Posted by
John Finnigan on Monday, March 30, 2009 8:59:42 AM
GM & Chrysler going under?
Sadly, GM and Chrysler may be going under. Yet, the
possibility of them going under is real and the question should be how do we
handle it?
Last fall bankruptcy was probably the best solution. Now it
probably is still the best solution.
Bankruptcy for GM and Chrysler will probably destroy the UAW.
This is the only reason the Obama administration did not let that happen in
January.
Will Gm, Chrysler and the UAW be the latest victims of Obama’s
tendency to throw his followers under the bus?
Probably.