Amos,

And where did you CUT AND PASTE that from?


I see no calls for YOU to post sources...


And I would say that Obama had successfully tranfered ownership of GM from the stockholders who had invested to the Unions and public. As one of those stockholders, issues stock in JUST to debts, while the unions were given stock in JUST the assets, I do not see that as a reason to think Obama did anything good. IF GM had gone bankrupt, the assets would have been sold and more effective companies, like Ford, would have expanded.

So Obama has just paid off his union supporters at the cost of hurting stockholders, such as insurance funds and retirement plans.

Thanks a lot!.