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Welcome to the Obama Motor Company

Started by Hansmeister, April 29, 2009, 10:30:16 PM

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alfred russel

#30
April 30, 2009, 11:51:16 AM
I don't know anything about this situation beyond what is in this article (which is in all liklihood distorted), but I wonder if this isn't Obama's bankruptcy strategy. Offer a deal that is very favorable to the UAW but so unpalatable to the bondholders that they will inevitably force bankruptcy.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.

There's a fine line between salvation and drinking poison in the jungle.

I'm embarrassed. I've been making the mistake of associating with you. It won't happen again. :)
-garbon, February 23, 2014
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