How’s That General Motors Bailout Going? The Value of GM is Down By About Half During 2011, So Far, YTD

Why on Earth do we subsidize car production?

What’s so special about it?

Click to expand

Maybe GM deserves to die?

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This entry was posted on Tuesday, October 4th, 2011 at 7:11 am and is filed under cars. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “How’s That General Motors Bailout Going? The Value of GM is Down By About Half During 2011, So Far, YTD”

  1. Dave D. says:
    October 4, 2011 at 8:24 am

    …Silly Goose ! We’re not subsidizing car production, we’re subsidizing VOTE production. The Goobermint is taking money from folks earning $18 / hour and giving it to UAW workers earning $73 / hour. It has nothing to do with no damned cars.

  2. sfcitizen says:
    October 4, 2011 at 8:47 am

    Well I guess it’s $14 and hour to start plus benefits for the new workers and I thought it was $28 per hour for older generation.

    Yes, the politics of Michigan, in particular, plays a role.

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