Sadly, this isn't a matter anymore of "if" it's going to happen, now it's "when" it is going to happen...



It amazes me how a company that represents so much strength in our nation can tank or let themselves slide like they have. We (tax payers) will be paying for this for a very long time. Selfishly, I don't think we should but welcome to America! Their huge pension plan debt and blind spending when they should of foreseen this coming blows my mind. This will affect each and every one of us, like or not... GM is set to run out of cash by April, which is the end of the first quater...



So, when do you think it's going to happen? What do you think will happen? Will the government pick up the tab on their pension plans? Will they sell off the assets and send 1000's of people home jobless? Do you not give a shit think this thread is worthless only later to find out that you’re paying and didn't even know...? Vent! And the even bigger question; which of the "Big 3" will be next? It’s coming ladies and gents