Gm has only enough cash til the end of December. Hopefully Republicans will filibuster any bail out and Gm will file for reorganization. Union will be mostly cut out. Toyota will then buy Gm. My prediction. Same thing might happen to Ford. They might fall into the hands of Honda.
Funny how both Bush and Obama are now apparently against anymore bailout money for auto companies. I guess they see it as a bottomless pitt or simply doen't want to set a precent for every other company in America.
Funny how everybody is looking for a handout. Airlaines, auto industry, banks, financials, manufacturing, mortgage holders. Can government pay for everyone and for everything? Nope. You will see Obama follow Bush lead,...the taxpayer piggy bank is CLOSED!