Sad but this was inevitable with or without Obama's aid... Excessive greed and welfare-type entitlement mentality of mega UAW caused this for many years running a dead horse into ground.... Now, in time can they learn to do like the rest of us and streamline and live on less and do without as millions of citizens already are?? I feel not, so it will be years if ever GM or Ford or other get the clue the USA and its middle class no longer exists as it once used to which drove these car makers and autos to the levels and costs they are at today- now with middle class all but gone as was predicted over 20 years ago,who will buy the amount of new cars needed to keep these guys afloat in the green???
I am glad my old lessons were learned and I sold my GM stock long ago prior BK talk becoming mainstream, and still remember the CEO saying "we will not file bankruptcy"...
