• fb_100001663981238 avatar Daniel Posted: 6/1/2011 2:05pm PDT

    More bailouts... We're do I sign up?

  • Kurt Posted: 6/1/2011 4:05pm PDT

    @Daniel, right behind me...

  • Jim Posted: 6/1/2011 8:02pm PDT

    Only the Government could be happy about losing money.

  • Kurt Posted: 6/2/2011 4:41am PDT

    @Jim, look at it from a "glass half full" perspective: they're losing a lot less money than they thought they would.

  • dan detroit avatar dan detroit Posted: 6/2/2011 10:25am PDT

    GM Invested $5B in capital improvements in America in 2010 & 2011 and provides $10's of Billions in taxable annual pay to employees as well as Suppliers and their employees. The bailout was a very good thing for America. Strong profits next quarter will drive stock price higher and reduce the taxpayer's losses even more.

  • Kurt Posted: 6/2/2011 12:16pm PDT

    @Dan, my only hope is that GM, Ford and Chrysler ramp up hiring. Unemployment and underemployment are significantly worse than the numbers would have people believe, and the automakers represent the best shot we've got at putting Americans back to work.

  • Michael Posted: 6/2/2011 12:22pm PDT

    I'd much rather our government spend $16B on a bailout for an auto industry that actually creates something as opposed to hundreds of billions on bailouts for banks and investment firms that produce nothing but wealth for a priveleged few. $16B is a drop in the bucket compared to trillions of dollars for two unfunded George Bush wars that are major contributors to our current economic conditions. Other than the military-industrial complex, what Americans benefitted from those conflicts? Certainly not the thousands killed in action. How about we stop wasting money on military nation building, quit complaining about investment in America, and do more to stimulate our own economy - like the rest of the industrialized world?