Originally Posted by charlie g

The problem with letting a company like gm go under is that hundred of thouands of people would be affected.... pensioners, current workers, satellite companies that feed off GM, bondholders, stockholders and on and on. The plain fact is our politicians do not have the spine to actually work these problems out. Imagine what is going to happen when they tell us there is no more medicare/medicaid, social security because there is no more money. A good first step towards preparing people would be to let GM go under.