President Barack Obama Message Board

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Politics : President Barack Obama

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To: Lizzie Tudor who wrote (44950)	11/19/2008 8:10:26 PM
From: tejek	Read Replies (2) of 149317

totally AGREE. This is ALL on GMs stupid and in some ways corrupt management. The unions are just doing their job, negotiating for their workers. The fact remains though that there are about 2x more workers than there should be, and 3x more car models. How do you correct this, now? Not buy feeding more money to the carcass. And if half the workers are going to get cut, which they need to be in order for GM to be viable, whats the difference if they go chapter 11? I think if it were any other time I would have no problem pulling the plug and letting them go into Chapt. 11 but these are not ordinary times. Six months ago, my friends in Europe were detached whenever I brought up the economic problems here. Now they are the ones telling me about bad stuff happening there. And I think of Lehman and how letting that one go bankrupt really messed things up. And I listen to Sen. Shelby of ALA and I have to be opposite almost anything that guy wants because I think he's an idiot savant primitive [sorry chooseafter]. I don't know......this is a complicated mess that could cause us more pain than I like to think about if we do it wrong. So I am still on the fence.

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