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As a GM dealer I think they will make it with the loans. I see a small cash infusion to get them through the next 60 days happening and nothing more from this administration. I think Obama will come through with more funding and a better plan after he assumes office. understand I am a card carrying Republican who is seeing red over this bullshit congress is putting these corporations through. I may have to go over to the dark side if the Republicans kill this thing over some petty ass pork but I am afraid thats excatly whats going to happen. The friggin banks got 700 billion that they are sitting on and buying up other banks with doing NOTHING that they said they would without so much as a raised hand crying for help. Those fat ass politicians all drive BMW"s and Mercedes and dont really give a shit about the big 3. They did of course care about all of there bank investments etc so that bill went right on through. I have given hundreds of thousands of dollars to various Republican candidates and party needs over the years but that shit is over if they **** this up which in my opinion they are already doing.
So in short, a temporay fix will get passed to get GM throug until Obama comes into office and the Dems gain control then an unlikely savior will make this shit right and give a full funding package to the big 3. It is indeed a sad day but maybe good times are just around the corner!
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