Quote Originally Posted by Cincinnati_Kid View Post
Maybe now some will stop bitchin about GM and Chrysler being bailed out by the government. Looks like it turned out to be the right move.
GM employees at Hummer, Saturn, Pontiac, and some GM dealerships as well as bond holders were sacrificed and Chrysler's sale to a foreign company was subsidized with taxpayer dollars. Little was accomplished except there are still more UAW jobs than there otherwise would have been. It wasn't like US consumers were going to stop buying cars had the government not intervened. It's like saying the government made a big mistake not saving American Motors or Studabaker.