A Job for Jesus…

At this point, I doubt anybody else can save the American auto industry.  Here’s is GM’s restructuring plan, which was presented to the Senate banking committee.  They reveal the net worth to be -$60 billion.  This means taxpayers would have to sink $60 billion into GM for them just to break even, let alone give them something they could actually work with.

Failing the chance of a Christmas miracle, bankruptcy is GMs next best hope.

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