GM: Bankruptcy Not A Viable Option

Board Of Directors Feels Chapter 11 Would Not Address Fundamental Issues Facing Automaker, Says Spokesman

(AP)  General Motors Corp.'s board of directors does not consider bankruptcy protection a viable option to solve the company's financial troubles, but it has discussed Chapter 11 because it has a legal duty to do so, a spokesman said Saturday.

Century-old GM, an icon of American manufacturing, has been battered by a plunge in car sales as American consumers tighten their belts and shift away from the big moneymaking pickup trucks and SUVS that have long been the staples of GM's lineup.

GM, which has slashed jobs and closed plants since early in the decade, has warned that it could run low on cash by the end of the year unless it gets a taxpayer-funded rescue from the government.

"The board has a responsibility to keep all options open considering the circumstances," said Vice President of Communications Tony Cervone. "Chapter 11 protection is not a viable option because it doesn't fundamentally address the issues at hand today."

The board, which has been meeting regularly by teleconference since the company's finances worsened, agrees with Chairman and CEO Rick Wagoner that bankruptcy would be disastrous for the company, Cervone said.

Wagoner has said it would scare away customers who would not make a big-ticket purchase from an automaker that is under court protection.

Instead, Cervone said the board supports Wagoner's strategy to seek congressional approval of low-interest government loans, getting the company through its liquidity problems until the U.S. auto market recovers and it can be profitable again, Cervone said.

"The board continues to support management and has continued to express support for management," Cervone said.

Wagoner, in testimony to the Senate Banking Committee on Tuesday, said that independent research shows 80 percent of consumers would not consider buying a car from GM if it were in bankruptcy.

Bankruptcy experts say the company may not be able to pay all its bills, and that some parts suppliers may start demanding cash from GM upon delivery. GM, though, may be able to negotiate terms from suppliers whose fates depend largely on the company's success.

Wagoner, Ford Motor Co. CEO Alan Mulally and Chrysler LLC CEO Robert Nardelli appeared before Congress this week seeking $25 billion in low-interest loans, but were drubbed by criticism from members of House and Senate committees.

Instead of leaving Washington with a commitment for the bailout loans, the three headed back to Detroit empty-handed, rebuffed by lawmakers who were upset that the trio flew to the nation's capital in separate private jets to ask for aid.

Lawmakers also criticized the CEOs for appearing without a solid plan and for allowing high labor costs that put them at a disadvantage with their Japanese competitors.

In a letter to the auto executives released Friday afternoon, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid demanded a detailed accounting by Dec. 2 of the companies' financial condition and short-term cash needs, as well as their plan to achieve long-term viability.

The Democrats also called on the automakers to show how they would ensure that the government would be reimbursed and share in future profits, eliminate dividends and lavish executive pay packages, meet fuel-efficiency standards, and address their health care and pension obligations if they get the federal help.

The Bush administration sharply criticized the Democrats for departing Washington for a congressional recess without acting on a rescue for the car makers.

GM is considered by many to be in the worst financial shape of the three automakers. The company spent $6.9 billion more than it took in during the third quarter and has warned that it could reach the minimum amount of money needed to run the business by year-end.

GM already has cut expenses and has delayed for two weeks reimbursements to dealers for sales incentives such as rebates.

[VTchemist]

GM is plagued by high costs associated with union labor (as well as benefits). Of my 3 cars, 2 were made in the US with non-union labor. The other is from Europe. All are great cars.

The whole industry needs to rethink its management and operating procedures. If not, they will not weather the current crisis (and probably join AMC as a bygone auto producer).

[notopennshut]

NO! NO! NO! These companies must be restructured and reorganized if they were to have any hope of surviving. They must not be allowed to hang on to the same old demands, same old terms of overpaying for salaries and benefits. If so, pouring in 70 billion wouldn''t matter, for they would end up in the same old pit hole. No way must they be given another penny until terms and conditions are renegotiated and each and everyone, from the CEOs and workers must be willing to sacrifice something, if they wish to survive. Otherwise, let them sink.

[barbaraf4]

I am retired and I own a Chevy Malibu. I have owned 15 automobiles in my lifetime and this is the first American-made one.

My foreign cars have ranged from Volvo''s to Honda''s to Nissan''s to VW''s. They were all precision instruments that got great gas mileage. My next car will be another foreign-made.

If you buy American, you are paying inflated prices for poorly constructed gas guzzlers. The dollars that could be put to a quality product go to the unions, benefits and enflated paychecks.

