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Overnight Open Thread

76
Van Helsing6/02/2009 12:39:11 am PDT

re: #73 lobo91

60%, in return for $50 billion we’ll never see again. And the Canadian people own another 12.5%, in return for $9.5 billion.

The UAW gets 17.5%, in return for…well, whatever it is they do, besides keeping them from building cars at a profit and funnelling cash to the Democrats.

I thought I heard something today where it was stated that GM would have those - what the hell are they, anyway? - large infusions of government TAXPAYER cash paid back by 2012 (IIRC).

Why would we expect that when they’ve been losing money for the last 6 years and are now going to be strapped with ludicrous mileage and emissions regulations?

I love they way that the lwas of physics are legislated. Hell, legislate me a warp drive! I’ll vote for you again. I’ll settle for a damn flying car!