Too big to fail? OK.

This is one case where I agree with Barry.

GM accepted the bailout, spent the money on God knows what and now wants to back out of the deal they made.

They stepped in the Obama and the stink won't go away.

GM Wants Out of Government Ownership But Obama Refuses

Up yours, Government Motors!


General Motors is pushing the Treasury Department to sell its stake in the company, but the Feds are resisting… interesting!According to Market Watch, GM is suffering from the government’s participation in its management. After the largest bailout in U.S. history, taxpayers (and we use that term loosely) own about 27 percent of the company. But General Motors says that government ownership is hurting its reputation, and due to salary restrictions built into the bailout, GM is having trouble attracting talent.

The joke is GM stands for “Government Motors,” and it’s hurting the company’s sales, perception and value.

Another reason the government won’t sell its shares in GM is because it would result in a huge financial loss. The Treasury Department would “take a bath” financially, and Obama doesn't want proof the bailout failed in an election year.

http://newstalk870.am/gm-wants-out-of-government-obama-refuses/

can't blame them,the Unions are killing them!

I TOTALLY missed this part.

Another reason the government won’t sell its shares in GM is because it would result in a huge financial loss. The Treasury Department would “take a bath” financially, and Obama doesn't want proof the bailout failed in an election year.

Perhaps it's not what you might think.....

http://www.youtube.com/watch_popup?v=Lvl5Gan69Wo

Maybe they can replace all those expensive robots with child labor.

Chinese some tough mo-fos to work for. Slack off and you can get reeducated, caned or out the door.