Little Caesars - Democrat Owned, $5 Pizzas, Full & PT Worker Health Insurance

[DainBramaged]

51. Quite a few thousands of us at the UAW think you have no idea what you are talking about, other than

spewing a right wing talking point.


Here's a very simple answer you could have found if you had just realized Google is your friend:

GM declared bankruptcy when they couldn't get loans from the big new york banks. The government lent them money until they could restructure themselves. The big banks who held gm bonds wouldn't agree to refinancing so GM had to file.

The situation now is pretty good. They have refinanced their loans, got rid of Hummer and Saab, closed Pontiac and Saturn. They should emerge from bankruptcy this summer. Many feared that people wouldn't buy cars while gm was in bankruptcy but that hasn't been the case.


http://answers.yahoo.com/question/index?qid=20100221101402AAsmSLf


And furthermore, two of the LOUDEST voices against the GM loans were Bob Corker and Richard Shelby whose states had huge foreign transplant factories that would have benefited from GM not being "bailed out". In the end, they should have been charged with treason.


Have a nice uninformed life.


By the way, when it comes to GM, you should maybe be talking about something you really know about. It's obvious you know nothing about GM.