These are problems that are similar to the airlines. They have been over-paid and over-benefitted for too many years also.

[jumkey]

GM is plagued by high costs associated with union labor

Posted by gll1955

Nonsense. More anti-union babble. The unions have been shrinking and giving back wages and benefits for at least the last 20 years. This is first and foremost a management failure - but in America we don''t blame management for anything. And as for the rich, they could kill and eat your children on the White House lawn and you brain-dead Limbaugh conservatives would somehow convince yourselves the sacrifice was perfectly reasonable and acceptable.

Please start thinking for yourself. You willful ignorance of the world around you is killing our country.

[longtree-2009]

they don''t want to file bankruptcy, then put themselves on the block like citi. let someone buy them that knows who to run an auto industry. there is japan, korea that come to mind. we are already in debt to china so what''s the problem with selling themselves to japan?

[barbaraf4]

Bush needs to spend the next two months in Crawford, clearing brush and working on his Pardons List.

[stick1772]

S T A R T O V E R!!!!!!

[hitoyou1]

Wrong. Tax payers can not give this company any money. Make them file bankruptcy, then get the UAW contrat out, Then talk about giving them a load, back by the TAX PAYER. They stell belive they can do as they pleasae and the Tax Payer will bail them out. WRONG, WRONG, WRONG.

[hitoyou1]

lastdance134: I don''t know who told you 15 years. Buy I only Had 10. My check comes on 3rd, and I nevery saw 15.

Oh bulllshit. Chapter 11 didn''''t scare customers away from United Airlines and they emerged stronger.


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Posted by FloydZeppd at 05:31 PM : Nov 22, 2008

Apples and oranges, you can''t compare an airline to a mainline manufacturer that has to warranty (under law)their vehicles, supply crash and mechanical parts for repairs.

[freckster]

I certainly don''t think the big 3 are any more viable begging for taxpayer money rather than Chapter 11.

I make far less than the $28 an hour the assembly line worker makes. How many people in the US make that much? Even if they had a product I could afford, they don''t have a product I want.

They''ve begged off on improved mileage standards for decades. They chose to close their eyes, cover their ears and yell "I can''t hear you!" when it came to being innovative and building alternative fueled vehicles.

The big 3 are a dinosaur and as painful as it will be they need to find their own way or die. Just like the dinosaurs. They have driven themselves into extinction and we should not be pulling them back from the brink. Otherwise, they will never adapt or change.

The Entire American Auto Industry Need to be : Rebuilt
Auto Management needs to have an : American Patriotic Attitude

The Big Three needs to Perish
The Big Three needs to be : Seized
The Big Three needs to have all Their Assets Seized
A New American Auto Industry Needs to be : Rebuilt

With New Names and Brands
With a New Management Ideology
That has a : American Patriotic Attitude

Rather Than the NAZI Fascist Ideology of :
The Corporation Outweighs the Needs of the Worker or
The people of the NATION

US Auto Manufacturing Plants in :
Mexico - China - Germany - France - Egypt and Saudi Arabia
Built by : Chrysler - Ford and GM
Paid for by : Chrysler - Ford and GM - Investors

All of Them Built For one Purpose :
TO PURPOSELY and INTENTIONALLY DESTROY :
The DEMOCRATIC INFRASTRUCTURE and
The ECONOMIC INFRASTRUCTURE of : The United States

Definition of TREASON :
1 : The betrayal of a trust : treachery
2 : The offense of attempting by Overt acts to overthrow the
government of the state to which the offender owes allegiance


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Posted by lastdance134 at 05:47 PM : Nov 22, 2008

SOS different day

[hitoyou1]

The Autoworkers UNION Peopel are OVER PAID, always have been. It is time to say NO. NO BAILOUT. Work for $15.00 to $20.00 an hour and pay for 1/2 Insurance like every body else does, are get out. I am not going to like giving you my tax money.

[hitoyou1]

lastdance134 I see you lie and don''t know one thing about me. I did work for the NO GOOD UNION and I can prove it. Byt I wont to you, I can''t stand peopel that LIE LIKE YOU. So shut up and go back to YOUR BOY

[hitoyou1]

I would not send him any thing. Maybe some S88T to eat.

Wrong. Tax payers can not give this company any money. Make them file bankruptcy, then get the UAW contrat out, Then talk about giving them a load, back by the TAX PAYER. They stell belive they can do as they pleasae and the Tax Payer will bail them out. WRONG, WRONG, WRONG.


