longrun?
I think we are at a very critial point with either the economy slowly starting to stabalize and long term recovery
or it will take a dive into a deeper recession. Or could we ever say the "D" word again? Only time will tell.
Ok enough of the rant