Quote:
Originally Posted by mikenmar
Dude... If the Obama administration hadn't stepped in, GM would already have gone "completely bankrupt" (meaning it would have gone into liquidation already).
The only reason Camaros are still being produced right now (and will continue to be produced) is that the govt gave GM the money it needed to pay suppliers. Otherwise, no parts, and no Camaros.
Something to think about, for those of you taking delivery lately...
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Bush and Obama both thought GM was to big to fail and spent billions of taxpayer dollars doing it. Yes we want our camaros but having the government own 70% of a private company means they will call the shots. Obama doesn't strike me as the V8 big horsepower kind of guy. The V8 camaro has been saved for now but don't count on the government to keep the muscle car dream alive. If they had their way, we would all be driving civics tomorrow! (Except for them of course)