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Posted by Hitoyou1 at 06:01 PM : Nov 22, 2008

In a perfect world I''d actually agree with you. However, it''s not perfect. As long as you give farmers subsidies, oil huge tax breaks and low cost leases,Ethanol subsidies, bailout (VS LOAN) banks and Wall Street, and spead around prok for every item you hold dear and invade a forign country and spend 1 bil a month, subsidize foreign countries that can defend themselves, give no bid contracts. Well, of all those NONE WERE ASKING FOR A LOAN, they just got the money.

If there was not credit crunch, any of these companies could get a commercial bank line of credit.

Got that one more time? LOAN not a bailout a LOAN.

Give them the loan or a federal guarantee on loans and get on with it.

The Autoworkers UNION Peopel are OVER PAID, always have been. It is time to say NO. NO BAILOUT. Work for $15.00 to $20.00 an hour and pay for 1/2 Insurance like every body else does, are get out. I am not going to like giving you my tax money.


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Posted by Hitoyou1 at 06:08 PM : Nov 22, 2008


Jealous are we? What a person makes is not the problem if you read most of the posts, it''s what THEY ARE NOT making.

You work for less at your workplace, take the cut, see how you like it.

Auto Workers Do Not : Design Autos
Auto Workers Just Build Them

Walmart Workers Do Not Design Products
They Just Sell Them

The American Auto Worker sets
The Example of the Wage Package for :
Other Workers of the Nation to Follow


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Posted by lastdance134 at 06:14 PM : Nov 22, 2008


*** right, and the majority of those benefits are mirrored today in non union jobs.

Keep something in mind since Ford started autoworkers have always made more than average. Try working on the line, union or non union, you''ll get it.

[stick1772]

I certainly don''''t think the big 3 are any more viable begging for taxpayer money rather than Chapter 11.

I make far less than the $28 an hour the assembly line worker makes. How many people in the US make that much? Even if they had a product I could afford, they don''''t have a product I want.

They''''ve begged off on improved mileage standards for decades. They chose to close their eyes, cover their ears and yell "I can''''t hear you!" when it came to being innovative and building alternative fueled vehicles.

The big 3 are a dinosaur and as painful as it will be they need to find their own way or die. Just like the dinosaurs. They have driven themselves into extinction and we should not be pulling them back from the brink. Otherwise, they will never adapt or change.


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Posted by freckster at 06:05 PM : Nov 22, 2008

I don''t diss anyone for making big $$ and if autoworkers could make big $$ for work that is fine with me. Just don''t run a company in the ground, refuse to take cuts and then want a bail out or "loan" to continue making ***.

I understand it''s not the workers who come up with the contract or the worker who designs the *** the big 3 have put out over the past 20 years.

I mean pontiac aztec???? *** like that is what got you in the hole you''re in now.

Let them run like any other business, if you don''t make it you''re out of the game. Too big too fail is bulls**t.

[stick1772]

also, the free trade has got to be modified. Other countries have Nationalized health care and subsides for their auto industry. This lowers their costs and they compete on an unfair advantage. They don''t have legacy costs that our auto industry has because alot of them are newer companies. Free trade is fine but there needs to be some kind of taxes or fees to even out the costs of products coming into this country. NAFTA hasn''t made the other countries standard of living go up to meet ours, it has made ours go down to their crappy level.

Our country imposes environmental costs on our companies that others in china and japan do not face.

There needs to be an even playing field.

[freckster]

lastdance134

*** are you talking about? Did I say the UAW members design autos? duh. no.

I can afford to shop at Walmart because the people working there make as much as I do. The cost of Walmart products is not inflated by the luxury lifestyle UAW members enjoy long after they retire. I see these retirees here in FL every day. They can afford a new car every couple of years and get comprehensive health care.

Are you suggesting the UAW is setting the standard for the American worker? Oh, please, spare me your rhetoric. Unions can serve a purpose - but when that purpose is served (like forcing Federal wage and safety laws) then greed takes over and kills companies. They seek to kill their own golden goose.

Is the UAW part of the problem at the big 3? You betcha! Mismanagement in general is the biggest problem, and that was my point.

[stick1772]

*** are you talking about? Did I say the UAW members design autos? duh. no.

I can afford to shop at Walmart because the people working there make as much as I do. The cost of Walmart products is not inflated by the luxury lifestyle UAW members enjoy long after they retire. I see these retirees here in FL every day. They can afford a new car every couple of years and get comprehensive health care.

