Monday, April 6

We've Got One Word for You GM: Bankruptcy

I couldn't agree more with this advice to GM written in yesterday's OC Register:
If there is any intelligent life left at General Motors, it should run –not walk–to bankruptcy court. That may be the company's only chance to free itself from the triple vise of unions, creditors and, now, President Barack Obama, who is by no means the least life-threatening of the lot.

What is maddening is that if the government would've just let them fall into bankruptcy months ago, we would'nt have wasted $14 million of taxpayer money. But what do I know, I'm just a conservative.

Great article. Take three minutes and read it.


Anonymous said...

I love your blog and appreciate the things you share.Keep up the good work.

Mel- Common Sense Mom said...

Exactly, isn't that what bankruptcy was created for. Clean-up the mess with out the politics!


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