Re: GM

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Posted by Dean on November 27, 2018 at 16:41:13 [URL] [DELETE] :

In Reply to: Re: GM posted by Tim Daley(MI) on November 27, 2018 at 16:10:27:

"It was only made to satisfy the liberal number crunchers in Washington."

Bingo.

GM would never have developed the Volt, knowing full well that it would not sell without HUGE subsidies, and that they would loose money on every one sold. As you say, such development was to keep the greenies in DC off their back for awhile.

Regarding the bankruptcy: Obama should have stayed out of and allowed the federal bankruptcy laws to work as required of just about all other companies. That said, barry did not intervene to dismantle the union but rather to save his dem voting union buddies at the expense of the salaried staff and common stockholders.

Dean


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