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View Diary: Michigan to Build Windmills--If You Let Them! (70 comments)

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  •  Bailing out one is easier than bailing out... (3+ / 0-)
    Recommended by:
    khloemi, cfk, firemage

    35,000

    Think of the paperwork alone!

    But, the question is moot... GM is worth saving in and of itself.

    Comments that say "GM workers should get retraining" without SPECIFIC DETAILS about those "new jobs" that never come are trollworthy

    by LordMike on Mon Dec 15, 2008 at 09:39:51 PM PST

    [ Parent ]

    •  true (1+ / 0-)
      Recommended by:
      LordMike

      I think bailing out more little guys is better in general than bailing out big guys, though, even though the big companies are easier to bail out. Obviously some practical issues involved there.

      I am somewhat skeptical that the money will end up going to the right people---I think most of it will end up going to GM, not its suppliers, and more of it than we'd like to think will end up with GM shareholders, bondholders, and management. But I tentatively agree that there are no less-bad feasible options.

      "See a world of tanks, ruled by a world of banks." —Sol Invictus

      by Delirium on Mon Dec 15, 2008 at 09:46:01 PM PST

      [ Parent ]

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