[BigAls87Z28]

Chap 11 means Chap 7 within a month.

GM must be bailed out, but GM's part of teh 25 billion will give them enough money to get them to the end of Jan.
The south is not in support of this, and I think overall Republicans are against it, which goes hand in hand now. The south does not like the disadvantage it would give the import companies who have set up shop down there giving the northerners a bail out.
This is not politics as usual and they somehow magically come together and pass it at the last moment. The Republican Party seriously wants the unions destroyed and this they have realised this is the first chance they have had in 30 years to do it. And having lost both houses and the Presidency, it's simply too inviting for them not to savour this rare victory for their cause.

If GM does not get a bail out, GM will have no choice but to file Chap 11, which will turn right into Chap 7. This is exactly what we dont want.
A bail out must happen now. This money would keep them moving for a few more months untill a larger and stronger bail out package is put together.

If GM makes it out of this alive, they will need to cut everything to make vehicles, all vehicles, profitable.