Told you Gm now needs $30 Billion. You have got to be kidding. I said it months ago dont have the automakers it is throwing away money but folks you have to face the facts. It is better for them to fail than giving then $100 Billion which they will burn anyways and then we have nothing. It is better we make them fail just like the banks and use that money for stuff that will WORK.
Financials, automakers are just like coal and telephone companies of the 80s, DEAD, dying industries that must revamp. We can't continue like this and expect them to be any better.
Folks you can't spend and solve problems. Problems are solve my systematically address the issues and dealing with risk and future development.
This is all going to end VERY VERY bad for everyone. EVERYONE.
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