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Options all grim for GM's workers; Jobs will be lost no matter what solution is found to woes

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Faygo Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 07:14 PM
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Options all grim for GM's workers; Jobs will be lost no matter what solution is found to woes
Bailout. Bankruptcy. Merger.

Those are terms being bandied about as lawmakers, analysts and others try to figure out how to help keep automakers in business.

Too bad "none of the above" isn't an option.

General Motors Corp. and its two Detroit-area rivals - Ford Motor Co. and Chrysler LLC - face grim futures as Congress prepares to take up a multibillion-dollar-bailout package Monday. Plunging sales brought on by gas prices that topped $4 a gallon earlier this year and a continuing credit crunch have battered the industry. . .

http://www.lansingstatejournal.com/article/20081116/NEWS01/811160660&referrer=FRONTPAGECAROUSEL

God help us all. George W. Bush has destroyed this nation.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 07:16 PM
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1. At this rate you might as well write off the entire state of Michigan.
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