Comments on: Is auto bailout Romney's Achilles' heel?
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- It's one of his MANY problems.....the biggest one though is his Mormonism....followed by his flip-flops every time you listen to him talk.
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- GM did file for bankruptcy. The bailout didn't save GM, bankruptcy did. Bankruptcy afforded GM to restructure how much it should pay its workers, from $50/hr to $30/hr for line workers, as well as cut its benefit and pension payments to employees. GM can't break burdensome union contracts without bankruptcy. If it weren't for bankruptcy, we'd still be bailing out GM. I'm sure unions would have been happy with the way things were.
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