Hearing that GM management wants Obama to sell our shares and get out of the car business, something the administration is refusing to do. What was that he said back in 2009 about not taking over the auto industry?

Oh, and a bit off topic, but still interesting news from the leftosphere:

http://www.commentarymagazine.com/2012/10/24/dems-begin-the-post-obama-blame-game-clinton-obama/

Maybe GM gets released after the inauguration.

Forever Ford. Last GM product I bought new was a 03′ Corsica. And it was a stripped to the bone base model while still too expensive. At the same time we bought a used 94′ Ford Thunderbird that was much older than the Corsica. We still have both vehicles. Our Tbird gets driven much much more, still runs like a champ, and hasn’t needed anything except the usual tires, oil, etc etc. Our oldest teenage kids fight over the Tbird all the time while the Corsica(and a used Grand Am too, they we bought for the kids) just sit there. My work trucks are all Fords(railroad), and I generally get about 250k on the odometer before the tranny or the transfer case gives out.

can’t put the genie back in the bottle, original owners will never get their money back and under a new bankruptcy only the taxpayers will lose… AGAIN

Didn’t Obama say recently that when he left the Oval Office , one of the first things he was going to do was ” go out and buy himself a Chevy Volt..”

When does the federal tax credit on the car expire? Will he still qualify after next January?

I’m not sure I would write off GM forever, even sinners can repent…And I think GM has had it’s own come to Jesus and learned that being in the business of government is a pretty sticky wicket.

That said, if you let business follow its path to success or failure, the best result will always occur. If GM has been making undesirable cars and trucks, a bail out doesn’t change that.

The Volt is undesirable and GM wants out from underneath it. GM not longer wants to be Obama’s tag line for saving jobs when we all know that it was to save Union jobs.

If GM gets out from underneath big government and eventually succeeds on its own, I will be the first to cheer it. GM will never succeed if it isn’t compelled to innovate and market on its own strength,

I, too, will avoid GM, even though I’ve had great luck with Chevy trucks. We just bought a new SUV. For the first time I bought a Honda, a Pilot, based on their history and reputation. Next February we’ll buy an additional SUV, and based on history and reputation, it will be a Toyota Highlander. Ford’s are great vehicles and I’ve owned a few, but Ford doesn’t offer the size of SUV we want, or we’d have bought Ford.