[Frosty]

Again Al you're missing the point. GM "was looking up" doesn't negate the fact that they failed....and failed hard. They could produce the best cars in the world...but product is only part of the entire business model.

They ran the company into the ground. You're probably right about building plants in other countries due to the UAW but they still ****ed over the American worker you care so much about. We were wrong for giving Nissan and other Jap companies tax breaks to employ people but GM gets a free pass for destroying towns by packing up and moving? So GM should have been bailed out but Chrysler shouldn't have? Both have precious American jobs that you claim to care so much about but the Chrysler American workers weren't worthy? See the mess these bailouts can cause? You do it for one you do it for all....the GM worker is no more worthy of saving than the Chrysler job.

BTW, the credit crunch did hurt GM but NO bank in their right mind would lend to them $$ with their massive amounts of debt and their quarterly losses. They were like the family that has 7 maxed out credit cards but only need that 1 more to make everything right. I know if I was a bank I wouldn't have lent them a single dime.

You're an intelligent guy and keep up on your auto industry news but it simply amazes me how slanted you are and how you can so easily look at GM through rose colored glasses all the time. The fact is GM as a COMPANY is complete garbage. They make great products but can't run a company to save their lives. You can spin it any way you want about how things were supposed to get better and how Ford and Chrysler suck and blah blah blah. The fact is they were on the edge of the abyss and it took The Messiah and OUR tax dollars to supposedly save them. To call that anything other than failure is atrocious.