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Old 05-08-2009, 10:33 AM   #10
texasbill
 
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Drives: 2005 Silverado LS 5.3 V8
Join Date: May 2009
Location: Austin, TX
Posts: 56
Quote:
Originally Posted by trudawg660 View Post
One guy posted this

GOODBYE GM! No more bailout money.No longer a viable operation.Shut down now! And you can thank the UAW too!! I don't see Honda asking for bailout money....because they weren't cranking out silly SUV'S like GM when gas was $4.00 a gallon.And just how & where is the gov't going to guarantee a usless warranty? Doe's one have to drive to the white house for a transmission problem, or tow it there? Please!!!

Am guessing he doesn’t know what a Bankruptcy does. its going to take more money from the government to fix everything and they won’t be closing their doors. some people are just stupid. The government is more than likely going to pay more money in a bankruptcy than bailout money
I think the majority of people don't understand that Bankruptcy is an avenue to restructure. Most of the comments on that website are written by idiots...too bad it reflects poorly on my community
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