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Old 01-05-2012, 10:08 AM   #5
montreal2010yellow


 
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Drives: 2 LT/RS YELLOW, AUTO., VIN NO. 602
Join Date: May 2010
Location: LAVAL (10 min. north of Montreal), CANADA
Posts: 3,526
I think that such loans should be paid back ASAP if the company stops operating. I live 10 minutes away from the old plant and it costed millions in unemployment for the laidoff employees, which comes from my money from my paycheck.
Now the plant is a very large shopping center where more public funds had to be paid to set it up. So this 110 millions (Quebec) could have been used to set up the new center. IMO Quebec had to pay over 300 million$ since GM shut down just to keep the ecomony rolling in that area. It use to be very good jobs, but now he they are replaced by minimum salaries.....and no interest....I wonder why the Goverment does'nt loan me some interest free money. I pay over 3 quarters of my paychheck if I include all taxes. Here gaz is almost 5,00$ a gallon (40% tax in that).
Finaly GM is wise, and our Goverment is stupid....
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