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Comments on: Government Motors flaming out – both figuratively and literally
https://norunnyeggs.com/2011/04/government-motors-flaming-out-both-figuratively-and-literally/
The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.Thu, 07 Jul 2011 21:47:10 +0000
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By: No Runny Eggs » Blog Archive » The GM-ification of the federal government, or “Obama, SEIU toss grandma over the cliff”
https://norunnyeggs.com/2011/04/government-motors-flaming-out-both-figuratively-and-literally/comment-page-1/#comment-39625
Thu, 07 Jul 2011 21:47:10 +0000https://norunnyeggs.com/?p=10686#comment-39625[…] in the government seizures of GM and Chrysler in favor of the profiting UAW (at last check, the UAW will end up getting over $1.50 on every dollar GM owed it), we should have seen this […]
They should never have done it in the first place. A normal Chapter 11 is precisely what GM and Chrysler needed, and honestly, it’s what they both will get no later than the end of 2015.
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By: Aruges
https://norunnyeggs.com/2011/04/government-motors-flaming-out-both-figuratively-and-literally/comment-page-1/#comment-39352
Wed, 20 Apr 2011 16:40:34 +0000https://norunnyeggs.com/?p=10686#comment-39352I’m actually totally ok with them dumping the stocks for a loss. Just imagine if the Gov had made money on the deal. They’d have a bragging point anytime any industry got in a scrape. “Hey, the gov saved GM and made money on it!” No need for the bailout error to be viewed as a success.
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