GM Declares Bankruptcy
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Charles Wilson became Secretary of Defense under Ike in 1953. He famously stated something to the effect: "What is good for General Motors is good for America." As the economy of GM has declined, so has the economy of the USA. Read history. It shows that countries that proceed from industry and manufacturing into finance as their main activity swiftly decline into lesser powers. This has already happened to the USA>
The sad fall of GM is largely due to three things: government interference, union greed and management fecklessness. Or say it another way: Big Government, Big Labor, Big Industry.
I have driven lots of GM products in my time and I have two of them now. As GM becomes "Government Motors," I am going to rethink that position.
To have Barack Hussein lecture to me what kind of vehicle I am going to drive tickles my funny bone. I am over 65 and over six feet tall. I am NOT going to squeeze into some roller skate that gets "good" miles. I have enough money to pay for gas.