Well, as you know folks GM got screwed. In brief, good for the unions, very bad for capital stakeholders (including the ex-CEO who was fired), and bad for the country. We realize our analysis is coming late, but what needs to be said needs to be said. At this point, General Motors, really equals "government motors." Historically, government interference into the private sector has been atrocious. Unfortunately, as it is said, those who do not learn from the past are doomed to repeat it. And hence it can be stated once again, we are headed down the erroneous path of more regulation and taxation, which (as the past indicates) leads to decreased economic growth.
So it can be seen, GM really is arguably a bellwether for our economy. Bailout after bailout and still others in "high places" want more--more of everything--and more control. We simply can not sit back and watch our economic futures go up in smoke. For the average American, let it be known and known well, we are at a tipping point, from which we may never be made whole--as a country--as a people. As it was once said, "Liberty lost, is liberty never regained." Let's hope and pray we recover, let us put faith in our leaders to do the right thing, but it is also incumbent upon each us, while remaining united and hopeful, to resist as we must by peaceful and legal means to financial tyranny which has pushed our country to massive deficits and unprecedented debt. Let each one of us, do what we can, to save what's left--the precious few.
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