Greatest I am wrote:
Bailouts are only for idiots because they subsidize poorly-run companies that in the natural order of things should file for bankruptcy. The plants and workers will still be there, and presumably a new company buying the assets will operate in a profitable manner.
Are you aware that G M is presently # 1 in world sales?
The bailout has shown great profit and since that model is still at hand, Obama should duplicate it as often as possible.
Shit, you don't know what you're talking about. GM may be first in auto sales, but that's about it. Please cite where you got this erroneous information. If bankers wouldn't loan GM any money, why the hell should American taxpayers??? The answer, my friend, is that it was a bad investment. Just because somebody wins the lottery doesn't make it a good investment.