Are you suggesting the UAW is setting the standard for the American worker? Oh, please, spare me your rhetoric. Unions can serve a purpose - but when that purpose is served (like forcing Federal wage and safety laws) then greed takes over and kills companies. They seek to kill their own golden goose.

Is the UAW part of the problem at the big 3? You betcha! Mismanagement in general is the biggest problem, and that was my point.


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Posted by freckster at 06:26 PM : Nov 22, 2008

you ought to be glad that unions have gotten good wages for their workers in this country. Why would you wish for everyone to make what Wal-Mart workers make?

You ought to be for higher wages and stop being what seems to be green with envy. Unfair trade and stupid government regulations have killed the big 3 mainly. Put that with some poor design and your screwed. The wages and benefits did not kill the big 3

[combatvet03]

A lot of anger here.....I''m not a fan of unions...so what....I am less a fan of greedy low life sons of *** that rape America from corporate posts. The big three could get all of the money they need to make all of the cars they want to make, a new one every year, more expensive, equipped with cell phones, ON STAR, extend the payment period to that of a home for the average family, and pay for gas, so the kings can fly in their jets and blow members of congress to keep people like Ted Stevens
in the senate. Mr. TAXPAYER, KEEP YOUR MONEY, DO NOT ALLOW THE SENATE OR HOUSE TO PAY THE BIG THREE FOR BEING GREEDY AND UNAMERICAN...NOTE THE LAST...UNAMERICAN....THE BIG THREE REPRESENT... I''ll tell you what, you look into history and find similar control forums, make your own judgment.....................

[edward1975-2009]

Cut all of the waste from upper-management and make the union re-negotiate wage levels, they won''t need a bailout. The gluttoney of these two parts of the puzzle, have directly led the auto industry where they are today. You charge for your product what the market will allow, and you pay wages that the market will allow, and neither of these is being done. It''s tough to make a case for yourself when you fly into town in private jets, then fund a massive PR campaign to further your cause. Kinda makes ya look a little stupid when asking for taxpayers monies.

[benissimo-2009]

Let them crumble for building gas guzzling SUV''s and trucks instead of focusing on hybrid/green technologies aka the "future". I have no pity for these industries.

[lloydbest1]

"Lawmakers also criticized the CEOs for appearing without a solid plan and for allowing high labor costs that put them at a disadvantage with their Japanese competitors."
The problem isn''t the cost of labor; it is the cost of management. Frankly I am getting tired of hearing how much the line worker is being overpaid when the executive suite is getting BASE salaries anywhere from $250K to $600K and more. That, by the way, does NOT include benefits, bonuses, and stock options. If there are any compensation cuts to be made, it is the management drones who should bear the brunt and not the shop floor types that actually produce something.

"In a letter to the auto executives released Friday afternoon, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid demanded a detailed accounting by Dec. 2 of the companies'' financial condition and short-term cash needs, as well as their plan to achieve long-term viability.
The Democrats also called on the automakers to show how they would ensure that the government would be reimbursed and share in future profits, eliminate dividends and lavish executive pay packages, meet fuel-efficiency standards, and address their health care and pension obligations if they get the federal help."
Note, please, the Democrats have never said, "No". They are merely asking for a business plan - and a commitment to stick to it.

[McHineguy]

Fabricated By : Criminal Corporate NAZI Fascist America

In the attempt to : Discourage other Workers from trying to
Achieve The Real Decent wage package - They have Already Earned


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Posted by lastdance134 at 06:52 PM : Nov 22, 2008

Calling people who do not agree with you "NAZI Fascist america" doesnt do muc for your side of the argument. In fact, it turns me off from most of your posts. I dont believe you have earned a higher wage than the rest of us ($60,000 v2 $42,000) or all those exptra benefits. All you have done is raise the cost of a new car to the point where they dont sell anymore and then you wonder why people dont want to help you survive.

[McHineguy]

HOW CAN I GET THIS JOB AS AN CEO.


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Posted by demdump at 06:43 PM : Nov 22, 2008

Hey, Id be happy as one of those union factory workers making $60,000 plus benefits. Wouldnt most of us.

[downtowner97]

80% of people surveyed would not buy a car from an automaker in bankruptcy, according to the article. Since Chevrolet''s market share is about 20%, that''s no big loss.

