Ted shilmen

GM: Bailout or Bankruptcy?

Let them file for bancruptcy like everyone else. No Bailout!
Their business model has not worked for 3 decades.
GM refused to provide products people wanted. GM refused to have high fuel ratings. GM refused to get their house in order. This did not happen over night and was not caused by the recent economy. This was a result off 3 decades of problems compounding. Regardless of whether they get a bailout or file for bancruptcy people will still be laid off and they will go back to business as usual as we have seen over and over. Then the final result will be a larger failure down the road. So let them fix it themselves or close up shop. There is plenty of competitors out there.