I was a Chevy man for 30 years, then I gave up on them because of poor quality. Now I drive a diesel VW Touareg that can pull a 3/4 ton Chevy backward.

[McHineguy]

Posted by lastdance134 at 07:14 PM : Nov 22, 2008

You and I have had this discussion and I am not buying it. Its full of emotional rhetoric and short on facts (except the lineage of Prescott Bush). None of that has much bearing on our problems today.

You seem to focus a lot on the crimes of the corporation. It seems to me that a corporation is just an assembly of people with a common goal (kinda like a union). Only in this case, they want to produce and sell things at a profit. In your case, you seem to want paid but you dont say what you want paid for. Building cars? How many per day will you build? Can the rest of us afford to buy them then?

[timothykline]

I think this sums it up: Instead of leaving Washington with a commitment for the bailout loans, the three headed back to Detroit empty-handed, rebuffed by lawmakers who were upset that the trio flew to the nation''s capital IN SEPARATE PRIVATE JETS to ask for aid.

The Big Three are completely out of touch with the reality that the auto manufacturing sector has left them behind (some of which has happened due to their own stubbornness and lobbying hard against imposing fuel economies, etc).

They''re claiming that nobody will buy their cars if they file bankruptcy. But they themselves have stated unequivocally that sales are WAY down--which means that nobody is buying their vehicles NOW. I suspect the real reason they don''t want to file bakruptcy is because they don''t want to open their books, simple as that.

Instead of bolstering these 3 dinosaurs, why not toss that $27b to the upstart companies producing electric/green cars, and when the Big 3 fail, those employees can go work for the upstarts, producing competitive cars for the world market once again, instead of buying the Big Three another "it''ll take 10 years" spiel. It CAN be done. It IS being done. NOW.

[ramos937]

The board has a responsibility to keep all options open considering the circumstances," said Vice President of Communications Tony Cervone. "Chapter 11 protection is not a viable option because it doesn''t fundamentally address the issues at hand today."
--------------------------------------

GM''s primary reason for not going Chapter 11 is that folks will not buy from a mfg under Chaper 11. Guess What? I would not buy a GM product today no matter the inducements. I simply do not believe GM will survive without Chapter 11 protection.

GM can forget federal loans. Any polician (outside of MI) would be committing political suicide if he/she votes for that package and they know it.

If Chapter 11 is out, then GM can only close its doors. It is kaput.

[ramos937]

I do not believe there have been any laws broken by the Big 3. Today''s conditions is due to years of mismanagement and bowing down to UAW demands. Today, it costs the Big 3 somewhere around $1.30 to sell a vehicle for each $1.00 of sales revenues. Decreased production simply means you go broke more slowly.

[ramos937]

One more thing. If memory serves me right, the first thing Lee Iococca did was to file for Chapter 11. After years of hard work and everybody working together, Chrysler emerged stronger than ever.

The big 3 should entice Lee out of retirement as a consultant and listen to him.

[zertrat]

Bankrupcy not an option? Kiss ''em goodbye, and kick ''em friendly-like on the way out the door. The Subaru plant in Indiana is doing fine, cranking out great vehicles, and no trash whatsoever. Really. No unrecycled waste out. Good vehicles produced. Better quality, better economy. Fewer crashes killing fewer americans. Made by American workers. Will we miss GM? Uhhh, no.

[McHineguy]

RE : machineguy

Federal Taxes = 41% for a Single Person

= 59% of the Wages Paid in Real Money

$ 60,000 = $35,400.00 - Real Money

Re : machineguy

Get Real With Your Statements


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Posted by lastdance134 at 07:29 PM : Nov 22, 2008

We have had this discussion before too.

I AM REAL WITH MY STATEMENTS. MY FACTS COME FROM UAW DOCUMENTS OR THE US GOV.

I doubt you get many people convinced. But for now, Im going to eat and visit with my kids.

Good night.

[pcreversed]

I guess GM will close its doors because if they are unwilling to give up the rediculous life-style of its CEO they can go to hell. Don''t fly to DC in a private jet and then ask me for a hand-out. The whole auto industry has done nothing to prepare for this time. They want our money but send our jobs to Mexico and Canada. Let them ask Mexico and Canada for money.

[hitoyou1]

Let them die. Shut the door. Greed is not going to make it in the world of today. Down with the Automakers and the UAW.

[pcreversed]

Even if they do survive, what do they manufacture that is worth buying. Everything in their line of products is pure trash. I see nothing worth buying what so ever. They have nothing of quality at all. Not one car, truck or SUV, not a minivan, they don''t even produce a bicycle worth owning. They have been getting out produced bu Japan and now Korea for years. that is funny, they are being out-produced by Korea. They should be embarrased to be in business at all. How far they have fallen.

[hitoyou1]

The Big 3 should go broke. They make JUNK

[hitoyou1]

PCreversed: Well said. They make JUNK, and they are trying to sell JUNK. Shut DOWN.

[hitoyou1]

lastdance134: did you eat it all?

[hitoyou1]

lastdance134: You are such a pig. You should not let the world know you are a pig eating S77T

[candortoo]

Timothy Kline has hit the nail on the head. Wonder why we haven''t anything like this from our lawmakers?

Quote:
Instead of bolstering these 3 dinosaurs, why not toss that $27b to the upstart companies producing electric/green cars, and when the Big 3 fail, those employees can go work for the upstarts, producing competitive cars for the world market once again, instead of buying the Big Three another "it''ll take 10 years" spiel. It CAN be done.

Right on, brother!

[walt1944-2009]

Gm says that Chapter 11 is not a "viable" option for them.

There is a reason for this.

When a company goes Chapter 11, the court appoints an independant overseer who takes control of CONTROL of the company AND ALL the cash and spends it ONLY on company related expenses, such as payroll, materials, utilities, etc.

Corporate executives are NOT ALLOWED to touch ANY CASH, even down to being denied to run their personal mail thru the postage meter in the mail room!!!

This also means NO BONUSES, NO PERKS, NO CORPORATE PAID WEEKEND OUTINGS, NO "SEMINARS": in other words, ROUGH TIMES COME TO CORPORATE PARADISE!!!

AND, if the company can''t make a turnaround by the court appointed deadline, it''s CHAPTER 7 AND EVERYONE GOES HOME!

Now you know WHY Corporate America would rather get our taxpayer money and keep living it up rather than file for Chapter 11!!!

Take it from someone who worked for a bankrupt company right up to the END!!!

SIG HEIL, THE CAT''S OUT OF THE BAG!!!!, BUSH!!!!

[voxpopulus]

Well, they would say that wouldn''t they?

[cbs_oliver]

"Lawmakers also criticized the CEOs for appearing without a solid plan and for allowing high labor costs that put them at a disadvantage with their Japanese competitors."

AP and Republican Senators and talking heads continue to push deceitful characterizations of the cost of labor at US automakers compared with Foreign automakers. Really deceitful! The numbers they use arn''t salaries or even salaries plus benefits. They arn''t even salaries plus benefits to current workers plus owed benefits to past workers. They are salaries plus benefits plus already deposited (paid) benefits owed to past workers.

Double counting.

Double talking.

Flat out deceit.

Interestingly, Americans are eager to believe this ***.

Of course they are pushed by Republicans.

Republicans are committed to the interests of big business and are so childishly mean spirited that they would rather see Americans working for illegal immigrant wages.

Too bad.

[vivaviva44]

Cars are important, but the basic things to live for human that is house. I don''t believe the government skipping to rescue house owners and potential owners they take back or buy houses again also new owners want to buy houses, they have not been rescued like Hurricane victims so far, what''s the heck of going on USA? It seems suicide of America.
Is it all old regime affecting so far?

[silverado78]

The real reason is the state of our economy!!. I am just the average "Joe" and all of a sudden it''s ripe for all the jealousy to come screaming out. If you just know your true history, you would not be siding with those who do not know what their saying. At the age of 19,I got a hard working job, and the most respected job in the state, G.M. and the UAW representation. I had just became a citizen of this great nation, and now at retirement age,I see all the venom spilling out, and it''s sickening. This nation was protected, raised on the blue collar worker, someone had to do it. There are those who choose other paths that indeed helped this country grow and prosper, but to contribute to the bashing of men and women of these jobs,and our union''s is wrong. Take the time to go and see all the "Changes" G.M. needed, and those who sacrificed, And maybe then you will get the "Big Picture".

[tawpdawg111]

Hey GM....we have all seen WHO KILLED THE ELECTRIC CAR? and know all about your complicity in siding with Arab oil sheiks over what is right and just and good for America. We know you buried the battery technology that runs EVs for 300 miles per charge....besides yourselves, who are you fooling? Wipe that egg off your face! You DESERVE your fate.